1606 (CBDW) Inventory Average (2022 - 2024)
1606 (CBDW) posted quarterly Inventory Average of $72769.0 for Q2 2024, down 39.93% YoY from $121138.0 in Q3 2023, and little changed sequentially from $72811.0 in Q1 2024.
1606 (CBDW) Inventory Average (2022 - 2024) Analysis & Trends
1606 has disclosed Inventory Average across 3 years of filings, most recently posting $72769.0 for Q2 2024.
- In Q2 2024, Inventory Average fell 39.93% year-over-year to $72769.0; the TTM figure through Jun 2024 stood at $72769.0 (down 39.93% YoY), while the FY2023 annual figure was $93013.5, up 28.63% from the prior year.
- Inventory Average steadied at $72769.0 in Q2 2024, from $72811.0 in the prior quarter.
- Over the last five years, Inventory Average for CBDW reached as high as $129202.0 in Q3 2023 and fell as low as $31269.0 in Q1 2022.
- The 3-year median for Inventory Average is $102255.2 (2022), against an average of $92043.8.
- Annual changes were most pronounced in 2023 — Inventory Average surged 261.78% — and 2024, when it tumbled 39.93%.
- A 3-year view of Inventory Average shows it stood at $113141.5 in 2022, then declined by 10.71% to $101027.5 in 2023, then retreated by 27.97% to $72769.0 in 2024.
- According to Business Quant data, Inventory Average over the past three periods registered $72769.0, $72811.0, and $101027.5 for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn | 1.11 Bn |
| 2 | RLX Technology | 2.38 Bn | 1.75 Bn | 73.10 Mn | 47.98 Mn |
| 3 | Turning Point Brands | 1.68 Bn | 1.51 Bn | 68.30 Mn | 56.06 Mn |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn | - |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn | 5.26 Mn |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn | 3.83 Mn |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 | - |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 | 531,848.00 |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn | 8.24 Mn |
| 10 | 1606 | 0.00 | -9,041.00 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 72,769.00 |
| Mar 31, 2024 | 72,811.00 |
| Dec 31, 2023 | 101,027.50 |
| Sep 30, 2023 | 129,202.00 |
| Jun 30, 2023 | 121,138.00 |
| Mar 31, 2023 | 113,124.00 |
| Dec 31, 2022 | 113,141.50 |
| Sep 30, 2022 | 103,483.00 |
| Jun 30, 2022 | 62,473.00 |
| Mar 31, 2022 | 31,269.00 |