WDKA (Panache Beverage) Change In Inventory: $-0.63 Mil (TTM As of Jun. 2014)


What is Panache Beverage Change In Inventory?

Panache Beverage WDKA Change In Inventory is $-0.63 Mil as of Jun. 2014.

Panache Beverage's change in inventory for the quarter that ended in Jun. 2014 was $-0.00 Mil. It means Panache Beverage's inventory increased by $0.00 Mil from Mar. 2014 to Jun. 2014 .

Panache Beverage's change in inventory for the fiscal year that ended in Dec. 2013 was $-0.94 Mil. It means Panache Beverage's inventory increased by $0.94 Mil from Dec. 2012 to Dec. 2013 .

Panache Beverage's Total Inventories for the quarter that ended in Jun. 2014 was $0.88 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Panache Beverage's Days Inventory for the quarter that ended in Jun. 2014 was 163.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Panache Beverage's Inventory Turnover for the quarter that ended in Jun. 2014 was 0.56.

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. Panache Beverage's Inventory-to-Revenue for the quarter that ended in Jun. 2014 was 1.34.

Panache Beverage  (OTCPK:WDKA) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.878/0.491*365 / 4
=163.17

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

Panache Beverage's Inventory Turnover for the quarter that ended in Jun. 2014 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.491 / 0.878
=0.56

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.

Panache Beverage's Inventory to Revenue for the quarter that ended in Jun. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.878 / 0.656
=1.34

* 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.

Panache Beverage Change In Inventory Related Terms

Panache Beverage Change In Inventory Historical Data

* Premium members only.

The historical data trend for Panache Beverage'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.

Panache Beverage Change In Inventory Chart

Panache Beverage Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Change In Inventory
Get a 7-Day Free Trial 0.00 0.20 0.05 -0.05 -0.94

Panache Beverage Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.16 -0.61 -0.27 0.25 -0.00

Panache Beverage 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 Jun. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.63 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 $-0.63 Mil mean?
Panache Beverage (WDKA) has a Change In Inventory of $-0.63 Mil as of Jun. 2014. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Panache Beverage and its competitors.
Is Panache Beverage's Change In Inventory too high?
Panache Beverage's current Change In Inventory is $-0.63 Mil.
How does Panache Beverage's Change In Inventory compare to CMHZ and BORNY?
Panache Beverage's Change In Inventory of $-0.63 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Change In Inventory depends on the Beverages - Alcoholic 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 Panache Beverage and its competitors. Panache Beverage's current Change In Inventory is $-0.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panache Beverage stock overvalued right now?
Panache Beverage (WDKA) has a current Change In Inventory of $-0.63 Mil. The current Change In Inventory is $-0.63 Mil. 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 Panache Beverage (WDKA), the current Change In Inventory is $-0.63 Mil as of Jun. 2014. 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.

Panache Beverage Business Description

Address 150 Fifth Avenue, 3rd Floor, New York, NY, USA, 10011
Panache Beverage Inc operates in the beverages industry in the United States. The company is engaged in the manufacturing of vodka.