TPCO Holding (TPCO Holding) Days Inventory : 69.79 (As of Mar. 2023)

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What is TPCO Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TPCO Holding's Average Total Inventories for the three months ended in Mar. 2023 was $7.86 Mil. TPCO Holding's Cost of Goods Sold for the three months ended in Mar. 2023 was $10.27 Mil. Hence, TPCO Holding's Days Inventory for the three months ended in Mar. 2023 was 69.79.

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

GRMWF' s Days Inventory Range Over the Past 10 Years
Min: 93.54 Med: 107.32 Max: 121.09
Current: 97.12

During the past 4 years, TPCO Holding's highest Days Inventory was 121.09. The lowest was 93.54. And the median was 107.32.

GRMWF's Days Inventory is not ranked
in the Drug Manufacturers industry.
Industry Median: 158.38 vs GRMWF: 97.12

TPCO Holding's Days Inventory declined from Mar. 2022 (142.68) to Mar. 2023 (69.79).

Inventory Turnover measures how fast the company turns over its inventory within a year. TPCO Holding's Inventory Turnover for the three months ended in Mar. 2023 was 1.31.

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. TPCO Holding's Inventory-to-Revenue for the three months ended in Mar. 2023 was 0.44.

TPCO Holding Days Inventory Historical Data

The historical data trend for TPCO Holding'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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TPCO Holding Days Inventory Chart

TPCO Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Inventory

121.09

97.94

TPCO Holding Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Days Inventory	Get a 7-Day Free Trial									142.68	101.08	122.37	83.20	69.79

Competitive Comparison of TPCO Holding's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, TPCO Holding'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.

TPCO Holding's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where TPCO Holding's Days Inventory falls into.

TPCO Holding Days Inventory Calculation

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

TPCO Holding's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (22.197	+	8.728)	/	2 )	/	57.627	*	365
=	15.4625					/	57.627	*	365
=	97.94

TPCO Holding's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (8.728	+	6.986)	/	2 )	/	10.273	*	365 / 4
=	7.857					/	10.273	*	365 / 4
=	69.79

TPCO Holding (OTCPK:GRMWF) 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.

TPCO Holding's Inventory Turnover for the three months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10.273	/	7.857
	=	1.31

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.

TPCO Holding's Inventory to Revenue for the three months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.857	/	18.054
	=	0.44

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.

TPCO Holding Days Inventory Related Terms

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TPCO Holding (TPCO Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TPCO Holding Corp (OTCPK:GRMWF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1550 Leigh Avenue, San Jose, CA, USA, 95125

Website

https://www.theparent.co

TPCO Holding Corp is a consumer-focused cannabis company based in the United States focused on the recreational and wellness markets. Its operational footprint spans cultivation, extraction, manufacturing, distribution, brands, retail and delivery. The company's sales channels include Direct Consumer and Wholesale, of which key revenue is derived from the Wholesale channel which includes the company selling first-party and selected third-party products into 450 dispensaries across California. Additional wholesale revenue comes from sales of sourced bulk flowers and oil produced in-house. It has one segment engaged in the cultivation, manufacturing, distribution and sale of cannabis within the State of California.