Aleafia Health (Aleafia Health) Days Inventory : 170.23 (As of Mar. 2023)

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What is Aleafia Health Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aleafia Health's Average Total Inventories for the three months ended in Mar. 2023 was $15.50 Mil. Aleafia Health's Cost of Goods Sold for the three months ended in Mar. 2023 was $8.31 Mil. Hence, Aleafia Health's Days Inventory for the three months ended in Mar. 2023 was 170.23.

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

ALEAF's Days Inventory is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 157.54
* Ranked among companies with meaningful Days Inventory only.

Aleafia Health's Days Inventory declined from Sep. 2021 (406.47) to Mar. 2023 (170.23).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aleafia Health's Inventory Turnover for the three months ended in Mar. 2023 was 0.54.

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. Aleafia Health's Inventory-to-Revenue for the three months ended in Mar. 2023 was 2.26.

Aleafia Health Days Inventory Historical Data

The historical data trend for Aleafia Health'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.

Aleafia Health Days Inventory Chart

Aleafia Health Annual Data

Trend

Jan12

Jan13

Jan14

Jan15

Jan16

Oct17

Dec18

Dec19

Dec20

Mar23

Days Inventory

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0.61

199.26

227.63

251.56

Aleafia Health Quarterly Data
	Oct17	Jan18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Jun22	Sep22	Dec22	Mar23
Days Inventory	Get a 7-Day Free Trial															406.47	496.59	-	116.55	170.23

Competitive Comparison of Aleafia Health's Days Inventory

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

Aleafia Health's Days Inventory Distribution in the Drug Manufacturers Industry

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

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

Aleafia Health Days Inventory Calculation

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

Aleafia Health's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (23.228	+	13.892)	/	2 )	/	26.93	*	365
=	18.56					/	26.93	*	365
=	251.56

Aleafia Health's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (17.116	+	13.892)	/	2 )	/	8.311	*	365 / 4
=	15.504					/	8.311	*	365 / 4
=	170.23

Aleafia Health (OTCPK:ALEAF) 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.

Aleafia Health's Inventory Turnover for the three months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.311	/	15.504
	=	0.54

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.

Aleafia Health's Inventory to Revenue for the three months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	15.504	/	6.865
	=	2.26

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.

Aleafia Health Days Inventory Related Terms

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

Aleafia Health (Aleafia Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Aleafia Health Inc (OTCPK:ALEAF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

85 Basaltic Road, Concord, ON, CAN, L4K 1G4

Website

https://www.aleafiahealth.com

Aleafia Health Inc is a vertically integrated cannabis health and wellness company which owns three cannabis product and cultivation facilities where it produces a diverse portfolio of commercially high-margin derivative products including oils, capsules and sprays. The company operates national network of medical cannabis clinics and has seen over 60,000 patients to date.