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Indigenous Bloom Hemp (Indigenous Bloom Hemp) Days Inventory : 0.00 (As of Feb. 2023)


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What is Indigenous Bloom Hemp Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Indigenous Bloom Hemp's Average Total Inventories for the three months ended in Feb. 2023 was $0.13 Mil. Indigenous Bloom Hemp's Cost of Goods Sold for the three months ended in Feb. 2023 was $0.00 Mil.

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

VRTHF's Days Inventory is not ranked *
in the Drug Manufacturers industry.
Industry Median: 158.805
* Ranked among companies with meaningful Days Inventory only.

Indigenous Bloom Hemp's Days Inventory declined from Nov. 2021 (29,930.00) to Feb. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Indigenous Bloom Hemp's Inventory Turnover for the three months ended in Feb. 2023 was 0.00.

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.


Indigenous Bloom Hemp Days Inventory Historical Data

The historical data trend for Indigenous Bloom Hemp'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.

Indigenous Bloom Hemp Days Inventory Chart

Indigenous Bloom Hemp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 May22
Days Inventory
Get a 7-Day Free Trial Premium Member Only - - - - 500.88

Indigenous Bloom Hemp Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Nov21 Feb22 May22 Aug22 Feb23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29,930.00 10,821.42 599.59 7,368.44 -

Competitive Comparison of Indigenous Bloom Hemp's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Indigenous Bloom Hemp'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.


Indigenous Bloom Hemp's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Indigenous Bloom Hemp's Days Inventory falls into.



Indigenous Bloom Hemp Days Inventory Calculation

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

Indigenous Bloom Hemp's Days Inventory for the fiscal year that ended in May. 2022 is calculated as

Days Inventory (A: May. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2021 ) + Total Inventories (A: May. 2022 )) / count ) / Cost of Goods Sold (A: May. 2022 )*Days in Period
=( (0 + 0.188) / 1 ) / 0.137*365
=0.188 / 0.137*365
=500.88

Indigenous Bloom Hemp's Days Inventory for the quarter that ended in Feb. 2023 is calculated as:

Days Inventory (Q: Feb. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2022 ) + Total Inventories (Q: Feb. 2023 )) / count ) / Cost of Goods Sold (Q: Feb. 2023 )*Days in Period
=( (0.135 + 0.129) / 2 ) / 0*365 / 4
=0.132 / 0*365 / 4
=N/A

* 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.


Indigenous Bloom Hemp  (OTCPK:VRTHF) 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.

Indigenous Bloom Hemp's Inventory Turnover for the three months ended in Feb. 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.

Indigenous Bloom Hemp's Inventory to Revenue for the three months ended in Feb. 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.


Indigenous Bloom Hemp Days Inventory Related Terms

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


Indigenous Bloom Hemp (Indigenous Bloom Hemp) Business Description

Traded in Other Exchanges
N/A
Address
3200-650 West Georgia Street, Vancouver, BC, CAN, V6B 4P7
Indigenous Bloom Hemp Corp is in business to produce and sell hemp extracts. It is engaged in the farming and cultivation of hemp biomass for third-party processing to extract cannabidiol (CBD) oils, distillate or isolate. The resulting solution can then be used for the production of many CBD products.