Cannabis Strategic Ventures (Cannabis Strategic Ventures) Days Inventory : 109.51 (As of Jun. 2020)

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What is Cannabis Strategic Ventures Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cannabis Strategic Ventures's Average Total Inventories for the three months ended in Jun. 2020 was $2.97 Mil. Cannabis Strategic Ventures's Cost of Goods Sold for the three months ended in Jun. 2020 was $2.48 Mil. Hence, Cannabis Strategic Ventures's Days Inventory for the three months ended in Jun. 2020 was 109.51.

The historical rank and industry rank for Cannabis Strategic Ventures's Days Inventory or its related term are showing as below:

NUGS's Days Inventory is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 157.9
* Ranked among companies with meaningful Days Inventory only.

Cannabis Strategic Ventures's Days Inventory declined from Jun. 2019 (218.21) to Jun. 2020 (109.51).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cannabis Strategic Ventures's Inventory Turnover for the three months ended in Jun. 2020 was 0.83.

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. Cannabis Strategic Ventures's Inventory-to-Revenue for the three months ended in Jun. 2020 was 0.88.

Cannabis Strategic Ventures Days Inventory Historical Data

The historical data trend for Cannabis Strategic Ventures'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.

Cannabis Strategic Ventures Days Inventory Chart

Cannabis Strategic Ventures Annual Data

Trend

Dec13

Dec14

Mar16

Mar17

Mar18

Mar19

Mar20

Days Inventory

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578.01

Cannabis Strategic Ventures Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Days Inventory	Get a 7-Day Free Trial															218.21	117.44	155.90	631.15	109.51

Competitive Comparison of Cannabis Strategic Ventures's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Cannabis Strategic Ventures'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.

Cannabis Strategic Ventures's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Cannabis Strategic Ventures's Days Inventory falls into.

Cannabis Strategic Ventures Days Inventory Calculation

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

Cannabis Strategic Ventures's Days Inventory for the fiscal year that ended in Mar. 2020 is calculated as

	Days Inventory (A: Mar. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2019 )	+	Total Inventories (A: Mar. 2020 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2020 )	*	Days in Period
=	( (0	+	2.993)	/	1 )	/	1.89	*	365
=	2.993					/	1.89	*	365
=	578.01

Cannabis Strategic Ventures's Days Inventory for the quarter that ended in Jun. 2020 is calculated as:

	Days Inventory (Q: Jun. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2020 )	+	Total Inventories (Q: Jun. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2020 )	*	Days in Period
=	( (2.993	+	2.955)	/	2 )	/	2.478	*	365 / 4
=	2.974					/	2.478	*	365 / 4
=	109.51

Cannabis Strategic Ventures (OTCPK:NUGS) 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.

Cannabis Strategic Ventures's Inventory Turnover for the three months ended in Jun. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.478	/	2.974
	=	0.83

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.

Cannabis Strategic Ventures's Inventory to Revenue for the three months ended in Jun. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.974	/	3.373
	=	0.88

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.

Cannabis Strategic Ventures Days Inventory Related Terms

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

Cannabis Strategic Ventures (Cannabis Strategic Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Cannabis Strategic Ventures (OTCPK:NUGS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

9350 Wilshire Boulevard, Suite 203, Beverly Hills, CA, USA, 90212

Website

https://www.cannabisstrategic.com

Cannabis Strategic Ventures focuses on the medical and legal recreational cannabis sector. It provides temporary, permanent, and long-term staffing solutions, employment and human resources consulting to the legal Cannabis sector.

Executives

Gordon Samson	director, officer: Chief Financial Officer	9595 WILSHIRE BLVD., SUITE 900 BEVERLY HILLS CA 90212
Dane Brown	director, officer: VP, Corporate Development	9595 WILSHIRE BOULEVARD, SUITE 900 BEVERLY HILLS CA 90212
Christopher G Foster	director, officer: CFO, Secretary & Treasurer	5151 E. BROADWAY, SUITE 1600, TUCSON AZ 85711
Robert Hoegler	director, 10 percent owner, officer: President	#604 7040 GRANVILLE AVENUE RICHMOND A1 V6Y 3W5
Floyd Flaman	director, 10 percent owner, officer: SECRETARY/TREASURER	5621 52ND STREET DELTA A1 V4K 2C7
Scott Marshall	director, 10 percent owner, officer: President	2435 WEST 7TH AVENUE VANCOUVER A1 00000