Days Inventory is also known as Days Sales of Inventory (DSI). Vibe Growth's Average Total Inventories for the
three
months ended in Dec. 2023 was C$4.51 Mil. Vibe Growth's Cost of Goods Sold for the
three
months ended in Dec. 2023 was C$3.66 Mil.
Hence, Vibe Growth's Days Inventory for the
three
months ended in Dec. 2023 was 112.62.
The historical rank and industry rank for Vibe Growth's Days Inventory or its related term are showing as below:
XCNQ:VIBE'
s Days Inventory Range Over the Past 10 Years
Min: 31.91 Med: 57.69 Max: 115.6
Current: 114.53
During the past 12 years, Vibe Growth's highest Days Inventory was 115.60. The lowest was 31.91. And the median was 57.69.
XCNQ:VIBE's Days Inventory is ranked better than 69.79% of 970
companies
in the Drug Manufacturers industry
Industry Median: 158.365
vs XCNQ:VIBE: 114.53
Vibe Growth's Days Inventory
increased
from Dec. 2022 (93.49) to Dec. 2023 (112.62).
It might indicate that Vibe Growth's sales slowed down.
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.
Vibe Growth's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.81.
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.
Vibe Growth's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.10.
Vibe Growth Days Inventory Historical Data
The historical data trend for Vibe Growth'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 Vibe Growth's Days Inventory
For the Drug Manufacturers - Specialty & Generic subindustry, Vibe Growth'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.
Vibe Growth's Days Inventory Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Vibe Growth's Days Inventory distribution charts can be found below:
* The bar in red indicates where Vibe Growth's Days Inventory falls into.
Vibe Growth Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Vibe Growth'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.
Vibe Growth (XCNQ:VIBE) 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.
Vibe Growth'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.
Vibe Growth'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.
Vibe Growth Days Inventory Related Terms
Thank you for viewing the detailed overview of Vibe Growth's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Vibe Growth Corp is engaged in evaluation, acquiring and developing cannabis cultivation, distribution and manufacturing assets and retail cannabis dispensaries, predominantly in the U.S., in order to become a vertically integrated cannabis operator. The Company currently operates five dispensaries, one distribution and two cultivation operations in the State of California plus one dispensary in Portland, Oregon.
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