Sustainable Green Team (Sustainable Green Team) Change In Inventory : $-30.18 Mil (TTM As of Mar. 2024)

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What is Sustainable Green Team Change In Inventory?

Sustainable Green Team's change in inventory for the quarter that ended in Mar. 2024 was $-10.81 Mil. It means Sustainable Green Team's inventory increased by $10.81 Mil from Dec. 2023 to Mar. 2024 .

Sustainable Green Team's change in inventory for the fiscal year that ended in Dec. 2023 was $-20.23 Mil. It means Sustainable Green Team's inventory increased by $20.23 Mil from Dec. 2022 to Dec. 2023 .

Sustainable Green Team's Total Inventories for the quarter that ended in Mar. 2024 was $49.69 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sustainable Green Team's Days Inventory for the quarter that ended in Mar. 2024 was 4,373.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sustainable Green Team's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.02.

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. Sustainable Green Team's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 73.08.

Sustainable Green Team Change In Inventory Historical Data

The historical data trend for Sustainable Green Team'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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Sustainable Green Team Change In Inventory Chart

Sustainable Green Team Annual Data

Trend

Dec21

Dec22

Dec23

Change In Inventory

2.22

-5.68

-20.23

Sustainable Green Team Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial					-0.85	1.02	-16.39	-4.01	-10.81

Sustainable Green Team 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 $-30.18 Mil.

Sustainable Green Team (OTCPK:SGTM) Change In Inventory Explanation

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

Sustainable Green Team's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	44.286	/	0.924	*	365 / 4
	=	4,373.48

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.924	/	44.286
	=	0.02

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	44.286	/	0.606
	=	73.08

Sustainable Green Team Change In Inventory Related Terms

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Sustainable Green Team (Sustainable Green Team) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Sustainable Green Team Ltd (OTCPK:SGTM) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

24200 County RD 561, Astatula, FL, USA, 34705

Website

https://www.thesustainablegreenteam.com

Sustainable Green Team Ltd, along with its subsidiaries, is engaged in mulch manufacturing. It acquires wood-based, feedstock, and other natural materials used for its mulch products. The company provides tree services, debris hauling, and removal, biomass recycling, mulch manufacturing, packaging, and sales. Its customers include governmental, residential, commercial customers, and retailers.