GPFT (Grapefruit USA) Days Inventory: 180.93 (As of Sep. 2023)


What is Grapefruit USA Days Inventory?

Grapefruit USA GPFT +0.67% Days Inventory is 180.93 as of Sep. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). Grapefruit USA's Average Total Inventories for the three months ended in Sep. 2023 was $0.17 Mil. Grapefruit USA's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.09 Mil. Hence, Grapefruit USA's Days Inventory for the three months ended in Sep. 2023 was 180.93.

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

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

Grapefruit USA's Days Inventory declined from Dec. 2021 (190.10) to Sep. 2023 (180.93).

Inventory Turnover measures how fast the company turns over its inventory within a year. Grapefruit USA's Inventory Turnover for the three months ended in Sep. 2023 was 0.50.

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.


Grapefruit USA  (OTCPK:GPFT) 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.

Grapefruit USA's Inventory Turnover for the three months ended in Sep. 2023 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.

Grapefruit USA's Inventory to Revenue for the three months ended in Sep. 2023 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.


Grapefruit USA Days Inventory Related Terms


Grapefruit USA Days Inventory Historical Data

* Premium members only.

The historical data trend for Grapefruit USA'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.

Grapefruit USA Days Inventory Chart

Grapefruit USA Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 136.10 41.21 145.32

Grapefruit USA Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Sep23
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 190.10 489.20 203.34 490.29 180.93

GPFT vs KAYS, KOAN, MJNE: Days Inventory Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Grapefruit USA'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.


Grapefruit USA Days Inventory vs Drug Manufacturers Industry

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

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



Grapefruit USA Days Inventory Calculation

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

Grapefruit USA's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0.502 + 0.389) / 2 ) / 1.119*365
=0.4455 / 1.119*365
=145.32

Grapefruit USA's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.338 + 0.007) / 2 ) / 0.087*365 / 4
=0.1725 / 0.087*365 / 4
=180.93

* 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 180.93 mean?
Grapefruit USA (GPFT) has a Days Inventory of 180.93 as of Sep. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Grapefruit USA and its competitors.
Is Grapefruit USA's Days Inventory too high?
Grapefruit USA's current Days Inventory is 180.93. The Drug Manufacturers industry median Days Inventory is 164.43. Grapefruit USA's value of 180.93 is 10% above this industry median.
How does Grapefruit USA's Days Inventory compare to KAYS and KOAN?
Grapefruit USA's Days Inventory of 180.93 can be compared against companies in the Drug Manufacturers industry. The industry median Days Inventory is 164.43. Grapefruit USA's value of 180.93 is 10% 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 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. Grapefruit USA's current Days Inventory of 180.93 is 10% 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 Grapefruit USA 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. Grapefruit USA's current Days Inventory is 180.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grapefruit USA stock overvalued right now?
Grapefruit USA (GPFT) has a current Days Inventory of 180.93. The current Days Inventory is 180.93 and 10% above 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 Grapefruit USA (GPFT), the current Days Inventory is 180.93 as of Sep. 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.

Grapefruit USA Business Description

Address 10850 Wilshire Boulevard, Suite 710, Los Angeles, CA, USA, 90024
Grapefruit USA Inc currently has no operations. It is actively seeking a strategic merger partner with the goal of completing a business combination.