Days Inventory is also known as Days Sales of Inventory (DSI). Fire & Flower Holdings's Average Total Inventories for the
three
months ended in Mar. 2023 was $9.3 Mil. Fire & Flower Holdings's Cost of Goods Sold for the
three
months ended in Mar. 2023 was $22.4 Mil.
Hence, Fire & Flower Holdings's Days Inventory for the
three
months ended in Mar. 2023 was 37.71.
The historical rank and industry rank for Fire & Flower Holdings's Days Inventory or its related term are showing as below:
FFLWF's Days Inventory is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 32.305 * Ranked among companies with meaningful Days Inventory only.
Fire & Flower Holdings's Days Inventory
declined
from Jan. 2022 (39.41) to Mar. 2023 (39.12).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Fire & Flower Holdings's Inventory Turnover for the
three
months ended in Mar. 2023 was 2.42.
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.
Fire & Flower Holdings's Inventory-to-Revenue for the
three
months ended in Mar. 2023 was 0.29.
Fire & Flower Holdings Days Inventory Historical Data
The historical data trend for Fire & Flower 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.
For the Pharmaceutical Retailers subindustry, Fire & Flower 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.
Fire & Flower Holdings Days Inventory Distribution
For the Healthcare Providers & Services industry and Healthcare sector, Fire & Flower Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where Fire & Flower Holdings's Days Inventory falls into.
Fire & Flower Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Fire & Flower Holdings's Days Inventory for the fiscal year that ended in Jan. 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.
Fire & Flower Holdings (OTCPK:FFLWF) 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.
Fire & Flower Holdings's Inventory Turnover for the
three
months ended in Mar. 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.
Fire & Flower Holdings's Inventory to Revenue for the
three
months ended in Mar. 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.
Fire & Flower Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of Fire & Flower Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Fire & Flower Holdings (Fire & Flower Holdings) Business Description
Fire & Flower Holdings Corp is an independent adult-use cannabis retailer focused on the Canadian market and international expansion opportunities. The company guides consumers through the complex world of cannabis through education-focused, retailing while the Hifyrea digital platform connects consumers with cannabis products. The company has three reportable segments namely, Retail segment, Wholesale and Logistics segment, and Digital Platform. Majority of the revenue is earned from Retail segment.
Fire & Flower Holdings (Fire & Flower Holdings) Headlines
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