American Green (American Green) Days Inventory : 11.81 (As of Jun. 2023)

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What is American Green Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). American Green's Average Total Inventories for the six months ended in Jun. 2023 was $0.03 Mil. American Green's Cost of Goods Sold for the six months ended in Jun. 2023 was $0.99 Mil. Hence, American Green's Days Inventory for the six months ended in Jun. 2023 was 5.90.

The historical rank and industry rank for American Green's Days Inventory or its related term are showing as below:

ERBB' s Days Inventory Range Over the Past 10 Years
Min: 11.81 Med: 11.81 Max: 11.81
Current: 11.81

During the past 2 years, American Green's highest Days Inventory was 11.81. The lowest was 11.81. And the median was 11.81.

ERBB's Days Inventory is ranked better than
98.97% of 974 companies
in the Drug Manufacturers industry
Industry Median: 158.355 vs ERBB: 11.81

American Green's Days Inventory increased from . 20 (0.00) to Jun. 2023 (11.81). It might indicate that American Green's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. American Green's Inventory Turnover for the six months ended in Jun. 2023 was 30.91.

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. American Green's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.01.

American Green Days Inventory Historical Data

The historical data trend for American Green's Days 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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American Green Days Inventory Chart

American Green Annual Data

Trend

Jun22

Jun23

Days Inventory

11.81

American Green Semi-Annual Data
	Jun22	Jun23
Days Inventory	-	11.81

Competitive Comparison of American Green's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, American Green's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

American Green's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, American Green's Days Inventory distribution charts can be found below:

* The bar in red indicates where American Green's Days Inventory falls into.

American Green Days Inventory Calculation

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

American Green's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0	+	0.032)	/	1 )	/	0.989	*	365
=	0.032					/	0.989	*	365
=	11.81

American Green's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0	+	0.032)	/	1 )	/	0.989	*	365 / 2
=	0.032					/	0.989	*	365 / 2
=	5.90

American Green (OTCPK:ERBB) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

American Green's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.989	/	0.032
	=	30.91

2. 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.

American Green's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.032	/	3.793
	=	0.01

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

American Green Days Inventory Related Terms

Thank you for viewing the detailed overview of American Green's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

American Green (American Green) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » American Green Inc (OTCPK:ERBB) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 N Gould Street, Suite R, Sheridan, WY, USA, 82801

Website

https://www.americangreen.com

American Green Inc is a technology company in the medical cannabis industry. It is involved in the business of developing a cultivation facility in Phoenix Arizona for medical marijuana and also owns proprietary dispensing machines and all rights to a line of health supplements.