ABVEF (Above Food Ingredients) Days Inventory: (As of Mar. 2024)

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ABVEF Above Food Ingredients Inc ABVEF
16 GF Score
Price $0.04
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What is Above Food Ingredients Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Above Food Ingredients's Average Total Inventories for the three months ended in Mar. 2024 was $0.00 Mil. Above Food Ingredients's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil.

The historical rank and industry rank for Above Food Ingredients's Days Inventory or its related term are showing as below:

ABVEF's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 82.66
* Ranked among companies with meaningful Days Inventory only.

Above Food Ingredients's Days Inventory stayed the same from Mar. 2023 () to Mar. 2024 ().

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

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.

Above Food Ingredients  (OTCPK:ABVEF) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Above Food Ingredients's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0 / 0
=

2. 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.

Above Food Ingredients's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 0
=

* 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.

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Above Food Ingredients Days Inventory Related Terms

Above Food Ingredients Days Inventory Historical Data

* Premium members only.

The historical data trend for Above Food Ingredients's Days 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.

Above Food Ingredients Days Inventory Chart

Above Food Ingredients Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
- - - -

Above Food Ingredients Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

ABVEF vs CTGL, NATR, BHST: Days Inventory Comparison

For the Packaged Foods subindustry, Above Food Ingredients's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Above Food Ingredients Days Inventory vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Above Food Ingredients's Days Inventory distribution charts can be found below:

* The bar in red indicates where Above Food Ingredients's Days Inventory falls into.


ABVEF
16GF Score
Above Food Ingredients Inc ABVEF
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Above Food Ingredients Days Inventory Calculation

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

Above Food Ingredients's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Above Food Ingredients's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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.

Above Food Ingredients Business Description

Address 2305 Victoria Avenue, Saskatchewan, Regina, SK, CAN, S4P0S7
Above Food Ingredients Inc is a differentiated, regenerative ingredient company. Its products are made with real nutritious, flavorful ingredients and delivered with transparency. Its vision is to create a healthier world one seed, one field, and one bite at a time. With a robust chain of custody of plant proteins, enabled by scaled operations and infrastructure in primary agriculture and processing, and proprietary seed development capabilities that leverage the power of artificial intelligence driven genomics. The company delivers nutritious foods to businesses and consumers with traceability and sustainability. Above Food's consumer products and brands are available in grocers across Canada and the United States.
16GF Score

Get the complete analysis for ABVEF

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.04
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