Goodfellow (TSX:GDL) Change In Inventory : C$7.6 Mil (TTM As of Feb. 2024)

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What is Goodfellow Change In Inventory?

Goodfellow's change in inventory for the quarter that ended in Feb. 2024 was C$-24.3 Mil. It means Goodfellow's inventory increased by C$24.3 Mil from Nov. 2023 to Feb. 2024 .

Goodfellow's change in inventory for the fiscal year that ended in Nov. 2023 was C$13.8 Mil. It means Goodfellow's inventory declined by C$13.8 Mil from Nov. 2022 to Nov. 2023 .

Goodfellow's Total Inventories for the quarter that ended in Feb. 2024 was C$122.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Goodfellow's Days Inventory for the quarter that ended in Feb. 2024 was 122.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. Goodfellow's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.75.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Goodfellow's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 1.05.

Goodfellow Change In Inventory Historical Data

The historical data trend for Goodfellow's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Goodfellow Change In Inventory Chart

Goodfellow Annual Data

Trend

Aug13

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Change In Inventory

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5.21

2.60

-25.05

-2.51

13.82

Goodfellow Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Inventory	Get a 7-Day Free Trial															-18.12	8.15	8.92	14.87	-24.33

Goodfellow Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$7.6 Mil.

Goodfellow (TSX:GDL) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Goodfellow's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	110.6375	/	82.546	*	365 / 4
	=	122.30

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Goodfellow's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	82.546	/	110.6375
	=	0.75

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Goodfellow's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	110.6375	/	105.334
	=	1.05

Goodfellow Change In Inventory Related Terms

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Goodfellow (TSX:GDL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Goodfellow Inc (TSX:GDL) » Definitions » Change In Inventory

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N/A

Address

225 Goodfellow Street, Delson, QC, CAN, J5B 1V5

Website

https://www.goodfellowinc.com

Goodfellow Inc is engaged in various business activities related to remanufacturing and distribution of lumber and wood products. The Company manages its operations under one operating segment i.e. sale of Lumber, Specialty and commodity panels, Flooring and Building materials. Majority of company's revenue is generated from sale of Lumber. The company operates in Canada and The United States; majority revenue is generated from Canada.