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

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What is Grapefruit USA Days Inventory?

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 Range Over the Past 10 Years
Min: 2.16 Med: 67.01 Max: 723.71
Current: 723.71

During the past 13 years, Grapefruit USA's highest Days Inventory was 723.71. The lowest was 2.16. And the median was 67.01.

GPFT's Days Inventory is ranked worse than
96.8% of 970 companies
in the Drug Manufacturers industry
Industry Median: 158.075 vs GPFT: 723.71

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

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

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 Days Inventory Historical Data

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.

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Grapefruit USA Days Inventory Chart

Grapefruit USA Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Inventory

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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															190.10	489.20	203.34	490.29	180.93

Competitive Comparison of Grapefruit USA's Days Inventory

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's Days Inventory Distribution in the 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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.087	/	0.1725
	=	0.50

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.1725	/	0
	=

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

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

Grapefruit USA (Grapefruit USA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Grapefruit USA Inc (OTCPK:GPFT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

10866 Wilshire Boulevard, Suite 225, Los Angeles, CA, USA, 90024

Website

https://grapefruitblvd.com

Grapefruit USA Inc manufactures and distributes cannabis-based products. Its extraction lab produces high-quality distillate or Honey Oil from trim that Grapefruit sources through its Distribution arm. The company is a premier licensed Distributor of all things cannabis throughout the State of California. It serves licensed Medicinal and Recreational Dispensaries. Its patented product is Hourglass Cream. Grapefruit owns and operates a California-licensed cannabis extraction laboratory and wholesale distribution facility in the Coachillin' Canna-Business Park near Palm Springs, California.

Executives

Bradley J Yourist	director, 10 percent owner, officer: Chairman and CEO	10866 WILSHIRE BLVD, #225, LOS ANGELES CA 90024
Daniel J. Yourist	director, 10 percent owner, officer: Board of Directors and COO	10866 WILSHIRE BLVD, SUITE 225, LOS ANGELES CA 90024
Dane Medley	director, officer: CEO/Chairman	10553 CAMARILLO STREET, TOLUCA LAKE CA 91602
Emilio Xavier Aguilera	director, officer: Chief Financial Officer	16827 HALSEY STREET, GRANADA HILLS CA 91344
Dean Janes	officer: CHIEF EXECUTIVE OFFICER	3200 W. VALHALLA DRIVE, BURBANK CA 91505
Christopher Sohn	director, officer: President and COO	3200 W. VALHALLA DRIVE, BURBANK CA 91505
Xavier Aguilera	director, officer: CFO/Treasurer,Exec.V.P.& Secy	3200 W. VALHALLA DRIVE, BURBANK CA 91505
Michele Janes	officer: Vice President of Admin.	3200 W. VALHALLA DRIVE, BURBANK CA 91505