Trees (CANN) Days Inventory: 39.82 (As of Sep. 2024)


CANN Trees Corp CANN
12 GF Score
Price $0.02
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What is Trees Days Inventory?

Trees CANN -20.39% 12 Days Inventory is 39.82 as of Sep. 2024. GuruFocus rates CANN with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Trees's Average Total Inventories for the three months ended in Sep. 2024 was $0.85 Mil. Trees's Cost of Goods Sold for the three months ended in Sep. 2024 was $1.96 Mil. Hence, Trees's Days Inventory for the three months ended in Sep. 2024 was 39.82.

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

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

Trees's Days Inventory declined from Sep. 2023 (72.97) to Sep. 2024 (39.82).

Inventory Turnover measures how fast the company turns over its inventory within a year. Trees's Inventory Turnover for the three months ended in Sep. 2024 was 2.29.

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. Trees's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.26.


Trees  (OTCPK:CANN) 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.

Trees's Inventory Turnover for the three months ended in Sep. 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.

Trees's Inventory to Revenue for the three months ended in Sep. 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.


Trees Days Inventory Related Terms


Trees Days Inventory Historical Data

* Premium members only.

The historical data trend for Trees'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.

Trees Days Inventory Chart

Trees 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 0.00 97.75 61.46 67.87 46.20

Trees Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 72.97 39.27 34.64 49.25 39.82

CANN vs RAPH, LIFD, SHPH: Days Inventory Comparison

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


Trees Days Inventory vs Drug Manufacturers Industry

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

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


CANN
12GF Score
Trees Corp CANN
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Trees Days Inventory Calculation

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

Trees'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
=( (2.067 + 0.861) / 2 ) / 11.565*365
=1.464 / 11.565*365
=46.20

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

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (1.02 + 0.688) / 2 ) / 1.957*365 / 4
=0.854 / 1.957*365 / 4
=39.82

* 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 39.82 mean?
Trees (CANN) has a Days Inventory of 39.82 as of Sep. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Trees and its competitors.
Is Trees' Days Inventory too high?
Trees' current Days Inventory is 39.82. The Drug Manufacturers industry median Days Inventory is 162.83. Trees' value of 39.82 is 75.5% below this industry median. Overall, Trees has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Trees' Days Inventory compare to RAPH and LIFD?
Trees' Days Inventory of 39.82 can be compared against companies in the Drug Manufacturers industry. The industry median Days Inventory is 162.83. Trees' value of 39.82 is 75.5% 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 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. Trees's current Days Inventory of 39.82 is 75.5% 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 Trees 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. Trees's current Days Inventory is 39.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trees stock overvalued right now?
Trees (CANN) has a current Days Inventory of 39.82. The current Days Inventory is 39.82 and 75.5% below the Drug Manufacturers industry median of 162.83. Trees' 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 Trees (CANN), the current Days Inventory is 39.82 as of Sep. 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.

Trees Business Description

Address 10030 W 27th Avenue, Wheat Ridge, CO, USA, 80215
Trees Corp is a vertically integrated cannabis company and multi-state operator in the United States. It has two segments Retail and Cultivation. It is pursuing a roll-up plan of licensed assets in mature markets while maintaining loyal, local customer bases. TREES owns and operates a light-deprivation greenhouse and a campus of indoor cultivation facilities in Boulder, dispensaries in Englewood, Longmont, and Berthoud, Colorado, and three dispensaries in Portland, Oregon.
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