JKSM (Jacksam) Days Inventory : 0.00 (As of Sep. 2024)

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What is Jacksam Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jacksam's Average Total Inventories for the three months ended in Sep. 2024 was $0.00 Mil. Jacksam's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.16 Mil. Hence, Jacksam's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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

JKSM' s Days Inventory Range Over the Past 10 Years
Min: 14.49 Med: 43.61 Max: 87.84
Current: 87.84

During the past 13 years, Jacksam's highest Days Inventory was 87.84. The lowest was 14.49. And the median was 43.61.

JKSM's Days Inventory is ranked better than
68.77% of 2904 companies
in the Industrial Products industry
Industry Median: 121.88 vs JKSM: 87.84

Jacksam's Days Inventory declined from Sep. 2023 (214.88) to Sep. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Jacksam's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.00.

Jacksam Days Inventory Historical Data

The historical data trend for Jacksam'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.

* Premium members only.

Jacksam Days Inventory Chart

Jacksam Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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48.56

38.66

14.49

22.75

64.18

Jacksam 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															214.88	41.85	-	-	-

Competitive Comparison of Jacksam's Days Inventory

For the Specialty Industrial Machinery subindustry, Jacksam'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.

Jacksam's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jacksam's Days Inventory distribution charts can be found below:

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

Jacksam Days Inventory Calculation

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

Jacksam'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
=	( (0.214	+	0)	/	1 )	/	1.217	*	365
=	0.214					/	1.217	*	365
=	64.18

Jacksam'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
=	( (0	+	0)	/	1 )	/	0.159	*	365 / 4
=	0					/	0.159	*	365 / 4
=	0.00

Jacksam (OTCPK:JKSM) 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.

Jacksam's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.159	/	0
	=

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.

Jacksam's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.151
	=	0.00

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.

Jacksam Days Inventory Related Terms

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

Jacksam Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jacksam Corp (OTCPK:JKSM) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3100 Airway Avenue, Suite 138, Costa Mesa, CA, USA, 92626

Website

http://www.jacksamcorp.com

Jacksam Corp is a technology company focused on developing and commercializing products utilizing a proprietary technology platform. The company services the medical cannabis, hemp, and CBD segments of the larger e-cigarette and vaporizer markets with oil vaporizer-focused products. It offers capping, vaporizer cartridge filling, and automation systems. The company's product line consists of the 710 Shark cartridge filling machine, the 710 Captain cartridge capping machine, the PreRoll-ER automated pre-roll & cone filling machine, and cartridges. The Company derives revenues from the sale of machines and non-machine products.

Executives

Daniel Lee Davis	10 percent owner	31 ARBOR WALK LN, RANCHO SANTA MARGARITA CA 92688
Theodore Winston	director	394 HAMMOND STREET, CHESTNUT HILL MA 02467
Hagen Donald Robert Jr	director	15 CORN FLOWER ST, COTO DE CAZA CA 92679
Scott Wessler	director	5 BOARDWALK, NEWPORT BEACH CA 92660
Michael Sakala	officer: CFO & Secretary	21662 OCEAN VISTA DR, APT C, LAGUNA BEACH CA 92651
Mark Adams	director, officer: CEO	4440 VON KARMAN AVENUE, SUITE 220, NEWPORT BEACH CA 92660
Yanhong Deng	director	ROOM 600, N. TUANJIEHU STREET, CHAOYANG DISTRICT, BEIJING F4 100026
Xiangyang Liu	director	ROOM 600, N. TUANJIEHU STREET, CHAOYANG DISTRICT, BEIJING F4 100026
Beijing Hua Hui Hengye Investement Ltd.	10 percent owner	PINE VALLEY CENTER, 11TH FLOOR, 8 JIANGGUO MEN OUTER STREET, BEIJING J0 100022
Redrock Capital Venture Ltd.	10 percent owner	ORIENTAL PLAZA BLDG W3 12TH FL, EAST CHANG'AN AVE DONGCHENG DISTRICT, BEIJING F4 100738
Carla Zhou	officer: Chief Financial Officer	ORIENTAL PLAZA, 1 EAST CHANG'AN AVE,, DONGCHENGDISTRICT, BEIJING F4 100738
Zengjie Chen	10 percent owner	NO. 16 ROOM 402, E MEI ROAD 366, HONGKOU DISTRICT, SHANGHAI F4 00000
Union Max Enterprises Ltd	10 percent owner	16F A BUSINESS OFFICE E. AREA OF CENTURY, GOLDEN RESOURCES HOTEL NO. 69 BANJING RD, HAIDIAN DISTRICT, BE F4 100097
Her Village Ltd	10 percent owner	8/F, CRAWFORD TOWER, 99 JERVOIS STREET SHEUNG WAN, HONG KONG K3 100738
Professional Offshore Opportunity Fund, Ltd.	10 percent owner	1400 OLD COUNTRY ROAD, SUITE 206, WESTBURY NY 11590