Premium Brands Holdings (TSX:PBH) Change In Inventory : C$-48 Mil (TTM As of Mar. 2024)

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What is Premium Brands Holdings Change In Inventory?

Premium Brands Holdings's change in inventory for the quarter that ended in Mar. 2024 was C$-48 Mil. It means Premium Brands Holdings's inventory increased by C$48 Mil from Dec. 2023 to Mar. 2024 .

Premium Brands Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was C$35 Mil. It means Premium Brands Holdings's inventory declined by C$35 Mil from Dec. 2022 to Dec. 2023 .

Premium Brands Holdings's Total Inventories for the quarter that ended in Mar. 2024 was C$802 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Premium Brands Holdings's Days Inventory for the quarter that ended in Mar. 2024 was 60.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. Premium Brands Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.50.

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. Premium Brands Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.53.

Premium Brands Holdings Change In Inventory Historical Data

The historical data trend for Premium Brands Holdings'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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Premium Brands Holdings Change In Inventory Chart

Premium Brands Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-62.70

-39.20

-153.10

-104.80

35.10

Premium Brands Holdings 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															-43.30	-	-	-	-48.40

Premium Brands Holdings 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$-48 Mil.

Premium Brands Holdings (TSX:PBH) Change In Inventory Explanation

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

Premium Brands Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	774.1	/	1164.1	*	365 / 4
	=	60.68

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

Premium Brands Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1164.1	/	774.1
	=	1.50

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.

Premium Brands Holdings's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	774.1	/	1461.8
	=	0.53

Premium Brands Holdings Change In Inventory Related Terms

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Premium Brands Holdings (TSX:PBH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Premium Brands Holdings Corp (TSX:PBH) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

PRBZF:USA

Address

100 - 10991 Shellbridge Way, Richmond, BC, CAN, V6X 3C6

Website

https://www.premiumbrandsholdings.com

Premium Brands Holdings Corp is engaged in specialty food manufacturing, premium food distribution, and wholesale businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada, and Washington State. The company's business segments include Specialty Foods, Premium Food Distribution, and Corporate. The Specialty Foods segment consists of its specialty food manufacturing businesses, which contributes about two-thirds of the group revenue; the Premium Food Distribution segment consists of the company's distribution and wholesale businesses; the Corporate segment includes the company's head office activities along with its finance and information systems. Its geographical segments are the United States and Canada.

Executives

Douglas Owen Goss

Senior Officer