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Vertical Peak Holdings (Vertical Peak Holdings) Days Inventory : 431.34 (As of Apr. 2023)


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What is Vertical Peak Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vertical Peak Holdings's Average Total Inventories for the three months ended in Apr. 2023 was $2.06 Mil. Vertical Peak Holdings's Cost of Goods Sold for the three months ended in Apr. 2023 was $0.44 Mil. Hence, Vertical Peak Holdings's Days Inventory for the three months ended in Apr. 2023 was 431.34.

The historical rank and industry rank for Vertical Peak Holdings's Days Inventory or its related term are showing as below:

SPLIF's Days Inventory is not ranked *
in the Drug Manufacturers industry.
Industry Median: 158.805
* Ranked among companies with meaningful Days Inventory only.

Vertical Peak Holdings's Days Inventory declined from Apr. 2022 (1,269.51) to Apr. 2023 (431.34).

Inventory Turnover measures how fast the company turns over its inventory within a year. Vertical Peak Holdings's Inventory Turnover for the three months ended in Apr. 2023 was 0.21.

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. Vertical Peak Holdings's Inventory-to-Revenue for the three months ended in Apr. 2023 was 1.17.


Vertical Peak Holdings Days Inventory Historical Data

The historical data trend for Vertical Peak Holdings'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.

* Premium members only.

Vertical Peak Holdings Days Inventory Chart

Vertical Peak Holdings Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.46 38.80 39,766.75 1,148.85 100.46

Vertical Peak Holdings Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,269.51 109.32 173.65 124.36 431.34

Competitive Comparison of Vertical Peak Holdings's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Vertical Peak Holdings'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.


Vertical Peak Holdings's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Vertical Peak Holdings's Days Inventory falls into.



Vertical Peak Holdings Days Inventory Calculation

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

Vertical Peak Holdings's Days Inventory for the fiscal year that ended in Jul. 2022 is calculated as

Days Inventory (A: Jul. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jul. 2021 ) + Total Inventories (A: Jul. 2022 )) / count ) / Cost of Goods Sold (A: Jul. 2022 )*Days in Period
=( (0.161 + 1.967) / 2 ) / 3.866*365
=1.064 / 3.866*365
=100.46

Vertical Peak Holdings's Days Inventory for the quarter that ended in Apr. 2023 is calculated as:

Days Inventory (Q: Apr. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jan. 2023 ) + Total Inventories (Q: Apr. 2023 )) / count ) / Cost of Goods Sold (Q: Apr. 2023 )*Days in Period
=( (1.865 + 2.257) / 2 ) / 0.436*365 / 4
=2.061 / 0.436*365 / 4
=431.34

* 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.


Vertical Peak Holdings  (OTCPK:SPLIF) 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.

Vertical Peak Holdings's Inventory Turnover for the three months ended in Apr. 2023 is calculated as

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.

Vertical Peak Holdings's Inventory to Revenue for the three months ended in Apr. 2023 is calculated as

* 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.


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.


Vertical Peak Holdings Days Inventory Related Terms

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


Vertical Peak Holdings (Vertical Peak Holdings) Business Description

Traded in Other Exchanges
N/A
Address
77 King Street West, Suite 2905, P.O. Box 121, Toronto, ON, CAN, M5K 1H1
Vertical Peak Holdings Inc is focused on developing and manufacturing branded products in the cannabis industry with a specific focus on flower, pre-rolls, vapes, edibles and oil extracts for medical and adult recreational use. Vertical Peak operates and controls licenses in California, which include manufacturing, retail and cultivation operations in California. Vertical Peak's main portfolio includes the OutCo and Thrive brands that it acquired in 2021 pursuant to the acquisition of the business of OutCo.