Days Inventory is also known as Days Sales of Inventory (DSI). American Cannabis Co's Average Total Inventories for the
three
months ended in Sep. 2023 was $0.51 Mil. American Cannabis Co's Cost of Goods Sold for the
three
months ended in Sep. 2023 was $0.35 Mil.
Hence, American Cannabis Co's Days Inventory for the
three
months ended in Sep. 2023 was 133.37.
The historical rank and industry rank for American Cannabis Co's Days Inventory or its related term are showing as below:
AMMJ'
s Days Inventory Range Over the Past 10 Years
Min: 7.09 Med: 24.72 Max: 45.46
Current: 13.81
During the past 13 years, American Cannabis Co's highest Days Inventory was 45.46. The lowest was 7.09. And the median was 24.72.
AMMJ's Days Inventory is ranked better than 63.14% of 681
companies
in the Business Services industry
Industry Median: 29.12
vs AMMJ: 13.81
American Cannabis Co's Days Inventory
increased
from Sep. 2022 (15.46) to Sep. 2023 (133.37).
It might indicate that American Cannabis Co'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.
American Cannabis Co's Inventory Turnover for the
three
months ended in Sep. 2023 was 0.68.
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.
American Cannabis Co's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 0.86.
American Cannabis Co Days Inventory Historical Data
The historical data trend for American Cannabis Co'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 American Cannabis Co's Days Inventory
For the Consulting Services subindustry, American Cannabis Co'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.
American Cannabis Co's Days Inventory Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, American Cannabis Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where American Cannabis Co's Days Inventory falls into.
American Cannabis Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
American Cannabis Co's Days Inventory for the fiscal year that ended in Dec. 2022 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.
American Cannabis Co (OTCPK:AMMJ) 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.
American Cannabis Co's Inventory Turnover for the
three
months ended in Sep. 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.
American Cannabis Co's Inventory to Revenue for the
three
months ended in Sep. 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.
American Cannabis Co Days Inventory Related Terms
Thank you for viewing the detailed overview of American Cannabis Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
American Cannabis Co (American Cannabis Co) Business Description
American Cannabis Co Inc is engaged in the cannabis industry in states and countries where cannabis is regulated and/or has been decriminalized for medical use and/or legalized for recreational use. It provides advisory and consulting services specific to this industry, designs industry-specific products and facilities, and manages a strategic group partnership that offers both exclusive and non-exclusive customer products commonly used in the industry. It also is a licensed operator of three medical cannabis dispensaries and a cannabis cultivation facility in Colorado Springs, CO.
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