Days Inventory is also known as Days Sales of Inventory (DSI). Gold Flora's Average Total Inventories for the
three
months ended in Dec. 2023 was $16.80 Mil. Gold Flora's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $15.22 Mil.
Hence, Gold Flora's Days Inventory for the
three
months ended in Dec. 2023 was 100.74.
The historical rank and industry rank for Gold Flora's Days Inventory or its related term are showing as below:
GRAM'
s Days Inventory Range Over the Past 10 Years
Min: 57.12 Med: 69.58 Max: 140.61
Current: 140.61
During the past 2 years, Gold Flora's highest Days Inventory was 140.61. The lowest was 57.12. And the median was 69.58.
GRAM's Days Inventory is ranked worse than 54.9% of 51
companies
in the Tobacco Products industry
Industry Median: 126.03
vs GRAM: 140.61
Gold Flora's Days Inventory
increased
from . 20 (0.00) to Dec. 2023 (100.74).
It might indicate that Gold Flora's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Gold Flora's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.91.
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.
Gold Flora's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.59.
Gold Flora Days Inventory Historical Data
The historical data trend for Gold Flora'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.
Gold Flora Days Inventory Chart
Gold Flora Annual Data
Trend
Dec22
Dec23
Days Inventory
57.12
81.72
Gold Flora Quarterly Data
Sep22
Dec22
Sep23
Dec23
Days Inventory
-
59.72
50.95
100.74
Competitive Comparison of Gold Flora's Days Inventory
For the Tobacco subindustry, Gold Flora'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.
Gold Flora's Days Inventory Distribution in the Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Gold Flora's Days Inventory distribution charts can be found below:
* The bar in red indicates where Gold Flora's Days Inventory falls into.
Gold Flora Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Gold Flora's Days Inventory for the fiscal year that ended in Dec. 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.
Gold Flora (OTCPK:GRAM) 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.
Gold Flora's Inventory Turnover for the
three
months ended in Dec. 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.
Gold Flora's Inventory to Revenue for the
three
months ended in Dec. 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.
Gold Flora Days Inventory Related Terms
Thank you for viewing the detailed overview of Gold Flora's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Gold Flora Corp is one of the few cannabis brands that is vertically integrated and woman-owned and operated. Gold Flora started with a mission to provide an easy and consistent way for consumers to enjoy cannabis. After years of hard work and a shared passion for the plant, Gold Flora has become a California powerhouse - with cultivation, manufacturing, extraction, distribution, retail and a portfolio of brands that create an array of superior products that make a difference in people's lives. Its products include disposable vape pens and gold flora flowers.
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