The historical rank and industry rank for Clever Leaves Holdings's Days Inventory or its related term are showing as below:
CLVR's Days Inventory is not ranked *
in the Drug Manufacturers industry.
Industry Median: 162.44 * Ranked among companies with meaningful Days Inventory only.
Clever Leaves Holdings's Days Inventory
declined
from Dec. 2022 (321.25) to Dec. 2023 (111.61).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Clever Leaves Holdings's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.82.
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.
Clever Leaves Holdings's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.31.
Clever Leaves Holdings (OTCPK:CLVR) 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.
Clever Leaves Holdings's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Clever Leaves Holdings's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
Clever Leaves Holdings Days Inventory Related Terms
Clever Leaves Holdings Days Inventory Historical Data
* Premium members only.
The historical data trend for Clever Leaves Holdings'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.
CLVR vs CNNC, CLSH, PRFX: Days Inventory Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Clever Leaves Holdings'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.
Clever Leaves Holdings Days Inventory vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Clever Leaves Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where Clever Leaves Holdings's Days Inventory falls into.
* 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.
Clever Leaves Holdings (CLVR) has a Days Inventory of 111.61 as of Dec. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Clever Leaves Holdings and its competitors.
Is Clever Leaves Holdings' Days Inventory too high?
Clever Leaves Holdings' current Days Inventory is 111.61. The Drug Manufacturers industry median Days Inventory is 162.44. Clever Leaves Holdings' value of 111.61 is 31.3% below this industry median. Overall, Clever Leaves Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Clever Leaves Holdings' Days Inventory compare to CNNC and CLSH?
Clever Leaves Holdings' Days Inventory of 111.61 can be compared against companies in the Drug Manufacturers industry. The industry median Days Inventory is 162.44. Clever Leaves Holdings' value of 111.61 is 31.3% 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 162.44, 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. Clever Leaves Holdings's current Days Inventory of 111.61 is 31.3% 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 Clever Leaves Holdings and its competitors. For the Drug Manufacturers industry, the median Days Inventory is 162.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clever Leaves Holdings's current Days Inventory is 111.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clever Leaves Holdings stock overvalued right now?
Clever Leaves Holdings (CLVR) has a current Days Inventory of 111.61. The current Days Inventory is 111.61 and 31.3% below the Drug Manufacturers industry median of 162.44. Clever Leaves Holdings' 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 Clever Leaves Holdings (CLVR), the current Days Inventory is 111.61 as of Dec. 2023. 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.
Clever Leaves Holdings Inc is a producer of pharmaceutical and consumer cannabis brands. The company operates and has investments in Canada, Colombia, Germany, Portugal, and the United States. The company operates in two reportable segments namely, the Cannabinoid segment which is comprised of the company's cultivation, extraction, and commercialization of cannabinoid products; and the Non-Cannabinoid operating segment which generates maximum revenue and is engaged in the business of formulating, manufacturing, marketing, selling, distributing, and otherwise commercializing nutraceutical and other natural remedies, wellness products, detoxification products, and nutritional and dietary supplements.
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