Marijuana Company of America (Marijuana Company of America) Inventory Turnover : 0.36 (As of Sep. 2022)

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What is Marijuana Company of America Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Marijuana Company of America's Cost of Goods Sold for the three months ended in Sep. 2022 was $0.06 Mil. Marijuana Company of America's Average Total Inventories for the quarter that ended in Sep. 2022 was $0.16 Mil. Marijuana Company of America's Inventory Turnover for the quarter that ended in Sep. 2022 was 0.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Marijuana Company of America's Days Inventory for the three months ended in Sep. 2022 was 256.44.

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. Marijuana Company of America's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 1.15.

Marijuana Company of America Inventory Turnover Historical Data

The historical data trend for Marijuana Company of America's Inventory Turnover 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.

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Marijuana Company of America Inventory Turnover Chart

Marijuana Company of America Annual Data

Trend

Dec00

Dec01

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

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0.11

0.46

1.48

1.27

4.92

Marijuana Company of America Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Inventory Turnover	Get a 7-Day Free Trial															1.86	2.05	2.23	0.22	0.36

Marijuana Company of America Inventory Turnover Calculation

Marijuana Company of America's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	0.873	/ (	(0.103	+	0.252)	/	2 )
=	0.873	/	0.1775
=	4.92

Marijuana Company of America's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

	Inventory Turnover (Q: Sep. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2022 )	/ (	(Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Sep. 2022 ))	/	count )
=	0.058	/ (	(0.145	+	0.181)	/	2 )
=	0.058	/	0.163
=	0.36

Marijuana Company of America (OTCPK:MCOA) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Marijuana Company of America's Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2022 )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
	=	0.163	/	0.058	*	365 / 4
	=	256.44

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.

Marijuana Company of America's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	0.163	/	0.142
	=	1.15

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Marijuana Company of America Inventory Turnover Related Terms

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Marijuana Company of America (Marijuana Company of America) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Marijuana Company of America Inc (OTCPK:MCOA) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

633 West 5th Street, Suite 2826, Los Angeles, CA, USA, 90071

Website

http://www.marijuanacompanyofamerica.com

Marijuana Company of America Inc is a marijuana marketing and distribution company. Through its subsidiary, the company delivers all the benefits of industrial hemp-derived cannabinoid products to the world through its unique marketing and distribution platform through cDistro. It also provides turn-key services to the legal cannabis and hemp industry, as well as, strategically investing in synergistic companies to develop a diverse portfolio of subsidiaries and joint ventures that create value for our shareholders.

Executives

Jesus Quintero	director, 10 percent owner	16860 SOUTHWEST 1ST STREET, PEMBROKE PINES FL 33027
Themistocles Psomiadis	director	1420 MIDTOWN AVE, APT 407, MOUNT PLEASANT SC 29464
Donald J Steinberg	director, 10 percent owner, officer: President	3223 SUMAC ROAD, FALLBROOK CA 92028
Charles John Larsen	director, 10 percent owner	333 WASHINGTON BLVD., #386, MARINA DEL REY CA 90292
Hymers Iii R. Leslie	director, 10 percent owner, officer: Chief Financial Officer	520 S GRAND AVENUE, STE 320, LOS ANGELES CA 90071