AMMJ (American Cannabis Co) Days Inventory: 58.10 (As of Jun. 2024)


AMMJ American Cannabis Co Inc AMMJ
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What is American Cannabis Co Days Inventory?

American Cannabis Co AMMJ -14.29% 12 Days Inventory is 58.10 as of Jun. 2024. GuruFocus rates AMMJ with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). American Cannabis Co's Average Total Inventories for the three months ended in Jun. 2024 was $0.47 Mil. American Cannabis Co's Cost of Goods Sold for the three months ended in Jun. 2024 was $0.74 Mil. Hence, American Cannabis Co's Days Inventory for the three months ended in Jun. 2024 was 58.10.

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

AMMJ's Days Inventory is not ranked *
in the Tobacco Products industry.
Industry Median: 142.255
* Ranked among companies with meaningful Days Inventory only.

American Cannabis Co's Days Inventory declined from Jun. 2023 (82.63) to Jun. 2024 (58.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. American Cannabis Co's Inventory Turnover for the three months ended in Jun. 2024 was 1.57.

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. American Cannabis Co's Inventory-to-Revenue for the three months ended in Jun. 2024 was 1.08.


American Cannabis Co  (OTCPK:AMMJ) 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.

American Cannabis Co's Inventory Turnover for the three months ended in Jun. 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.

American Cannabis Co's Inventory to Revenue for the three months ended in Jun. 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.


American Cannabis Co Days Inventory Related Terms


American Cannabis Co Days Inventory Historical Data

* Premium members only.

The historical data trend for American Cannabis Co'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.

American Cannabis Co Days Inventory Chart

American Cannabis Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.27 24.72 45.46 7.09 119.50

American Cannabis Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 82.63 133.37 312.86 382.03 58.10

AMMJ vs CBDW, PM, MO: Days Inventory Comparison

For the Tobacco subindustry, American Cannabis Co'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.


American Cannabis Co Days Inventory vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, American Cannabis Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where American Cannabis Co's Days Inventory falls into.


AMMJ
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American Cannabis Co Inc AMMJ
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American Cannabis Co Days Inventory Calculation

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

American Cannabis Co'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
=( (0.353 + 0.586) / 2 ) / 1.434*365
=0.4695 / 1.434*365
=119.50

American Cannabis Co's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0.67 + 0.266) / 2 ) / 0.735*365 / 4
=0.468 / 0.735*365 / 4
=58.10

* 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 58.10 mean?
American Cannabis Co (AMMJ) has a Days Inventory of 58.10 as of Jun. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on American Cannabis Co and its competitors.
Is American Cannabis Co's Days Inventory too high?
American Cannabis Co's current Days Inventory is 58.10. The Tobacco Products industry median Days Inventory is 142.26. American Cannabis Co's value of 58.10 is 59.2% below this industry median. Overall, American Cannabis Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does American Cannabis Co's Days Inventory compare to CBDW and PM?
American Cannabis Co's Days Inventory of 58.10 can be compared against companies in the Tobacco Products industry. The industry median Days Inventory is 142.26. American Cannabis Co's value of 58.10 is 59.2% below 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 Tobacco Products company?
The median Days Inventory among Tobacco Products companies is 142.26, based on 46 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. American Cannabis Co's current Days Inventory of 58.10 is 59.2% below 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 American Cannabis Co and its competitors. For the Tobacco Products industry, the median Days Inventory is 142.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Cannabis Co's current Days Inventory is 58.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Cannabis Co stock overvalued right now?
American Cannabis Co (AMMJ) has a current Days Inventory of 58.10. The current Days Inventory is 58.10 and 59.2% below the Tobacco Products industry median of 142.26. American Cannabis Co's overall GF Score™ is 12/100. 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 American Cannabis Co (AMMJ), the current Days Inventory is 58.10 as of Jun. 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.

American Cannabis Co Business Description

Address 1004 Tejon Street, Colorado Springs, CO, USA, 80903
American Cannabis Co Inc is engaged in the cannabis industry that features end-to-end solutions for businesses operating in the regulated cannabis industry in states and countries where cannabis is regulated and/or has been decriminalized for medical use and/or legalized for recreational use. It provides advisory and consulting services specific to this industry, designs industry-specific products and facilities, and manages a strategic group partnership that offers both exclusive and non-exclusive customer products commonly used in the industry. It is a licensed operator of two medical cannabis dispensaries and a cannabis cultivation facility in Colorado Springs, CO.
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