Lowell Farms (XCNQ:LOWL) Change In Inventory : C$7.87 Mil (TTM As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Lowell Farms Change In Inventory?

Lowell Farms's change in inventory for the quarter that ended in Mar. 2024 was C$0.73 Mil. It means Lowell Farms's inventory declined by C$0.73 Mil from Dec. 2023 to Mar. 2024 .

Lowell Farms's change in inventory for the fiscal year that ended in Dec. 2023 was C$8.08 Mil. It means Lowell Farms's inventory declined by C$8.08 Mil from Dec. 2022 to Dec. 2023 .

Lowell Farms's Total Inventories for the quarter that ended in Mar. 2024 was C$5.72 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lowell Farms's Days Inventory for the quarter that ended in Mar. 2024 was 71.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lowell Farms's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.27.

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. Lowell Farms's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.92.

Lowell Farms Change In Inventory Historical Data

The historical data trend for Lowell Farms'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.

* Premium members only.

Lowell Farms Change In Inventory Chart

Lowell Farms Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

2.08

0.62

-0.14

3.48

8.08

Lowell Farms 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															0.95	0.76	0.91	5.47	0.73

Lowell Farms 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$7.87 Mil.

Lowell Farms (XCNQ:LOWL) Change In Inventory Explanation

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

Lowell Farms's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	6.052	/	7.716	*	365 / 4
	=	71.57

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

Lowell Farms's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7.716	/	6.052
	=	1.27

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.

Lowell Farms's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.052	/	6.597
	=	0.92

Lowell Farms Change In Inventory Related Terms

Thank you for viewing the detailed overview of Lowell Farms's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Lowell Farms (XCNQ:LOWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Lowell Farms Inc (XCNQ:LOWL) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

LOWLF:USA

Address

19 Quail Run Circle, Suite B, Salinas, CA, USA, 93907

Website

https://www.lowellfarms.com

Lowell Farms Inc is a California-based vertically-integrated cannabis company with advanced production capabilities supporting every step of the supply chain, including cultivation, extraction, manufacturing, brand sales, marketing, and distribution. The Company's operations are comprised of a single reporting operating segment. Its Brands include Lowell Herb Co. and Lowell Smokes, House Weed, Kaizen, Moon, and Original Pot Company. The company generates revenues from sales of extracts, distillates, branded and packaged cannabis flower, prerolls, concentrates, and edible products to retail licensed dispensaries and bulk flower, biomass and concentrates to licensed manufacturers and distributors in the state of California.

Lowell Farms (XCNQ:LOWL) Headlines

No Headlines