TTCFQ (Tattooed Chef) Change In Inventory: $-1.3 Mil (TTM As of Mar. 2023)

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TTCFQ Tattooed Chef Inc TTCFQ
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What is Tattooed Chef Change In Inventory?

Tattooed Chef TTCFQ -99.00% 12 Change In Inventory is $-1.3 Mil as of Mar. 2023. GuruFocus rates TTCFQ with a GF Score™ of 12/100.

Tattooed Chef's change in inventory for the quarter that ended in Mar. 2023 was $18.6 Mil. It means Tattooed Chef's inventory declined by $18.6 Mil from Dec. 2022 to Mar. 2023 .

Tattooed Chef's change in inventory for the fiscal year that ended in Dec. 2022 was $-23.4 Mil. It means Tattooed Chef's inventory increased by $23.4 Mil from Dec. 2021 to Dec. 2022 .

Tattooed Chef's Total Inventories for the quarter that ended in Mar. 2023 was $59.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tattooed Chef's Days Inventory for the quarter that ended in Mar. 2023 was 99.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tattooed Chef's Inventory Turnover for the quarter that ended in Mar. 2023 was 0.92.

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. Tattooed Chef's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 1.16.


Tattooed Chef  (OTCPK:TTCFQ) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=68.658/63.239*365 / 4
=99.07

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

Tattooed Chef's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

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.

Tattooed Chef's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

* 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.


Tattooed Chef Change In Inventory Related Terms


Tattooed Chef Change In Inventory Historical Data

* Premium members only.

The historical data trend for Tattooed Chef'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.

Tattooed Chef Change In Inventory Chart

Tattooed Chef Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Change In Inventory
-7.11 -21.98 -10.15 -23.37

Tattooed Chef Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.45 -3.29 -15.02 -1.61 18.58
TTCFQ
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Tattooed Chef Inc TTCFQ
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Tattooed Chef 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.3 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-1.3 Mil mean?
Tattooed Chef (TTCFQ) has a Change In Inventory of $-1.3 Mil as of Mar. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Tattooed Chef and its competitors.
Is Tattooed Chef's Change In Inventory too high?
Tattooed Chef's current Change In Inventory is $-1.3 Mil. Overall, Tattooed Chef has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Tattooed Chef's Change In Inventory compare to KHC and GIS?
Tattooed Chef's Change In Inventory of $-1.3 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Consumer Packaged Goods company?
A good Change In Inventory depends on the Consumer Packaged Goods industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Tattooed Chef and its competitors. Tattooed Chef's current Change In Inventory is $-1.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tattooed Chef stock overvalued right now?
Tattooed Chef (TTCFQ) has a current Change In Inventory of $-1.3 Mil. The current Change In Inventory is $-1.3 Mil. Tattooed Chef's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Tattooed Chef (TTCFQ), the current Change In Inventory is $-1.3 Mil as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tattooed Chef Business Description

Address 6305 Alondra Boulevard, Paramount, CA, USA, 90723
Tattooed Chef Inc is a plant-based food company offering a broad portfolio of frozen foods. The company supplies plant-based products to retailers in the United States, with signature products such as ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls, cauliflower crust pizza, wood fire-crusted pizza, handheld burritos, bars, and quesadillas.
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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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