NoHo (DRNK) Days Inventory: 1,586.74 (As of Jun. 2017)


What is NoHo Days Inventory?

NoHo DRNK +100.00% Days Inventory is 1,586.74 as of Jun. 2017.

Days Inventory is also known as Days Sales of Inventory (DSI). NoHo's Average Total Inventories for the three months ended in Jun. 2017 was $0.16 Mil. NoHo's Cost of Goods Sold for the three months ended in Jun. 2017 was $0.01 Mil. Hence, NoHo's Days Inventory for the three months ended in Jun. 2017 was 1,586.74.

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

DRNK's Days Inventory is not ranked *
in the Chemicals industry.
Industry Median: 80.63
* Ranked among companies with meaningful Days Inventory only.

NoHo's Days Inventory declined from Dec. 2015 (16,972.50) to Jun. 2017 (1,586.74).

Inventory Turnover measures how fast the company turns over its inventory within a year. NoHo's Inventory Turnover for the three months ended in Jun. 2017 was 0.06.

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. NoHo's Inventory-to-Revenue for the three months ended in Jun. 2017 was 7.83.

NoHo  (OTCPK:DRNK) 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.

NoHo's Inventory Turnover for the three months ended in Jun. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.009 / 0.1565
=0.06

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.

NoHo's Inventory to Revenue for the three months ended in Jun. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.1565 / 0.02
=7.83

* 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.

NoHo Days Inventory Related Terms

NoHo Days Inventory Historical Data

* Premium members only.

The historical data trend for NoHo'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.

NoHo Days Inventory Chart

NoHo Annual Data
Trend Oct11 Oct12 Dec13 Dec14 Dec15
Days Inventory
0.00 0.00 119.67 192.43 829.43

NoHo Quarterly Data
Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Jun15 Sep15 Dec15 Jun16 Dec16 Mar17 Jun17
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 16,972.50 0.00 0.00 14,736.88 1,586.74

DRNK vs BEVS, MOJO, LBIX: Days Inventory Comparison

For the Specialty Chemicals subindustry, NoHo'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.

NoHo Days Inventory vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, NoHo's Days Inventory distribution charts can be found below:

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


NoHo Days Inventory Calculation

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

NoHo's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

Days Inventory (A: Dec. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2014 ) + Total Inventories (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (0.287 + 0.372) / 2 ) / 0.145*365
=0.3295 / 0.145*365
=829.43

NoHo's Days Inventory for the quarter that ended in Jun. 2017 is calculated as:

Days Inventory (Q: Jun. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2017 ) + Total Inventories (Q: Jun. 2017 )) / count ) / Cost of Goods Sold (Q: Jun. 2017 )*Days in Period
=( (0.161 + 0.152) / 2 ) / 0.009*365 / 4
=0.1565 / 0.009*365 / 4
=1,586.74

* 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 1,586.74 mean?
NoHo (DRNK) has a Days Inventory of 1,586.74 as of Jun. 2017. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on NoHo and its competitors.
Is NoHo's Days Inventory too high?
NoHo's current Days Inventory is 1,586.74. The Chemicals industry median Days Inventory is 80.63. NoHo's value of 1,586.74 is 1867.9% above this industry median.
How does NoHo's Days Inventory compare to BEVS and MOJO?
NoHo's Days Inventory of 1,586.74 can be compared against companies in the Chemicals industry. The industry median Days Inventory is 80.63. NoHo's value of 1,586.74 is 1867.9% 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 Chemicals company?
The median Days Inventory among Chemicals companies is 80.63, based on 1,543 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. NoHo's current Days Inventory of 1,586.74 is 1867.9% 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 NoHo and its competitors. For the Chemicals industry, the median Days Inventory is 80.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NoHo's current Days Inventory is 1,586.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NoHo stock overvalued right now?
NoHo (DRNK) has a current Days Inventory of 1,586.74. The current Days Inventory is 1,586.74 and 1867.9% above the Chemicals industry median of 80.63. 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 NoHo (DRNK), the current Days Inventory is 1,586.74 as of Jun. 2017. 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.

NoHo Business Description

Address 2300 West Sahara Avenue, Suite 800, Las Vegas, NV, USA, 89102-4397
NoHo Inc along with its subsidiaries provides sustainable solutions including carbon capture projects and products that empower individuals, communities, and businesses to act against climate change and embrace eco-friendly lifestyles. Its products include Air Primer which is an Interior and Exterior eco-friendly, low-odor, Zero-VOC, high-quality primer, formulated with natural minerals that attract and neutralize air pollutants and odors, and Breathe is a non-toxic, Zero-VOC, water-based paint, infused with mineral, which attracts and neutralizes harmful air pollutants, and VOCs/Airborne chemicals, including carbon dioxide.