TerrAscend (TSX:TSND) Days Inventory : 127.26 (As of Mar. 2025)

View and export this data going back to 2017. Start your Free Trial

What is TerrAscend Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TerrAscend's Average Total Inventories for the three months ended in Mar. 2025 was C$68.5 Mil. TerrAscend's Cost of Goods Sold for the three months ended in Mar. 2025 was C$49.1 Mil. Hence, TerrAscend's Days Inventory for the three months ended in Mar. 2025 was 127.26.

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

TSX:TSND' s Days Inventory Range Over the Past 10 Years
Min: 93.43 Med: 114.16 Max: 357.45
Current: 120.5

During the past 9 years, TerrAscend's highest Days Inventory was 357.45. The lowest was 93.43. And the median was 114.16.

TSX:TSND's Days Inventory is ranked better than
70.49% of 915 companies
in the Drug Manufacturers industry
Industry Median: 161.52 vs TSX:TSND: 120.50

TerrAscend's Days Inventory increased from Mar. 2024 (109.35) to Mar. 2025 (127.26). It might indicate that TerrAscend's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. TerrAscend's Inventory Turnover for the three months ended in Mar. 2025 was 0.72.

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. TerrAscend's Inventory-to-Revenue for the three months ended in Mar. 2025 was 0.67.

TerrAscend Days Inventory Historical Data

The historical data trend for TerrAscend'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.

TerrAscend Days Inventory Chart

TerrAscend Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

Get a 7-Day Free Trial

160.86

126.57

100.20

114.16

113.50

TerrAscend Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Inventory	Get a 7-Day Free Trial															109.35	114.07	123.86	120.39	127.26

Competitive Comparison of TerrAscend's Days Inventory

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

TerrAscend's Days Inventory Distribution in the Drug Manufacturers Industry

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

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

Save Embed

;

Save Embed

;

TerrAscend Days Inventory Calculation

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

TerrAscend's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (69.338	+	69.524)	/	2 )	/	223.275	*	365
=	69.431					/	223.275	*	365
=	113.50

TerrAscend's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

	Days Inventory (Q: Mar. 2025 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (69.524	+	67.396)	/	2 )	/	49.089	*	365 / 4
=	68.46					/	49.089	*	365 / 4
=	127.26

TerrAscend (TSX:TSND) 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.

TerrAscend's Inventory Turnover for the three months ended in Mar. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	49.089	/	68.46
	=	0.72

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.

TerrAscend's Inventory to Revenue for the three months ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	68.46	/	101.923
	=	0.67

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.

TerrAscend Days Inventory Related Terms

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

TerrAscend Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TerrAscend Corp (TSX:TSND) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

TSNDF:USA TED:Germany

Address

77 City Centre Drive, Suite 501, East Tower, Mississauga, ON, CAN, L5B 1M5

Website

https://www.terrascend.com

TerrAscend Corp is a company focused on creating and delivering quality cannabis products and services that meet the evolving needs of its patients. It also provides education and support programs to physicians and patients through healthcare professionals. In addition, the Company has retail operations in Ontario, Canada, with a majority-owned dispensary in Toronto, Ontario, Canada. It has one operating segment, being the cultivation, production, and sale of cannabis products, with subsidiaries located in Canada and the United States.

Executives

Edward James Schutter	Director
Jason Wild	10% Security Holder, Director
Lisa Swartzman	Director
Ziad Ghanem	Senior Officer
Keith Stauffer	Senior Officer
Craig Alexander Collard	Director
Adam Kozak	Senior Officer

TerrAscend Headlines

No Headlines