What is Medicine Man Technologies Inventory-to-Revenue?
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. Medicine Man Technologies's Average Total Inventories for the quarter that ended in Mar. 2024 was $26.1 Mil. Medicine Man Technologies's Revenue for the
three
months ended in Mar. 2024 was $41.6 Mil.
Medicine Man Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.63.
Medicine Man Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.68) to Dec. 2023 (0.63)
A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Medicine Man Technologies's Days Inventory for the
three
months ended in Mar. 2024 was 100.57.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Medicine Man Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.91.
Medicine Man Technologies Inventory-to-Revenue Historical Data
* 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.
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Medicine Man Technologies Inventory-to-Revenue Chart
Competitive Comparison of Medicine Man Technologies's Inventory-to-Revenue
For the Drug Manufacturers - Specialty & Generic subindustry, Medicine Man Technologies's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.
Medicine Man Technologies's Inventory-to-Revenue Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Medicine Man Technologies's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Medicine Man Technologies's Inventory-to-Revenue falls into.
Medicine Man Technologies Inventory-to-Revenue Calculation
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.
Medicine Man Technologies's Inventory-to-Revenue 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.
Medicine Man Technologies (OTCPK:SHWZ) Inventory-to-Revenue Explanation
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Medicine Man Technologies's Days Inventory for the
three
months ended in Mar. 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.
Medicine Man Technologies Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Medicine Man Technologies's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Medicine Man Technologies (Medicine Man Technologies) Business Description
Medicine Man Technologies Inc is engaged in providing general consulting services in the cannabis industry. The company also provide seminar which includes giving guidance and tips on industry opportunities, medical and recreational market trends, cultivation methodologies and technology, extraction technology, dispensary operation, security requirements. The company's operating segment includes- Retail, consisting of retail locations for sale of cannabis products; Wholesale, consisting of manufacturing, cultivation and sale of both wholesale cannabis and non-cannabis products; Other, consisting of all other income and expenses. It generates maximum revenue from the Retail segment. The company is now operating under its new trade name, Schwazze.
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