Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) Days Inventory : 14.31 (As of May. 2020)

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What is Ventura Cannabis and Wellness Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ventura Cannabis and Wellness's Average Total Inventories for the three months ended in May. 2020 was $0.10 Mil. Ventura Cannabis and Wellness's Cost of Goods Sold for the three months ended in May. 2020 was $0.61 Mil. Hence, Ventura Cannabis and Wellness's Days Inventory for the three months ended in May. 2020 was 14.31.

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

CVHIF's Days Inventory is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 158.365
* Ranked among companies with meaningful Days Inventory only.

Ventura Cannabis and Wellness's Days Inventory increased from May. 2019 (0.00) to May. 2020 (14.31). It might indicate that Ventura Cannabis and Wellness's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ventura Cannabis and Wellness's Inventory Turnover for the three months ended in May. 2020 was 6.38.

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. Ventura Cannabis and Wellness's Inventory-to-Revenue for the three months ended in May. 2020 was 0.11.

Ventura Cannabis and Wellness Days Inventory Historical Data

The historical data trend for Ventura Cannabis and Wellness'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.

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Ventura Cannabis and Wellness Days Inventory Chart

Ventura Cannabis and Wellness Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Nov14

Nov15

Feb17

Feb18

Feb19

Feb20

Days Inventory

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6.69

Ventura Cannabis and Wellness Quarterly Data
	May15	Aug15	Nov15	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	14.31

Competitive Comparison of Ventura Cannabis and Wellness's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Ventura Cannabis and Wellness'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.

Ventura Cannabis and Wellness's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Ventura Cannabis and Wellness's Days Inventory falls into.

Ventura Cannabis and Wellness Days Inventory Calculation

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

Ventura Cannabis and Wellness's Days Inventory for the fiscal year that ended in Feb. 2020 is calculated as

	Days Inventory (A: Feb. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Feb. 2019 )	+	Total Inventories (A: Feb. 2020 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2020 )	*	Days in Period
=	( (0	+	0.103)	/	1 )	/	5.622	*	365
=	0.103					/	5.622	*	365
=	6.69

Ventura Cannabis and Wellness's Days Inventory for the quarter that ended in May. 2020 is calculated as:

	Days Inventory (Q: May. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Feb. 2020 )	+	Total Inventories (Q: May. 2020 ))	/	count )	/	Cost of Goods Sold (Q: May. 2020 )	*	Days in Period
=	( (0.103	+	0.089)	/	2 )	/	0.612	*	365 / 4
=	0.096					/	0.612	*	365 / 4
=	14.31

Ventura Cannabis and Wellness (OTCPK:CVHIF) 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.

Ventura Cannabis and Wellness's Inventory Turnover for the three months ended in May. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.612	/	0.096
	=	6.38

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.

Ventura Cannabis and Wellness's Inventory to Revenue for the three months ended in May. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.096	/	0.905
	=	0.11

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.

Ventura Cannabis and Wellness Days Inventory Related Terms

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Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ventura Cannabis and Wellness Corp (OTCPK:CVHIF) » Definitions » Days Inventory

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Traded in Other Exchanges

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Address

800 W. 6th St, Suite 1415, Los Angeles, CA, USA, 90017

Website

http://www.venturacanna.com

Ventura Cannabis and Wellness Corp is a vertically integrated, California-based products cannabis company. The company is currently building out its distribution channel through revenue-sharing agreements with owner-operator of cannabis dispensaries to ensure it's products get premium shelf space. The Company plans to target four segments in the U.S. cannabis and CBD market with products suited to their needs: senior citizens, upwardly mobile middle-aged female professionals, upwardly mobile middle-aged male professionals and individuals suffering from addiction. These segments desire discrete and well-designed products as well as the accurate dosage of THC.