Planet Based Foods Global (XCNQ:PBF) Change In Inventory : C$0.14 Mil (TTM As of Sep. 2023)

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What is Planet Based Foods Global Change In Inventory?

Planet Based Foods Global's change in inventory for the quarter that ended in Sep. 2023 was C$0.04 Mil. It means Planet Based Foods Global's inventory declined by C$0.04 Mil from Jun. 2023 to Sep. 2023 .

Planet Based Foods Global's change in inventory for the fiscal year that ended in Dec. 2022 was C$-0.38 Mil. It means Planet Based Foods Global's inventory increased by C$0.38 Mil from Dec. 2021 to Dec. 2022 .

Planet Based Foods Global's Total Inventories for the quarter that ended in Sep. 2023 was C$0.39 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Planet Based Foods Global's Days Inventory for the quarter that ended in Sep. 2023 was 297.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Planet Based Foods Global's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.31.

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. Planet Based Foods Global's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 5.28.

Planet Based Foods Global Change In Inventory Historical Data

The historical data trend for Planet Based Foods Global'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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Planet Based Foods Global Change In Inventory Chart

Planet Based Foods Global Annual Data

Trend

Dec21

Dec22

Change In Inventory

-0.20

-0.38

Planet Based Foods Global Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Inventory	Get a 7-Day Free Trial			-0.02	-0.06	0.07	0.09	0.04

Planet Based Foods Global 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.14 Mil.

Planet Based Foods Global (XCNQ:PBF) Change In Inventory Explanation

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

Planet Based Foods Global's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.401	/	0.123	*	365 / 4
	=	297.49

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

Planet Based Foods Global's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.123	/	0.401
	=	0.31

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.

Planet Based Foods Global's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.401	/	0.076
	=	5.28

Planet Based Foods Global Change In Inventory Related Terms

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Planet Based Foods Global (XCNQ:PBF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Planet Based Foods Global Inc (XCNQ:PBF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

PBFFF:USA AZ00:Germany

Address

1055 West Hastings Street, Suite 2250, Vancouver, BC, CAN, V6E 2E9

Website

https://www.planetbasedfoods.com

Planet Based Foods Global Inc is focused on producing natural, low processed, and nutritional choices that are better for people and the planet. The Company currently offers vegan meat alternatives derived from hemp proteins including burgers, breakfast sausages, burger crumbles, and sausage crumbles.