1933 Industries (XCNQ:TGIF) Change In Inventory : C$2.32 Mil (TTM As of Jan. 2024)

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What is 1933 Industries Change In Inventory?

1933 Industries's change in inventory for the quarter that ended in Jan. 2024 was C$-0.18 Mil. It means 1933 Industries's inventory increased by C$0.18 Mil from Oct. 2023 to Jan. 2024 .

1933 Industries's change in inventory for the fiscal year that ended in Jul. 2023 was C$3.68 Mil. It means 1933 Industries's inventory declined by C$3.68 Mil from Jul. 2022 to Jul. 2023 .

1933 Industries's Total Inventories for the quarter that ended in Jan. 2024 was C$2.74 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. 1933 Industries's Days Inventory for the quarter that ended in Jan. 2024 was 83.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. 1933 Industries's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.10.

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. 1933 Industries's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.64.

1933 Industries Change In Inventory Historical Data

The historical data trend for 1933 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.

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1933 Industries Change In Inventory Chart

1933 Industries Annual Data

Trend

Dec14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Change In Inventory

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-0.42

-1.24

-0.99

-3.48

3.68

1933 Industries 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															-0.97	-0.77	6.13	-2.87	-0.18

1933 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2.32 Mil.

1933 Industries (XCNQ:TGIF) Change In Inventory Explanation

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

1933 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
	=	3.039	/	3.34	*	365 / 4
	=	83.03

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

1933 Industries's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.34	/	3.039
	=	1.10

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.

1933 Industries's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.039	/	4.745
	=	0.64

1933 Industries Change In Inventory Related Terms

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1933 Industries (XCNQ:TGIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » 1933 Industries Inc (XCNQ:TGIF) » Definitions » Change In Inventory

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Traded in Other Exchanges

TGIFF:USA

Address

1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9

Website

https://www.1933industries.com

1933 Industries Inc is a vertically integrated cannabis company. The company is focused on the cultivation and manufacturing of cannabis consumer-branded goods. The Company operates in three segments, referred to as AMA, Infused MFG, and Corporate. AMA is focused on the cultivation and sale of medical and adult-use cannabis products, and Infused MFG is focused on the manufacturing of hemp-derived CBD products. The majority of revenue is generated from the AMA segment. The operations of AMA and Infused MFG are located in the United States. All revenues are earned in the United States.

Executives

Curtis Floyd

Director