Pure Harvestorate Group (Pure Harvestorate Group) Change In Inventory : $0.18 Mil (TTM As of Mar. 2022)

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What is Pure Harvestorate Group Change In Inventory?

Pure Harvestorate Group's change in inventory for the quarter that ended in Mar. 2022 was $-0.01 Mil. It means Pure Harvestorate Group's inventory increased by $0.01 Mil from Dec. 2021 to Mar. 2022 .

Pure Harvestorate Group's change in inventory for the fiscal year that ended in Dec. 2021 was $0.05 Mil. It means Pure Harvestorate Group's inventory declined by $0.05 Mil from Dec. 2020 to Dec. 2021 .

Pure Harvestorate Group's Total Inventories for the quarter that ended in Mar. 2022 was $1.01 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Pure Harvestorate Group's Inventory Turnover for the quarter that ended in Mar. 2022 was -0.09.

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. Pure Harvestorate Group's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 2.37.

Pure Harvestorate Group Change In Inventory Historical Data

The historical data trend for Pure Harvestorate Group'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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Pure Harvestorate Group Change In Inventory Chart

Pure Harvestorate Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Inventory

-0.01

-0.13

0.05

Pure Harvestorate Group Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Change In Inventory	Get a 7-Day Free Trial													-0.14	0.10	-	0.09	-0.01

Pure Harvestorate Group 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.18 Mil.

Pure Harvestorate Group (OTCPK:PHCG) Change In Inventory Explanation

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

Pure Harvestorate Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.0025	/	-0.093	*	365 / 4
	=	N/A

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

Pure Harvestorate Group's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	-0.093	/	1.0025
	=	-0.09

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.

Pure Harvestorate Group's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.0025	/	0.423
	=	2.37

Pure Harvestorate Group Change In Inventory Related Terms

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Pure Harvestorate Group (Pure Harvestorate Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Pure Harvest Corporate Group Inc (OTCPK:PHCG) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

8879 Forest Drive, Littleton, CO, USA, 80126

Website

https://www.pureharvestgroup.com

The Pure Harvest Corporate Group, Inc. (OTCQB: PHCG) is a publicly-traded holding company focused on emerging and high-growth industries. The PHCG team is committed to formulating, manufacturing, and distributing high-quality cannabis and hemp-derived cannabinoid consumer products in markets where it is legal to do so. The Company has developed numerous retail brands and product lines that are currently available for purchase in select markets. Pure Harvest intends to grow its cannabis, hemp-derived cannabinoids, and Test Kitchen operations and expand globally as the laws regarding cannabis are reviewed and rewritten to repeal their prohibition.