Days Inventory is also known as Days Sales of Inventory (DSI). Body and Mind's Average Total Inventories for the
three
months ended in Jan. 2024 was C$1.87 Mil. Body and Mind's Cost of Goods Sold for the
three
months ended in Jan. 2024 was C$3.23 Mil.
Hence, Body and Mind's Days Inventory for the
three
months ended in Jan. 2024 was 52.94.
The historical rank and industry rank for Body and Mind's Days Inventory or its related term are showing as below:
XCNQ:BAMM'
s Days Inventory Range Over the Past 10 Years
Min: 59.27 Med: 112.05 Max: 285.97
Current: 68.46
During the past 13 years, Body and Mind's highest Days Inventory was 285.97. The lowest was 59.27. And the median was 112.05.
XCNQ:BAMM's Days Inventory is ranked better than 87.64% of 971
companies
in the Drug Manufacturers industry
Industry Median: 158.38
vs XCNQ:BAMM: 68.46
Body and Mind's Days Inventory
declined
from Jan. 2023 (104.85) to Jan. 2024 (52.94).
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Body and Mind's Inventory Turnover for the
three
months ended in Jan. 2024 was 1.72.
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.
Body and Mind's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 0.32.
Body and Mind Days Inventory Historical Data
The historical data trend for Body and Mind'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.
Competitive Comparison of Body and Mind's Days Inventory
For the Drug Manufacturers - Specialty & Generic subindustry, Body and Mind'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.
Body and Mind's Days Inventory Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Body and Mind's Days Inventory distribution charts can be found below:
* The bar in red indicates where Body and Mind's Days Inventory falls into.
Body and Mind Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Body and Mind's Days Inventory for the fiscal year that ended in Jul. 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.
Body and Mind (XCNQ:BAMM) 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.
Body and Mind's Inventory Turnover for the
three
months ended in Jan. 2024 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.
Body and Mind's Inventory to Revenue for the
three
months ended in Jan. 2024 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.
Body and Mind Days Inventory Related Terms
Thank you for viewing the detailed overview of Body and Mind's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Body and Mind Inc is a multi-state cannabis operator, which has retail, distribution, cultivation, and/or processing operations in Nevada, California, Arkansas, Ohio and Illinois. It has developed the marquis lifestyle Body and Mind brand in Nevada with penetration into dispensaries and has expanded its brand and products to dispensaries in California. The Body and Mind brand appeals to a wide range of cannabis consumers with products including flowers, oils, extracts (wax, live resin, ambrosia), and edibles. The Company Operates in Three segments; Wholesale, Retail, and All others. The Majority of revenue is derived from the Retail segment.
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