Pangea Natural Foods (XCNQ:PNGA) Change In Inventory : C$0.02 Mil (TTM As of Jan. 2024)

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What is Pangea Natural Foods Change In Inventory?

Pangea Natural Foods's change in inventory for the quarter that ended in Jan. 2024 was C$-0.00 Mil. It means Pangea Natural Foods's inventory increased by C$0.00 Mil from Oct. 2023 to Jan. 2024 .

Pangea Natural Foods's change in inventory for the fiscal year that ended in Oct. 2023 was C$-0.02 Mil. It means Pangea Natural Foods's inventory increased by C$0.02 Mil from Oct. 2022 to Oct. 2023 .

Pangea Natural Foods's Total Inventories for the quarter that ended in Jan. 2024 was C$0.06 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pangea Natural Foods's Days Inventory for the quarter that ended in Jan. 2024 was 782.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pangea Natural Foods's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.12.

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. Pangea Natural Foods's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 7.50.

Pangea Natural Foods Change In Inventory Historical Data

The historical data trend for Pangea Natural Foods'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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Pangea Natural Foods Change In Inventory Chart

Pangea Natural Foods Annual Data

Trend

Oct21

Oct22

Oct23

Change In Inventory

-0.08

-0.02

Pangea Natural Foods Quarterly Data
	Oct21	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Inventory	Get a 7-Day Free Trial				-0.04	0.01	0.01	-	-

Pangea Natural Foods 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.02 Mil.

Pangea Natural Foods (XCNQ:PNGA) Change In Inventory Explanation

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

Pangea Natural Foods's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.06	/	0.007	*	365 / 4
	=	782.14

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

Pangea Natural Foods's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.007	/	0.06
	=	0.12

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.

Pangea Natural Foods's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.06	/	0.008
	=	7.50

Pangea Natural Foods Change In Inventory Related Terms

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Pangea Natural Foods (XCNQ:PNGA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pangea Natural Foods Inc (XCNQ:PNGA) » Definitions » Change In Inventory

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Traded in Other Exchanges

PNGAF:USA

Address

8035 - 130th Street, Surrey, BC, CAN, V3W 0H7

Website

https://www.pangeafood.com

Pangea Natural Foods Inc engages in the production and sale of plant-based patties. Pangea manufactures the plant-based patties at the Facility in the Vancouver lower mainland and sells the patties through multiple distribution channels including online sales platforms and retailers. The Company currently has one reportable operating segment, the manufacturing and distribution of food products in Canada.

Pangea Natural Foods (XCNQ:PNGA) Headlines

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