General Enterprise Ventures (General Enterprise Ventures) Change In Inventory : $-0.07 Mil (TTM As of Mar. 2024)

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What is General Enterprise Ventures Change In Inventory?

General Enterprise Ventures's change in inventory for the quarter that ended in Mar. 2024 was $0.04 Mil. It means General Enterprise Ventures's inventory declined by $0.04 Mil from Dec. 2023 to Mar. 2024 .

General Enterprise Ventures's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.10 Mil. It means General Enterprise Ventures's inventory increased by $0.10 Mil from Dec. 2022 to Dec. 2023 .

General Enterprise Ventures's Total Inventories for the quarter that ended in Mar. 2024 was $0.19 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. General Enterprise Ventures's Days Inventory for the quarter that ended in Mar. 2024 was 212.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. General Enterprise Ventures's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.43.

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. General Enterprise Ventures's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.48.

General Enterprise Ventures Change In Inventory Historical Data

The historical data trend for General Enterprise Ventures'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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General Enterprise Ventures Change In Inventory Chart

General Enterprise Ventures Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.12

-0.10

General Enterprise Ventures 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															0.01	-	-0.07	-0.05	0.04

General Enterprise Ventures 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 $-0.07 Mil.

General Enterprise Ventures (OTCPK:GEVI) Change In Inventory Explanation

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

General Enterprise Ventures's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.2095	/	0.09	*	365 / 4
	=	212.41

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

General Enterprise Ventures's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.09	/	0.2095
	=	0.43

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.

General Enterprise Ventures's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.2095	/	0.433
	=	0.48

General Enterprise Ventures Change In Inventory Related Terms

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General Enterprise Ventures (General Enterprise Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » General Enterprise Ventures Inc (OTCPK:GEVI) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1740H Del Range Bloulevard, Suite 166, Cheyenne, WY, USA, 82009

Website

https://www.generalenterpriseventures.com

General Enterprise Ventures Inc is a fully integrated technology company structured to provide mergers and acquisitions of new and available technology. Through Its services, it incubates first-to-market products and helps existing companies accelerate their product development within all regulatory requirements. The company focuses on its wholly-owned subsidiary Mighty Fire Breaker LLC. Its revenues currently consist of products used for lumber products for fire prevention.

Executives

Robert L Priddy	10 percent owner	9955 AIRTRAN BLVD., *, ORLANDO FL 32827
Michael Falk	10 percent owner	830 THIRD AVENUE, 4TH FLOOR, NEW YORK NY 10017
Comvest Capital, Llc	10 percent owner	ONE NORTH CLEMATIS STREET, SUITE 300, WEST PALM BEACH FL 33401
Comvest Group Holdings, Llc	10 percent owner	ONE NORTH CLEMANTIS STREET, SUITE 300, WEST PALM BEACH FL 33401
Comvest Capital Management Llc	10 percent owner	ONE NORTH CLEMATIS STREET, SUITE 300, WEST PALM BEACH FL 33401
Cvc California Llc	10 percent owner	ONE NORTH CLEMATIS STREET, SUITE 300, WEST PALM BEACH FL 33401
James P Stapleton	director
Brett Maxwell Clark	officer: Chief Financial Officer	3191 TEMPLE AVE., POMONA CA 91768
John A Brunkow	director	3191 TEMPLE STE 250, POMONA, CA 91768
Cobbs Cabell F Ii	officer: Chief Financial Officer	3191 TEMPLE AVE., SUITE 250, POMONA CA 91768
Timothy J Koziol	officer: CEO	3191 TEMPLE AVE, SUITE 250, POMONA CA 91768
Rhodes Clyde E Jr	officer: Secretary	3191 TEMPLE AVE, SUITE 250, POMONA CA 91768