GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Leef Brands Inc (XCNQ:LEEF) » Definitions » Days Inventory

Leef Brands (XCNQ:LEEF) Days Inventory : 68.86 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Leef Brands Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Leef Brands's Average Total Inventories for the three months ended in Mar. 2024 was C$4.80 Mil. Leef Brands's Cost of Goods Sold for the three months ended in Mar. 2024 was C$6.36 Mil. Hence, Leef Brands's Days Inventory for the three months ended in Mar. 2024 was 68.86.

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

XCNQ:LEEF' s Days Inventory Range Over the Past 10 Years
Min: 35.62   Med: 55.91   Max: 1683.47
Current: 71.31

During the past 11 years, Leef Brands's highest Days Inventory was 1683.47. The lowest was 35.62. And the median was 55.91.

XCNQ:LEEF's Days Inventory is ranked better than
86.95% of 973 companies
in the Drug Manufacturers industry
Industry Median: 157.9 vs XCNQ:LEEF: 71.31

Leef Brands's Days Inventory increased from Mar. 2023 (43.58) to Mar. 2024 (68.86). It might indicate that Leef Brands's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Leef Brands's Inventory Turnover for the three months ended in Mar. 2024 was 1.33.

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. Leef Brands's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.45.


Leef Brands Days Inventory Historical Data

The historical data trend for Leef Brands'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.

Leef Brands Days Inventory Chart

Leef Brands Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul19 Jul20 Jul21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,683.47 35.62 65.51 45.53 55.91

Leef Brands Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 43.58 54.17 92.36 79.46 68.86

Competitive Comparison of Leef Brands's Days Inventory

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


Leef Brands's Days Inventory Distribution in the Drug Manufacturers Industry

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

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



Leef Brands Days Inventory Calculation

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

Leef Brands's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (4.051 + 4.413) / 2 ) / 27.626*365
=4.232 / 27.626*365
=55.91

Leef Brands's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (4.413 + 5.191) / 2 ) / 6.363*365 / 4
=4.802 / 6.363*365 / 4
=68.86

* 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.


Leef Brands  (XCNQ:LEEF) 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.

Leef Brands's Inventory Turnover for the three months ended in Mar. 2024 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.

Leef Brands's Inventory to Revenue for the three months ended in Mar. 2024 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.


Leef Brands Days Inventory Related Terms

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


Leef Brands (XCNQ:LEEF) Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6C 1H2
Leef Brands Inc is a manufacturer of a cannabis-branded products based in California, Sacramento. It offers products under the brand names like Real Deal Resin, Ganja Gold, Heady, Leef and Buddies. Geographically, it derives a majority of its revenue from the United States.

Leef Brands (XCNQ:LEEF) Headlines

No Headlines