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Days Inventory is also known as Days Sales of Inventory (DSI). 4Front Ventures's Average Total Inventories for the three months ended in Sep. 2024 was $18.59 Mil. 4Front Ventures's Cost of Goods Sold for the three months ended in Sep. 2024 was $13.47 Mil. Hence, 4Front Ventures's Days Inventory for the three months ended in Sep. 2024 was 125.94.
The historical rank and industry rank for 4Front Ventures's Days Inventory or its related term are showing as below:
During the past 13 years, 4Front Ventures's highest Days Inventory was 159.00. The lowest was 23.96. And the median was 126.16.
4Front Ventures's Days Inventory declined from Sep. 2023 (141.40) to Sep. 2024 (125.94).
Inventory Turnover measures how fast the company turns over its inventory within a year. 4Front Ventures's Inventory Turnover for the three months ended in Sep. 2024 was 0.72.
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. 4Front Ventures's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.08.
The historical data trend for 4Front Ventures'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.
4Front Ventures Annual Data | |||||||||||||||||||||
Trend | Apr14 | Apr15 | Apr16 | Apr17 | Apr18 | Apr19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 24.31 | 158.86 | 126.11 | 126.48 | 127.38 |
4Front Ventures Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Days Inventory | Get a 7-Day Free Trial | 141.40 | 123.44 | 135.50 | 136.83 | 125.94 |
For the Drug Manufacturers - Specialty & Generic subindustry, 4Front Ventures'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.
For the Drug Manufacturers industry and Healthcare sector, 4Front Ventures's Days Inventory distribution charts can be found below:
* The bar in red indicates where 4Front Ventures's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
4Front Ventures'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 |
= | ( (18.888 | + | 17.087) | / | 2 ) | / | 51.543 | * | 365 |
= | 17.9875 | / | 51.543 | * | 365 | ||||
= | 127.38 |
4Front Ventures's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:
Days Inventory (Q: Sep. 2024 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Jun. 2024 ) | + | Total Inventories (Q: Sep. 2024 )) | / | count ) | / | Cost of Goods Sold (Q: Sep. 2024 ) | * | Days in Period |
= | ( (17.563 | + | 19.613) | / | 2 ) | / | 13.468 | * | 365 / 4 |
= | 18.588 | / | 13.468 | * | 365 / 4 | ||||
= | 125.94 |
* 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.
4Front Ventures (OTCPK:FFNTF) 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.
4Front Ventures's Inventory Turnover for the three months ended in Sep. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 13.468 | / | 18.588 | |
= | 0.72 |
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.
4Front Ventures's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 18.588 | / | 17.132 | |
= | 1.08 |
* 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.
Thank you for viewing the detailed overview of 4Front Ventures's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Leonid Gontmakher | director, officer: Chief Executive Officer | 5060 N. 40TH STREET, SUITE 120, PHOENIX AZ 85018 |
Nicole Frederick | officer: See Remarks | C/O 4FRONT VENTURES CORP., 7010 E. CHAUNCEY LANE STE. 235, PHOENIX AZ 85054 |
Kristopher Krane | director | 5060 N. 40TH STREET, SUITE 120, PHOENIX AZ 85018 |
David Ryan Daily | director | 5060 N 40TH STREET STE 120, PHOENIX AZ 85018 |
Roman Tkachenko | director | 5060 N 40TH STREET STE 120, PHOENIX AZ 85018 |
Karl Chowscano | other: Consultant | 5060 N. 40TH STREET, SUITE 120, PHOENIX AZ 85018 |
Chetan Gulati | director | 28 REICHERT CIRCLE, WESTPORT CT 06880 |
Keith Edward Adams | officer: Chief Financial Officer | 108 S. WETHERLY DRIVE, UNIT 4, LOS ANGELES CA 90048 |
Robert E Hunt | director | C/O GROWLIFE, INC., 20301 VENTURA BLVD., SUITE 126, WOODLAND HILLS CA 91364 |
Amit Ramanlal Patel | director | 3305 PINE AVENUE, MANHATTAN BEACH CA 90266 |
Kathi P Lentzsch | director | 5060 N 40TH STREET STE 120, PHOENIX AZ 85018 |
Andrew Thut | officer: Chief Investment Officer | 5060 N. 40TH STREET, SUITE 120, PHOENIX AZ 85018 |
Joseph R Feltham | officer: Chief Operating Officer | 5060 N. 40TH STREET, STE 120, PHOENIX AZ 85018 |
Eric J. Rey | director | ARCADIA BIOSCIENCES, INC., 202 COUSTEAU PLACE, SUITE 105, DAVIS CA 95618 |
Nicolle Dorsey | officer: Chief Financial Officer | C/O REAL GOODS SOLAR, INC., 110 16TH STREET, 3RD FLOOR, DENVER CO 80202 |
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