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OrganiGram Holdings (OrganiGram Holdings) Days Inventory : 249.10 (As of Dec. 2023)


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What is OrganiGram Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). OrganiGram Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $60.55 Mil. OrganiGram Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $22.18 Mil. Hence, OrganiGram Holdings's Days Inventory for the three months ended in Dec. 2023 was 249.10.

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

OGI' s Days Inventory Range Over the Past 10 Years
Min: 204.58   Med: 246.12   Max: 1925.22
Current: 315.97

During the past 10 years, OrganiGram Holdings's highest Days Inventory was 1925.22. The lowest was 204.58. And the median was 246.12.

OGI's Days Inventory is ranked worse than
85.82% of 973 companies
in the Drug Manufacturers industry
Industry Median: 157.9 vs OGI: 315.97

OrganiGram Holdings's Days Inventory increased from Aug. 2022 (188.64) to Dec. 2023 (249.10). It might indicate that OrganiGram Holdings'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. OrganiGram Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 0.37.

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. OrganiGram Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.23.


OrganiGram Holdings Days Inventory Historical Data

The historical data trend for OrganiGram Holdings'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.

OrganiGram Holdings Days Inventory Chart

OrganiGram Holdings Annual Data
Trend Apr12 Apr13 Apr14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 242.16 - 1,027.05 235.86 198.78

OrganiGram Holdings Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Dec23
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 188.64 371.74 270.22 208.03 249.10

Competitive Comparison of OrganiGram Holdings's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, OrganiGram Holdings'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.


OrganiGram Holdings's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where OrganiGram Holdings's Days Inventory falls into.



OrganiGram Holdings Days Inventory Calculation

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

OrganiGram Holdings's Days Inventory for the fiscal year that ended in Aug. 2021 is calculated as

Days Inventory (A: Aug. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2020 ) + Total Inventories (A: Aug. 2021 )) / count ) / Cost of Goods Sold (A: Aug. 2021 )*Days in Period
=( (54.244 + 38.748) / 2 ) / 85.374*365
=46.496 / 85.374*365
=198.78

OrganiGram Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: May. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (60.54 + 60.55) / 2 ) / 22.179*365 / 4
=60.545 / 22.179*365 / 4
=249.10

* 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.


OrganiGram Holdings  (NAS:OGI) 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.

OrganiGram Holdings'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.

OrganiGram Holdings'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.


OrganiGram Holdings Days Inventory Related Terms

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


OrganiGram Holdings (OrganiGram Holdings) Business Description

Traded in Other Exchanges
Address
145 King Street West, Suite 1400, Toronto, ON, CAN, M5H 1J8
OrganiGram Holdings Inc is engaged in producing indoor-grown cannabis for patients and adult recreational consumers in Canada. The company has also developed a portfolio of adult-use recreational cannabis brands including Edison, Big Bag o' Buds, SHRED, Monjour, Holy Mountain, and Trailblazer. Tremblant Cannabis, and artisanal craft brand, Laurentian are recent additions to Organigram's existing brand portfolio.