Greenlane Renewables (TSX:GRN) Change In Inventory : C$-0.77 Mil (TTM As of Mar. 2024)

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What is Greenlane Renewables Change In Inventory?

Greenlane Renewables's change in inventory for the quarter that ended in Mar. 2024 was C$0.05 Mil. It means Greenlane Renewables's inventory declined by C$0.05 Mil from Dec. 2023 to Mar. 2024 .

Greenlane Renewables's change in inventory for the fiscal year that ended in Dec. 2023 was C$-0.92 Mil. It means Greenlane Renewables's inventory increased by C$0.92 Mil from Dec. 2022 to Dec. 2023 .

Greenlane Renewables's Total Inventories for the quarter that ended in Mar. 2024 was C$1.73 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Greenlane Renewables's Days Inventory for the quarter that ended in Mar. 2024 was 12.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Greenlane Renewables's Inventory Turnover for the quarter that ended in Mar. 2024 was 7.14.

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. Greenlane Renewables's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.10.

Greenlane Renewables Change In Inventory Historical Data

The historical data trend for Greenlane Renewables'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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Greenlane Renewables Change In Inventory Chart

Greenlane Renewables Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.84

-0.18

-0.92

Greenlane Renewables 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															-0.11	-0.97	-0.42	0.57	0.05

Greenlane Renewables 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 C$-0.77 Mil.

Greenlane Renewables (TSX:GRN) Change In Inventory Explanation

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

Greenlane Renewables's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.8955	/	13.543	*	365 / 4
	=	12.77

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

Greenlane Renewables's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13.543	/	1.8955
	=	7.14

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.

Greenlane Renewables's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.8955	/	18.129
	=	0.10

Greenlane Renewables Change In Inventory Related Terms

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Greenlane Renewables (TSX:GRN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Greenlane Renewables Inc (TSX:GRN) » Definitions » Change In Inventory

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Traded in Other Exchanges

GRNWF:USA 52G:Germany

Address

3605 Gilmore Way, Suite 110, Burnaby, BC, CAN, V5G 4X5

Website

https://www.greenlanerenewables.com

Greenlane Renewables Inc is a provider of biogas upgrading systems. Its systems produce clean, renewable natural gas from organic waste sources, including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as vehicle fuel. The company generates revenue in the form of System sales and Aftercare services. The company has its geographic presence in Canada, Europe and United States and Others.

Executives

Candice Alderson

Director