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Planet Green Holdings (Planet Green Holdings) Change In Inventory : $1.62 Mil (TTM As of Mar. 2024)


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What is Planet Green Holdings Change In Inventory?

Planet Green Holdings's change in inventory for the quarter that ended in Mar. 2024 was $-0.27 Mil. It means Planet Green Holdings's inventory increased by $0.27 Mil from Dec. 2023 to Mar. 2024 .

Planet Green Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was $2.14 Mil. It means Planet Green Holdings's inventory declined by $2.14 Mil from Dec. 2022 to Dec. 2023 .

Planet Green Holdings's Total Inventories for the quarter that ended in Mar. 2024 was $2.22 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Planet Green Holdings's Days Inventory for the quarter that ended in Mar. 2024 was 163.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Planet Green Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.56.

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. Planet Green Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.36.

Planet Green Holdings Change In Inventory Historical Data

The historical data trend for Planet Green Holdings'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.

Planet Green Holdings Change In Inventory Chart

Planet Green Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.43 -0.30 -1.33 - 2.14

Planet Green Holdings 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 0.25 0.11 -1.43 3.21 -0.27

Planet Green Holdings 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 $1.62 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.

Planet Green Holdings  (AMEX:PLAG) Change In Inventory Explanation

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

Planet Green Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=2.0885/1.168*365 / 4
=163.16

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1.168 / 2.0885
=0.56

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=2.0885 / 1.531
=1.36

* 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.

Planet Green Holdings Change In Inventory Related Terms

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Planet Green Holdings (Planet Green Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Planet Green Holdings Corp (AMEX:PLAG) » Definitions » Change In Inventory
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ZHYBF NAII RGF ATPC CTGL PAVS HOJI UMEWF NCRA PETZ XSWX:NESN KHC XPAR:BN GIS NSE:NESTLEIND SHSE:603288 SZSE:300999 SHSE:600887 LSE:ABF BIMBOA
Traded in Other Exchanges
N/A
Address
130-30 31st Avenue, Suite 512, Flushing, NY, USA, 11354
Website
https://www.planetgreenholdings.com
Planet Green Holdings Corp is a diversified technology and consumer products company with a presence in North America and China engaged in Chemical Products, Tea Products, and Online Advertising Services. The company operates in three segments namely to grow, produce and distribute Cyan brick tea, black tea, and green tea in China; to research, develop, manufacture, and sell chemical products including formaldehyde, urea formaldehyde adhesive, methylal, ethanol fuel, fuel additives and clean fuel in China; and to develop and operate a demand-side platform which empowers buyers of advertising to manage and optimize their digital advertising across different real-time bidding networks in North America and China.
Executives
Xiangtian Aerodynamic Electricity Ltd. 10 percent owner FLOOR 18, DONGHOU TOWER, AIGUO ROAD, LUOHU DISTRICT, SHENZHEN F4 518128
Bin Zhou director SUITE 901 BUILDING 6 NO. 1678, JINSHAJIANG ROAD, PUTUO DISTRICT F4 200000
Yang Cao director 9841 WASHINGTONIAN BLVD, SUITE 200, GAITHERSBURG MD 20878
King Fai Leung director SUITE 901, BUILDING 6, NO. 1678, JINSHAJIANG ROAD, PUTUO DISTRICT, SHANGHAI F4 200333
Lili Hu officer: Chief Financial Officer BEIHUANZHONG ROAD JUNAN COUNTY, SHANDONG F4 276600
Daqi Cui officer: Chief Operating Officer BEIHUANZHONG ROAD JUNAN COUNTY, SHANDONG F4 276600
Chao Chen director SUITE 901 BLDG 6 NO 1678, JINSHAJIANG ROAD, SHANGHAI F4 100006
Hongxiang Yu director, officer: CEO BEIHUANZHONG ROAD JUNAN COUNTY, SHANDONG F4 276600
Yimin Jin director, officer: Chief Strategy Officer BEIHUANZHONG JUNAN COURT, SHANDONG F4 276600
Yu Li officer: CFO BEIHUANZHONG ROAD, JUNAN COURT, SHANDONG F4 276600
Yilei Shao director BEIHUANZHONG ROAD JUNAN COURT, SHANDONG F4 276600
Yuguo Zhang director BEIHUANZHONG ROAD JUNAN COUNTY, SHANDONG F4 276600
Guangming Fang director BEIHUANZHONG ROAD JUNAN COURT, SHANDONG F4 276600
Fw 10 percent owner PALMENGARTENSTRASSE, 5-9, FRANKFURT AM MAIN 2M 60325
Deg - Deutsche Investitions- Und Entwicklungsgesellschaft Mbh 10 percent owner KAMMERGASSE 22, KOLN 2M 50676