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GPO Plus (GPO Plus) Change In Inventory : $0.16 Mil (TTM As of Jan. 2024)


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What is GPO Plus Change In Inventory?

GPO Plus's change in inventory for the quarter that ended in Jan. 2024 was $0.38 Mil. It means GPO Plus's inventory declined by $0.38 Mil from Oct. 2023 to Jan. 2024 .

GPO Plus's change in inventory for the fiscal year that ended in Apr. 2023 was $-0.16 Mil. It means GPO Plus's inventory increased by $0.16 Mil from Apr. 2022 to Apr. 2023 .

GPO Plus's Total Inventories for the quarter that ended in Jan. 2024 was $0.42 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GPO Plus's Days Inventory for the quarter that ended in Jan. 2024 was 32.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. GPO Plus's Inventory Turnover for the quarter that ended in Jan. 2024 was 2.77.

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. GPO Plus's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.31.


GPO Plus Change In Inventory Historical Data

The historical data trend for GPO Plus'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.

* Premium members only.

GPO Plus Change In Inventory Chart

GPO Plus Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Change In Inventory
Get a 7-Day Free Trial - - - - -0.16

GPO Plus Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Change In Inventory 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 0.01 -0.13 -0.09 - 0.38

GPO Plus 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 $0.16 Mil.

* 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.


GPO Plus  (OTCPK:GPOX) Change In Inventory Explanation

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

GPO Plus's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.3355/0.929*365 / 4
=32.95

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

GPO Plus's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

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.

GPO Plus's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

* 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.


GPO Plus Change In Inventory Related Terms

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GPO Plus (GPO Plus) Business Description

Traded in Other Exchanges
N/A
Address
3571 E. Sunset Road, Suite 300, Las Vegas, NV, USA, 89120
GPO Plus Inc is a fully reporting global holding company of industry-specific Group Purchasing Organizations (GPO). The company's main holdings are HealthGPO, a Group Purchasing Organization for the Healthcare industry, and cbdGPO, a Group Purchasing Organization for the CBD and Hemp industry. In addition, GPOPlus+ offers professional services through GPOPRO Services. The Company's business is organized around four key areas which are products (developing and manufacturing), distribution (getting our products to customers), marketing (promoting our products), and sales (selling our products to consumers and retailers).