GreenFirst Forest Products (TSX:GFP) Change In Inventory : C$12.3 Mil (TTM As of Mar. 2024)

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What is GreenFirst Forest Products Change In Inventory?

GreenFirst Forest Products's change in inventory for the quarter that ended in Mar. 2024 was C$-21.7 Mil. It means GreenFirst Forest Products's inventory increased by C$21.7 Mil from Dec. 2023 to Mar. 2024 .

GreenFirst Forest Products's change in inventory for the fiscal year that ended in Dec. 2023 was C$-3.2 Mil. It means GreenFirst Forest Products's inventory increased by C$3.2 Mil from Dec. 2022 to Dec. 2023 .

GreenFirst Forest Products's Total Inventories for the quarter that ended in Mar. 2024 was C$102.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GreenFirst Forest Products's Days Inventory for the quarter that ended in Mar. 2024 was 86.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. GreenFirst Forest Products's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.06.

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. GreenFirst Forest Products's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.97.

GreenFirst Forest Products Change In Inventory Historical Data

The historical data trend for GreenFirst Forest Products'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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GreenFirst Forest Products Change In Inventory Chart

GreenFirst Forest Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-8.27

-27.57

-3.21

GreenFirst Forest Products Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-37.20	25.50	-0.52	9.00	-21.70

GreenFirst Forest Products 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$12.3 Mil.

GreenFirst Forest Products (TSX:GFP) Change In Inventory Explanation

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

GreenFirst Forest Products's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	89.818	/	95.191	*	365 / 4
	=	86.10

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

GreenFirst Forest Products's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	95.191	/	89.818
	=	1.06

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.

GreenFirst Forest Products's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	89.818	/	93.068
	=	0.97

GreenFirst Forest Products Change In Inventory Related Terms

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GreenFirst Forest Products (TSX:GFP) Business Description

Industry

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

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Traded in Other Exchanges

ICLTF:USA IMT:Germany

Address

401 The West Mall, Suite 1000, Vancouver, BC, CAN, M9C 5J5

Website

https://www.greenfirst.ca

GreenFirst Forest Products Inc is a forest-first business, focused on sustainable forest management and lumber production. The Company operates through two business segments: forest products and paper products. Through its forest products segment, the Company produces and markets a wide range of forest products for use in residential and commercial construction, including SPF lumber, wood chips, and by-products. The Paper Products segment manufactures and sells paper-grade products used in printing newspapers, promotional materials, food service bags, and other related paper products.

Executives

Michael Clark Mitchell

Director

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