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MMNFQ (MedMen Enterprises) Days Inventory : 91.87 (As of Mar. 2023)


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What is MedMen Enterprises Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MedMen Enterprises's Average Total Inventories for the three months ended in Mar. 2023 was $14.2 Mil. MedMen Enterprises's Cost of Goods Sold for the three months ended in Mar. 2023 was $14.1 Mil. Hence, MedMen Enterprises's Days Inventory for the three months ended in Mar. 2023 was 91.87.

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

MMNFQ's Days Inventory is not ranked *
in the Drug Manufacturers industry.
Industry Median: 155.82
* Ranked among companies with meaningful Days Inventory only.

MedMen Enterprises's Days Inventory increased from Mar. 2022 (82.62) to Mar. 2023 (91.87). It might indicate that MedMen Enterprises's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. MedMen Enterprises's Inventory Turnover for the three months ended in Mar. 2023 was 0.99.

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. MedMen Enterprises's Inventory-to-Revenue for the three months ended in Mar. 2023 was 0.52.


MedMen Enterprises Days Inventory Historical Data

The historical data trend for MedMen Enterprises'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.

MedMen Enterprises Days Inventory Chart

MedMen Enterprises Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.60 89.82 84.29 93.62 66.82

MedMen Enterprises Quarterly Data
Apr18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 82.62 62.36 57.46 71.71 91.87

Competitive Comparison of MedMen Enterprises's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, MedMen Enterprises'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.


MedMen Enterprises's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where MedMen Enterprises's Days Inventory falls into.



MedMen Enterprises Days Inventory Calculation

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

MedMen Enterprises's Days Inventory for the fiscal year that ended in Jun. 2022 is calculated as

Days Inventory (A: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2021 ) + Total Inventories (A: Jun. 2022 )) / count ) / Cost of Goods Sold (A: Jun. 2022 )*Days in Period
=( (16.014 + 10.011) / 2 ) / 71.085*365
=13.0125 / 71.085*365
=66.82

MedMen Enterprises's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (13.675 + 14.669) / 2 ) / 14.077*365 / 4
=14.172 / 14.077*365 / 4
=91.87

* 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.


MedMen Enterprises  (OTCPK:MMNFQ) 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.

MedMen Enterprises's Inventory Turnover for the three months ended in Mar. 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.

MedMen Enterprises's Inventory to Revenue for the three months ended in Mar. 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.


MedMen Enterprises Days Inventory Related Terms

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


MedMen Enterprises Business Description

Traded in Other Exchanges
N/A
Address
10115 Jefferson Boulevard, Culver City, CA, USA, 90232
MedMen Enterprises Inc formerly known as Ladera Ventures Corp is the preeminent cannabis company with multiple assets and operations in California, Nevada, and New York, which combined account for nearly half of North America's addressable legal market. The company owns and operates licensed cannabis facilities in cultivation, manufacturing, and retail.