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ELLXD (Elixinol Wellness) Days Inventory : 162.47 (As of Jun. 2024)


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What is Elixinol Wellness Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Elixinol Wellness's Average Total Inventories for the six months ended in Jun. 2024 was $2.58 Mil. Elixinol Wellness's Cost of Goods Sold for the six months ended in Jun. 2024 was $2.89 Mil. Hence, Elixinol Wellness's Days Inventory for the six months ended in Jun. 2024 was 162.47.

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

ELLXD' s Days Inventory Range Over the Past 10 Years
Min: 148.25   Med: 244.18   Max: 569.74
Current: 157.82

During the past 6 years, Elixinol Wellness's highest Days Inventory was 569.74. The lowest was 148.25. And the median was 244.18.

ELLXD's Days Inventory is ranked worse than
50.64% of 944 companies
in the Drug Manufacturers industry
Industry Median: 156.935 vs ELLXD: 157.82

Elixinol Wellness's Days Inventory declined from Jun. 2023 (167.49) to Jun. 2024 (162.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. Elixinol Wellness's Inventory Turnover for the six months ended in Jun. 2024 was 1.12.

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. Elixinol Wellness's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.57.


Elixinol Wellness Days Inventory Historical Data

The historical data trend for Elixinol 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.

* Premium members only.

Elixinol Wellness Days Inventory Chart

Elixinol Wellness Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 450.98 529.96 295.17 194.76 203.86

Elixinol Wellness Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 235.40 177.51 167.49 167.60 162.47

Competitive Comparison of Elixinol Wellness's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Elixinol 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.


Elixinol Wellness's Days Inventory Distribution in the Drug Manufacturers Industry

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

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



Elixinol Wellness Days Inventory Calculation

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

Elixinol Wellness'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
=( (1.174 + 2.452) / 2 ) / 3.246*365
=1.813 / 3.246*365
=203.86

Elixinol Wellness's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (2.452 + 2.699) / 2 ) / 2.893*365 / 2
=2.5755 / 2.893*365 / 2
=162.47

* 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.


Elixinol Wellness  (OTCPK:ELLXD) 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.

Elixinol Wellness's Inventory Turnover for the six months ended in Jun. 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.

Elixinol Wellness's Inventory to Revenue for the six months ended in Jun. 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.


Elixinol Wellness Days Inventory Related Terms

Thank you for viewing the detailed overview of Elixinol Wellness's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Elixinol Wellness Business Description

Traded in Other Exchanges
Address
680 George Street, Level 12, Sydney, NSW, AUS, 2000
Elixinol Wellness Ltd is engaged in the hemp industry, innovating, marketing, and selling hemp-derived nutraceutical, cosmetic, and food products. It operates in the three operating segments of the Americas, Australia, Rest of the World regions of which key revenue is derived from the Australia segment. The Australia segment includes the results from operations of Elixinol Wellness (Byron Bay) Pty Ltd and The Sustainable Nutrition Group Pty Ltd and its subsidiaries.