Rocky Mountain Liquor (TSXV:RUM) Change In Inventory : C$0.53 Mil (TTM As of Dec. 2023)

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What is Rocky Mountain Liquor Change In Inventory?

Rocky Mountain Liquor's change in inventory for the quarter that ended in Dec. 2023 was C$0.58 Mil. It means Rocky Mountain Liquor's inventory declined by C$0.58 Mil from Sep. 2023 to Dec. 2023 .

Rocky Mountain Liquor's change in inventory for the fiscal year that ended in Dec. 2023 was C$0.53 Mil. It means Rocky Mountain Liquor's inventory declined by C$0.53 Mil from Dec. 2022 to Dec. 2023 .

Rocky Mountain Liquor's Total Inventories for the quarter that ended in Dec. 2023 was C$4.13 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rocky Mountain Liquor's Days Inventory for the quarter that ended in Dec. 2023 was 45.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rocky Mountain Liquor's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.00.

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. Rocky Mountain Liquor's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.40.

Rocky Mountain Liquor Change In Inventory Historical Data

The historical data trend for Rocky Mountain Liquor'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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Rocky Mountain Liquor Change In Inventory Chart

Rocky Mountain Liquor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.37

0.22

-0.15

0.30

0.53

Rocky Mountain Liquor Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															0.70	-0.51	-0.14	0.60	0.58

Rocky Mountain Liquor 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.53 Mil.

Rocky Mountain Liquor (TSXV:RUM) Change In Inventory Explanation

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

Rocky Mountain Liquor's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4.4135	/	8.821	*	365 / 4
	=	45.66

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

Rocky Mountain Liquor's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.821	/	4.4135
	=	2.00

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.

Rocky Mountain Liquor's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.4135	/	11.115
	=	0.40

Rocky Mountain Liquor Change In Inventory Related Terms

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Rocky Mountain Liquor (TSXV:RUM) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rocky Mountain Liquor Inc (TSXV:RUM) » Definitions » Change In Inventory

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Address

11478, 149 Street, Edmonton, AB, CAN, T5M 1W7

Website

https://www.ruminvestor.com

Rocky Mountain Liquor Inc, through its subsidiary, owns and operates liquor stores in Canada. The company offers a product mix including beer, wine, spirits, ready-to-drink products, as well as ancillary items such as juice, ice, soft drinks, and giftware. It has retail liquor stores located in Alberta.

Executives