ALID (Allied) Days Inventory: 1,785.89 (As of Nov. 2024)


What is Allied Days Inventory?

Allied ALID -99.80% Days Inventory is 1,785.89 as of Nov. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Allied's Average Total Inventories for the three months ended in Nov. 2024 was $0.27 Mil. Allied's Cost of Goods Sold for the three months ended in Nov. 2024 was $0.01 Mil. Hence, Allied's Days Inventory for the three months ended in Nov. 2024 was 1,785.89.

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

ALID's Days Inventory is not ranked *
in the Drug Manufacturers industry.
Industry Median: 162.83
* Ranked among companies with meaningful Days Inventory only.

Allied's Days Inventory declined from Nov. 2023 (8,075.63) to Nov. 2024 (1,785.89).

Inventory Turnover measures how fast the company turns over its inventory within a year. Allied's Inventory Turnover for the three months ended in Nov. 2024 was 0.05.

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. Allied's Inventory-to-Revenue for the three months ended in Nov. 2024 was 9.79.


Allied  (OTCPK:ALID) 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.

Allied's Inventory Turnover for the three months ended in Nov. 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.

Allied's Inventory to Revenue for the three months ended in Nov. 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.


Allied Days Inventory Related Terms


Allied Days Inventory Historical Data

* Premium members only.

The historical data trend for Allied'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.

Allied Days Inventory Chart

Allied Annual Data
Trend Mar18 Mar19 Aug20 Aug21 Aug22 Aug23 Aug24
Days Inventory
Get a 7-Day Free Trial 0.00 53.81 2,251.49 131.70 160.72

Allied Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 8,075.63 0.00 1,632.13 69.59 1,785.89

ALID vs CBDY, PLSH, STEK: Days Inventory Comparison

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


Allied Days Inventory vs Drug Manufacturers Industry

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

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



Allied Days Inventory Calculation

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

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

Days Inventory (A: Aug. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2023 ) + Total Inventories (A: Aug. 2024 )) / count ) / Cost of Goods Sold (A: Aug. 2024 )*Days in Period
=( (0.108 + 0.261) / 2 ) / 0.419*365
=0.1845 / 0.419*365
=160.72

Allied's Days Inventory for the quarter that ended in Nov. 2024 is calculated as:

Days Inventory (Q: Nov. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2024 ) + Total Inventories (Q: Nov. 2024 )) / count ) / Cost of Goods Sold (Q: Nov. 2024 )*Days in Period
=( (0.261 + 0.287) / 2 ) / 0.014*365 / 4
=0.274 / 0.014*365 / 4
=1,785.89

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 1,785.89 mean?
Allied (ALID) has a Days Inventory of 1,785.89 as of Nov. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Allied and its competitors.
Is Allied's Days Inventory too high?
Allied's current Days Inventory is 1,785.89. The Drug Manufacturers industry median Days Inventory is 162.83. Allied's value of 1,785.89 is 996.8% above this industry median.
How does Allied's Days Inventory compare to CBDY and PLSH?
Allied's Days Inventory of 1,785.89 can be compared against companies in the Drug Manufacturers industry. The industry median Days Inventory is 162.83. Allied's value of 1,785.89 is 996.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Drug Manufacturers company?
The median Days Inventory among Drug Manufacturers companies is 162.83, based on 919 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Allied's current Days Inventory of 1,785.89 is 996.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Allied and its competitors. For the Drug Manufacturers industry, the median Days Inventory is 162.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allied's current Days Inventory is 1,785.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied stock overvalued right now?
Allied (ALID) has a current Days Inventory of 1,785.89. The current Days Inventory is 1,785.89 and 996.8% above the Drug Manufacturers industry median of 162.83. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Allied (ALID), the current Days Inventory is 1,785.89 as of Nov. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Allied Business Description

Address 460 Doyle Avenue, Suite 200, Kelowna, BC, CAN, V1Y OC2
Allied Corp is an international cannabis company with a mission to help people suffering from Post-Traumatic Stress Disorder (PTSD) by researching, creating, and producing targeted cannabinoid health solutions. The company uses an evidence-informed scientific approach to make this mission possible through cutting-edge pharmaceutical research and development, plant-based production, and the development of therapeutic products. The company operates in two segments, which include Allied and Allied Colombia. Its geographical segments consist of Colombia and Canada. The company's revenue is comprised of sales of cannabis products.