Blueberries Medical (Blueberries Medical) Days Inventory : 222.42 (As of Sep. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Blueberries Medical Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Blueberries Medical's Average Total Inventories for the three months ended in Sep. 2023 was $0.12 Mil. Blueberries Medical's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.05 Mil. Hence, Blueberries Medical's Days Inventory for the three months ended in Sep. 2023 was 222.42.

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

BBRRF' s Days Inventory Range Over the Past 10 Years
Min: 17.31 Med: 17.31 Max: 168.94
Current: 168.94

During the past 10 years, Blueberries Medical's highest Days Inventory was 168.94. The lowest was 17.31. And the median was 17.31.

BBRRF's Days Inventory is ranked worse than
54.27% of 973 companies
in the Drug Manufacturers industry
Industry Median: 157.9 vs BBRRF: 168.94

Blueberries Medical's Days Inventory increased from Sep. 2022 (13.33) to Sep. 2023 (222.42). It might indicate that Blueberries Medical'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. Blueberries Medical's Inventory Turnover for the three months ended in Sep. 2023 was 0.41.

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. Blueberries Medical's Inventory-to-Revenue for the three months ended in Sep. 2023 was 1.92.

Blueberries Medical Days Inventory Historical Data

The historical data trend for Blueberries Medical'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.

Blueberries Medical Days Inventory Chart

Blueberries Medical Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Days Inventory

Get a 7-Day Free Trial

17.66

Blueberries Medical Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															13.33	-	37.90	255.83	222.42

Competitive Comparison of Blueberries Medical's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Blueberries Medical'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.

Blueberries Medical's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Blueberries Medical's Days Inventory falls into.

Blueberries Medical Days Inventory Calculation

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

Blueberries Medical's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0	+	0.009)	/	1 )	/	0.186	*	365
=	0.009					/	0.186	*	365
=	17.66

Blueberries Medical's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.112	+	0.122)	/	2 )	/	0.048	*	365 / 4
=	0.117					/	0.048	*	365 / 4
=	222.42

Blueberries Medical (OTCPK:BBRRF) 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.

Blueberries Medical's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.048	/	0.117
	=	0.41

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.

Blueberries Medical's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.117	/	0.061
	=	1.92

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.

Blueberries Medical Days Inventory Related Terms

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

Blueberries Medical (Blueberries Medical) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Blueberries Medical Corp (OTCPK:BBRRF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

1OA:Germany BBM:Canada

Address

8500 West Georgia Street, Suite 2200, Vancouve, BC, CAN, V6C 3E8

Website

https://www.blueberriesmed.com

Blueberries Medical Corp is a licensed producer of psychoactive and non-psychoactive cannabis by-products in Colombia. It cultivates, produces, and distributes cannabidiol (CBD) and THC (tetrahydrocannabinol) based medical cannabis domestically as well as internationally. It generates all of its revenues from Colombia.