ERBB (American Green) Days Inventory: 11.81 (As of Jun. 2023)


What is American Green Days Inventory?

American Green ERBB -33.33% Days Inventory is 11.81 as of Jun. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). American Green's Average Total Inventories for the six months ended in Jun. 2023 was $0.03 Mil. American Green's Cost of Goods Sold for the six months ended in Jun. 2023 was $0.99 Mil. Hence, American Green's Days Inventory for the six months ended in Jun. 2023 was 5.90.

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

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

American Green's Days Inventory increased from . 20 (0.00) to Jun. 2023 (11.81). It might indicate that American Green's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. American Green's Inventory Turnover for the six months ended in Jun. 2023 was 30.91.

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. American Green's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.01.

American Green  (OTCPK:ERBB) 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.

American Green's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.989 / 0.032
=30.91

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.

American Green's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.032 / 3.793
=0.01

* 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.

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.

American Green Days Inventory Related Terms

American Green Days Inventory Historical Data

* Premium members only.

The historical data trend for American Green'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.

American Green Days Inventory Chart

American Green Annual Data
Trend Jun22 Jun23
Days Inventory
0.00 11.81

American Green Semi-Annual Data
Jun22 Jun23
Days Inventory 0.00 11.81

ERBB vs UPC, MJNA, KAYS: Days Inventory Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, American Green'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.

American Green Days Inventory vs Drug Manufacturers Industry

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

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


American Green Days Inventory Calculation

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

American Green's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0 + 0.032) / 1 ) / 0.989*365
=0.032 / 0.989*365
=11.81

American Green's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0 + 0.032) / 1 ) / 0.989*365 / 2
=0.032 / 0.989*365 / 2
=5.90

* 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 11.81 mean?
American Green (ERBB) has a Days Inventory of 11.81 as of Jun. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on American Green and its competitors.
Is American Green's Days Inventory too high?
American Green's current Days Inventory is 11.81. The Drug Manufacturers industry median Days Inventory is 164.43. American Green's value of 11.81 is 92.8% below this industry median.
How does American Green's Days Inventory compare to UPC and MJNA?
American Green's Days Inventory of 11.81 can be compared against companies in the Drug Manufacturers industry. The industry median Days Inventory is 164.43. American Green's value of 11.81 is 92.8% 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 918 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. American Green's current Days Inventory of 11.81 is 92.8% 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 American Green 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. American Green's current Days Inventory is 11.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Green stock overvalued right now?
American Green (ERBB) has a current Days Inventory of 11.81. The current Days Inventory is 11.81 and 92.8% 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 American Green (ERBB), the current Days Inventory is 11.81 as of Jun. 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.

American Green Business Description

Address 30 N Gould Street, Suite R, Sheridan, WY, USA, 82801
American Green Inc is a technology company in the medical cannabis industry. It is involved in the business of developing a cultivation facility in Phoenix Arizona for medical marijuana and also owns proprietary dispensing machines and has online sales operation for CBD products and apparel.