Gnomestar Craft (Gnomestar Craft) Change In Inventory : $-0.05 Mil (TTM As of Dec. 2021)

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What is Gnomestar Craft Change In Inventory?

Gnomestar Craft's change in inventory for the quarter that ended in Dec. 2021 was $0.02 Mil. It means Gnomestar Craft's inventory declined by $0.02 Mil from Sep. 2021 to Dec. 2021 .

Gnomestar Craft's change in inventory for the fiscal year that ended in Mar. 2021 was $-0.15 Mil. It means Gnomestar Craft's inventory increased by $0.15 Mil from Mar. 2020 to Mar. 2021 .

Gnomestar Craft's Total Inventories for the quarter that ended in Dec. 2021 was $0.15 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gnomestar Craft's Days Inventory for the quarter that ended in Dec. 2021 was 213.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gnomestar Craft's Inventory Turnover for the quarter that ended in Dec. 2021 was 0.43.

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. Gnomestar Craft's Inventory-to-Revenue for the quarter that ended in Dec. 2021 was 20.81.

Gnomestar Craft Change In Inventory Historical Data

The historical data trend for Gnomestar Craft'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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Gnomestar Craft Change In Inventory Chart

Gnomestar Craft Annual Data

Trend

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Mar21

Change In Inventory

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-0.15

Gnomestar Craft Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Change In Inventory	Get a 7-Day Free Trial															-	-	-0.10	0.03	0.02

Gnomestar Craft 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 Dec. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.05 Mil.

Gnomestar Craft (OTCPK:VDQSF) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.1665	/	0.071	*	365 / 4
	=	213.99

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

Gnomestar Craft's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.071	/	0.1665
	=	0.43

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.

Gnomestar Craft's Inventory to Revenue for the quarter that ended in Dec. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.1665	/	0.008
	=	20.81

Gnomestar Craft Change In Inventory Related Terms

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Gnomestar Craft (Gnomestar Craft) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Gnomestar Craft Inc (OTCPK:VDQSF) » Definitions » Change In Inventory

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Address

8778 River Road, Delta, BC, CAN, V4G 1B5

Website

https://gnomestarcannabis.com

Gnomestar Craft Inc, formerly Vodis Pharmaceuticals Inc is engaged in the manufacturing of craft cannabis. The company's facility is situated in Delta, British Columbia, Canada. The business operates in one segment being the marijuana industry, and all assets are located in Canada.The firm sells certain cannabis products for medical and recreational use to certain companies in Canada who are licensed for cultivation, processing and sell dried cannabis products.

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