GRAM (Gold Flora) Days Inventory: 88.51 (As of Sep. 2024)


What is Gold Flora Days Inventory?

Gold Flora GRAM -90.00% Days Inventory is 88.51 as of Sep. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Gold Flora's Average Total Inventories for the three months ended in Sep. 2024 was $18.6 Mil. Gold Flora's Cost of Goods Sold for the three months ended in Sep. 2024 was $19.1 Mil. Hence, Gold Flora's Days Inventory for the three months ended in Sep. 2024 was 88.51.

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

GRAM's Days Inventory is not ranked *
in the Tobacco Products industry.
Industry Median: 134.79
* Ranked among companies with meaningful Days Inventory only.

Gold Flora's Days Inventory increased from Sep. 2023 (67.34) to Sep. 2024 (88.51). It might indicate that Gold Flora's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gold Flora's Inventory Turnover for the three months ended in Sep. 2024 was 1.03.

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. Gold Flora's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.57.


Gold Flora  (OTCPK:GRAM) 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.

Gold Flora's Inventory Turnover for the three months ended in Sep. 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.

Gold Flora's Inventory to Revenue for the three months ended in Sep. 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.


Gold Flora Days Inventory Related Terms


Gold Flora Days Inventory Historical Data

* Premium members only.

The historical data trend for Gold Flora'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.

Gold Flora Days Inventory Chart

Gold Flora Annual Data
Trend Dec22 Dec23
Days Inventory
57.12 81.72

Gold Flora Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Inventory Get a 7-Day Free Trial Premium Member Only 67.34 100.74 79.24 71.82 88.51

GRAM vs PM, MO, TPB: Days Inventory Comparison

For the Tobacco subindustry, Gold Flora'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.


Gold Flora Days Inventory vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Gold Flora's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gold Flora's Days Inventory falls into.



Gold Flora Days Inventory Calculation

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

Gold Flora'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
=( (7.82 + 18.372) / 2 ) / 58.49*365
=13.096 / 58.49*365
=81.72

Gold Flora'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
=( (18.347 + 18.78) / 2 ) / 19.138*365 / 4
=18.5635 / 19.138*365 / 4
=88.51

* 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 88.51 mean?
Gold Flora (GRAM) has a Days Inventory of 88.51 as of Sep. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Gold Flora and its competitors.
Is Gold Flora's Days Inventory too high?
Gold Flora's current Days Inventory is 88.51. The Tobacco Products industry median Days Inventory is 134.79. Gold Flora's value of 88.51 is 34.3% below this industry median.
How does Gold Flora's Days Inventory compare to PM and MO?
Gold Flora's Days Inventory of 88.51 can be compared against companies in the Tobacco Products industry. The industry median Days Inventory is 134.79. Gold Flora's value of 88.51 is 34.3% 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 Tobacco Products company?
The median Days Inventory among Tobacco Products companies is 134.79, based on 47 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. Gold Flora's current Days Inventory of 88.51 is 34.3% 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 Gold Flora and its competitors. For the Tobacco Products industry, the median Days Inventory is 134.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gold Flora's current Days Inventory is 88.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Flora stock overvalued right now?
Gold Flora (GRAM) has a current Days Inventory of 88.51. The current Days Inventory is 88.51 and 34.3% below the Tobacco Products industry median of 134.79. 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 Gold Flora (GRAM), the current Days Inventory is 88.51 as of Sep. 2024. 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.

Gold Flora Business Description

Address 3165 Red Hill Avenue, Costa Mesa, CA, USA, 92626
Gold Flora Corp is one of the few cannabis brands that is vertically integrated and woman-owned and operated. Gold Flora started with a mission to provide an easy and consistent way for consumers to enjoy cannabis. After years of hard work and a shared passion for the plant, Gold Flora has become a California powerhouse - with cultivation, manufacturing, extraction, distribution, retail, and a portfolio of brands that create an array of superior products that make a difference in people's lives. Its products include disposable vape pens and gold flora flowers.