EDNEF (Eden Empire) Days Inventory: 33.01 (As of Apr. 2022)


What is Eden Empire Days Inventory?

Eden Empire EDNEF Days Inventory is 33.01 as of Apr. 2022.

Days Inventory is also known as Days Sales of Inventory (DSI). Eden Empire's Average Total Inventories for the three months ended in Apr. 2022 was $0.02 Mil. Eden Empire's Cost of Goods Sold for the three months ended in Apr. 2022 was $0.05 Mil. Hence, Eden Empire's Days Inventory for the three months ended in Apr. 2022 was 33.01.

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

EDNEF's Days Inventory is not ranked *
in the Drug Manufacturers industry.
Industry Median: 164.43
* Ranked among companies with meaningful Days Inventory only.

Eden Empire's Days Inventory declined from Apr. 2021 (75.77) to Apr. 2022 (33.01).

Inventory Turnover measures how fast the company turns over its inventory within a year. Eden Empire's Inventory Turnover for the three months ended in Apr. 2022 was 2.76.

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. Eden Empire's Inventory-to-Revenue for the three months ended in Apr. 2022 was 0.33.


Eden Empire  (OTCPK:EDNEF) 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.

Eden Empire's Inventory Turnover for the three months ended in Apr. 2022 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.

Eden Empire's Inventory to Revenue for the three months ended in Apr. 2022 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.


Eden Empire Days Inventory Related Terms


Eden Empire Days Inventory Historical Data

* Premium members only.

The historical data trend for Eden Empire'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.

Eden Empire Days Inventory Chart

Eden Empire Annual Data
Trend Jul19 Jul20 Jul21
Days Inventory
0.00 0.00 93.44

Eden Empire Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 75.77 69.43 57.91 130.36 33.01

EDNEF vs ZTS, CTLT, VTRS: Days Inventory Comparison

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


Eden Empire Days Inventory vs Drug Manufacturers Industry

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

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



Eden Empire Days Inventory Calculation

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

Eden Empire's Days Inventory for the fiscal year that ended in Jul. 2021 is calculated as

Days Inventory (A: Jul. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jul. 2020 ) + Total Inventories (A: Jul. 2021 )) / count ) / Cost of Goods Sold (A: Jul. 2021 )*Days in Period
=( (0.02 + 0.044) / 2 ) / 0.125*365
=0.032 / 0.125*365
=93.44

Eden Empire's Days Inventory for the quarter that ended in Apr. 2022 is calculated as:

Days Inventory (Q: Apr. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jan. 2022 ) + Total Inventories (Q: Apr. 2022 )) / count ) / Cost of Goods Sold (Q: Apr. 2022 )*Days in Period
=( (0.018 + 0.016) / 2 ) / 0.047*365 / 4
=0.017 / 0.047*365 / 4
=33.01

* 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 33.01 mean?
Eden Empire (EDNEF) has a Days Inventory of 33.01 as of Apr. 2022. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Eden Empire and its competitors.
Is Eden Empire's Days Inventory too high?
Eden Empire's current Days Inventory is 33.01. The Drug Manufacturers industry median Days Inventory is 164.43. Eden Empire's value of 33.01 is 79.9% below this industry median.
How does Eden Empire's Days Inventory compare to ZTS and CTLT?
Eden Empire's Days Inventory of 33.01 can be compared against companies in the Drug Manufacturers industry. The industry median Days Inventory is 164.43. Eden Empire's value of 33.01 is 79.9% 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 164.43, based on 916 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. Eden Empire's current Days Inventory of 33.01 is 79.9% 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 Eden Empire and its competitors. For the Drug Manufacturers industry, the median Days Inventory is 164.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eden Empire's current Days Inventory is 33.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eden Empire stock overvalued right now?
Eden Empire (EDNEF) has a current Days Inventory of 33.01. The current Days Inventory is 33.01 and 79.9% below the Drug Manufacturers industry median of 164.43. 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 Eden Empire (EDNEF), the current Days Inventory is 33.01 as of Apr. 2022. 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.

Eden Empire Business Description

Address The Stack, 1133 Melville Street, Suite 2700, Vancouver, BC, CAN, V6E 4E5
Eden Empire Inc is engaged in the business of operating and investing in the retail cannabis sector.