FIFG (First Foods Group) Inventories, Inventories Adjustments: $-0.04 Mil (As of Sep. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is First Foods Group Inventories, Inventories Adjustments?

First Foods Group FIFG -99.50% Inventories, Inventories Adjustments is $-0.04 Mil as of Sep. 2023.

First Foods Group's Inventories, Inventories Adjustments for the quarter that ended in Sep. 2023 was $-0.04 Mil.

First Foods Group's quarterly Inventories, Inventories Adjustments stayed the same from Mar. 2023 ($-0.04 Mil) to Jun. 2023 ($-0.04 Mil) and stayed the same from Jun. 2023 ($-0.04 Mil) to Sep. 2023 ($-0.04 Mil).

First Foods Group's annual Inventories, Inventories Adjustments stayed the same from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($0.00 Mil) but then declined from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($-0.04 Mil).

First Foods Group Inventories, Inventories Adjustments Historical Data

* Premium members only.

The historical data trend for First Foods Group's Inventories, Inventories Adjustments 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.

First Foods Group Inventories, Inventories Adjustments Chart

First Foods Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventories, Inventories Adjustments
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 -0.04

First Foods Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Inventories, Inventories Adjustments 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 -0.02 -0.04 -0.04 -0.04 -0.04

First Foods Group Inventories, Inventories Adjustments Calculation

Inventories, Inventories Adjustments represents certain charges made in the current period in inventory resulting from breakage, spoilage, employee theft and shoplifting, etc.

What does a Inventories, Inventories Adjustments of $-0.04 Mil mean?
First Foods Group (FIFG) has a Inventories, Inventories Adjustments of $-0.04 Mil as of Sep. 2023. Inventories, Inventories Adjustments is certain charges made in the current period in inventory resulting from breakage, spoilage, etc. View historical data on First Foods Group and its competitors.
Is First Foods Group's Inventories, Inventories Adjustments too high?
First Foods Group's current Inventories, Inventories Adjustments is $-0.04 Mil.
How does First Foods Group's Inventories, Inventories Adjustments compare to BLIS and JFIL?
First Foods Group's Inventories, Inventories Adjustments of $-0.04 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Inventories Adjustments for a Business Services company?
A good Inventories, Inventories Adjustments depends on the Business Services industry context. However, Inventories, Inventories Adjustments 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 Inventories, Inventories Adjustments mean?
A high Inventories, Inventories Adjustments can signal that a stock is expensive relative to its fundamentals. Inventories, Inventories Adjustments is certain charges made in the current period in inventory resulting from breakage, spoilage, etc. View historical data on First Foods Group and its competitors. First Foods Group's current Inventories, Inventories Adjustments is $-0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Foods Group stock overvalued right now?
First Foods Group (FIFG) has a current Inventories, Inventories Adjustments of $-0.04 Mil. The current Inventories, Inventories Adjustments is $-0.04 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Inventories Adjustments calculated?
Inventories, Inventories Adjustments is calculated from a company's financial statements. For First Foods Group (FIFG), the current Inventories, Inventories Adjustments is $-0.04 Mil as of Sep. 2023. 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.

First Foods Group Business Description

Address c/o Incorp Services, Inc, 3773 Howard Hughes Parkway, Suite 500S, Las Vegas, NV, USA, 89169-6014
First Foods Group Inc is a smaller reporting company focused on developing specialty chocolate product line and related IP through its Holy Cacao subsidiary. In addition, it is also involved in merchant cash advance participations. Key revenue is derived from merchant cash advance income. It is also involved in new health-related brands, concepts and products through FFGI Wholesaling Division and participating in merchant cash advances through First Foods Funding Division. The Company conducts business as two operating segments, First Foods and Holy Cacao.