High Tide (TSXV:HITI) Change In Inventory : C$-4.9 Mil (TTM As of Jan. 2025)

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What is High Tide Change In Inventory?

High Tide's change in inventory for the quarter that ended in Jan. 2025 was C$-1.1 Mil. It means High Tide's inventory increased by C$1.1 Mil from Oct. 2024 to Jan. 2025 .

High Tide's change in inventory for the fiscal year that ended in Oct. 2024 was C$-3.3 Mil. It means High Tide's inventory increased by C$3.3 Mil from Oct. 2023 to Oct. 2024 .

High Tide's Total Inventories for the quarter that ended in Jan. 2025 was C$30.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. High Tide's Days Inventory for the quarter that ended in Jan. 2025 was 25.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. High Tide's Inventory Turnover for the quarter that ended in Jan. 2025 was 3.58.

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. High Tide's Inventory-to-Revenue for the quarter that ended in Jan. 2025 was 0.21.

High Tide Change In Inventory Historical Data

The historical data trend for High Tide'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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High Tide Change In Inventory Chart

High Tide Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Change In Inventory

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1.95

-5.50

-2.87

-3.32

High Tide Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Change In Inventory	Get a 7-Day Free Trial															0.53	-2.67	-0.95	-0.23	-1.06

High Tide 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 Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-4.9 Mil.

High Tide (TSXV:HITI) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	29.8675	/	107.021	*	365 / 4
	=	25.47

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

High Tide's Inventory Turnover for the quarter that ended in Jan. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	107.021	/	29.8675
	=	3.58

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.

High Tide's Inventory to Revenue for the quarter that ended in Jan. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	29.8675	/	142.461
	=	0.21

High Tide Change In Inventory Related Terms

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High Tide Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » High Tide Inc (TSXV:HITI) » Definitions » Change In Inventory

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Traded in Other Exchanges

HITI:USA 2LYA:Germany

Address

11127 - 15 Street NE, Unit 112, Calgary, AB, CAN, T3K 2M4

Website

https://www.hightideinc.com

High Tide Inc is a downstream-focused retailer of cannabis products, distributor, and seller of smoking accessories and cannabis lifestyle products. It is a vertically integrated company in the Canadian cannabis market with various brands in its portfolio such as Canna Cabana, Fastendr, Queen of Bud, Grasscity, Daily High Club, Famous Brandz, and others. The company's reportable operating segments are; Bricks and mortar which generates maximum revenue, and E-commerce. Geographically, it derives maximum revenue from its business in Canada followed by the United States of America, and other international markets.

Executives

Aman Sood	Senior Officer
Harkirat Grover	Senior Officer
Christian Sinclair	Director
Nitin Kaushal	Director
Sergio Patino Gomez	Senior Officer
Omar Khan	Senior Officer
Arthur Kwan	Director
Andrea Elliott	Director
Joy Avzar	Senior Officer
Rahim Kanji	Senior Officer