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Green Thumb Industries (Green Thumb Industries) Change In Inventory : $2 Mil (TTM As of Mar. 2024)


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What is Green Thumb Industries Change In Inventory?

Green Thumb Industries's change in inventory for the quarter that ended in Mar. 2024 was $-6 Mil. It means Green Thumb Industries's inventory increased by $6 Mil from Dec. 2023 to Mar. 2024 .

Green Thumb Industries's change in inventory for the fiscal year that ended in Dec. 2023 was $3 Mil. It means Green Thumb Industries's inventory declined by $3 Mil from Dec. 2022 to Dec. 2023 .

Green Thumb Industries's Total Inventories for the quarter that ended in Mar. 2024 was $119 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Green Thumb Industries's Days Inventory for the quarter that ended in Mar. 2024 was 80.97.

Inventory Turnover measures how fast the company turns over its inventory within a year. Green Thumb Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.13.

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. Green Thumb Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.42.

Green Thumb Industries Change In Inventory Historical Data

The historical data trend for Green Thumb Industries'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.

Green Thumb Industries Change In Inventory Chart

Green Thumb Industries Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.93 -23.38 -16.44 -19.79 2.62

Green Thumb Industries 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 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 -5.39 -3.70 6.23 5.49 -6.32

Green Thumb Industries 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 $2 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.

Green Thumb Industries  (OTCPK:GTBIF) Change In Inventory Explanation

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

Green Thumb Industries's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=116.1295/130.877*365 / 4
=80.97

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

Green Thumb Industries's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=130.877 / 116.1295
=1.13

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.

Green Thumb Industries's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=116.1295 / 275.806
=0.42

* 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.

Green Thumb Industries Change In Inventory Related Terms

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Green Thumb Industries (Green Thumb Industries) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Green Thumb Industries Inc (OTCPK:GTBIF) » Definitions » Change In Inventory
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Traded in Other Exchanges
R9U2:Germany GTII:Canada
Address
325 West Huron Street, Suite 700, Chicago, IL, USA, 60654
Website
https://www.gtigrows.com
Green Thumb Industries is headquartered in Chicago, Illinois, and produces and sells medicinal and recreational cannabis through wholesale and retail channels in the United States. It has a presence in 15 states and operates roughly 87 cannabis stores under the brand Rise. GTI is focusing its expansion on limited license states with large populations, and it does not currently export into the global medical market due to U.S. federal prohibition. It offers multiple products under a portfolio of cannabis consumer packaged goods brands, including &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles and RYTHM.
Executives
Richard Reisin director 325 W. HURON STREET, SUITE 700, CHICAGO IL 60654
Hannah Scofield Buchan director 660 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10065
Ethan Nadelmann director 325 WEST HURON STREET, SUITE 700, CHICAGO IL 60654
Dawn Wilson Barnes director 325 WEST HURON STREET, SUITE 700, CHICAGO IL 60654
Bret Kravitz officer: GENERAL COUNSEL AND SECRETARY 325 WEST HURON STREET, SUITE 700, CHICAGO IL 60654
Jeffrey H Goldman director 325 W HURON STREET, SUITE 700, CHICAGO IL 60654
Richard A Drexler director 200 S MICHIGAN AVE, SUITE 1300, CHICAGO IL 60604
Dorri Mcwhorter director 6431 OAKTON STREET, C/O LIFEWAY FOODS, INC., MORTON GROVE IL 60053
Swati Mylavarapu director 325 W. HURON ST., SUITE 700, CHICAGO IL 60654
Mathew Faulkner officer: Chief Accounting Officer 325 W. HURON, SUITE 412, CHICAGO IL 60654
Beth Elaine Burk officer: General Counsel 325 WEST HURON STREET, SUITE 412, CHICAGO IL 60654
Benjamin Kovler director, 10 percent owner, officer: Chairman & CEO 325 WEST HURON STREET, SUITE 412, CHICAGO IL 60654
Armen Yemenidjian officer: President 325 WEST HURON STREET, SUITE 412, CHICAGO IL 60654
Jennifer Dooley other: Chief Strategy Officer 325 WEST HURON STREET, SUITE 412, CHICAGO IL 60654
Westley Moore director 325 WEST HURON STREET, SUITE 412, CHICAGO IL 60654