MJARF (MJardin Group) Days Inventory: 216.74 (As of Sep. 2021)


What is MJardin Group Days Inventory?

MJardin Group MJARF -99.00% Days Inventory is 216.74 as of Sep. 2021.

Days Inventory is also known as Days Sales of Inventory (DSI). MJardin Group's Average Total Inventories for the three months ended in Sep. 2021 was $6.57 Mil. MJardin Group's Cost of Goods Sold for the three months ended in Sep. 2021 was $2.77 Mil. Hence, MJardin Group's Days Inventory for the three months ended in Sep. 2021 was 216.74.

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

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

MJardin Group's Days Inventory increased from Sep. 2020 (113.84) to Sep. 2021 (216.74). It might indicate that MJardin Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. MJardin Group's Inventory Turnover for the three months ended in Sep. 2021 was 0.42.

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. MJardin Group's Inventory-to-Revenue for the three months ended in Sep. 2021 was 6.29.


MJardin Group  (OTCPK:MJARF) 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.

MJardin Group's Inventory Turnover for the three months ended in Sep. 2021 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.

MJardin Group's Inventory to Revenue for the three months ended in Sep. 2021 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.


MJardin Group Days Inventory Related Terms


MJardin Group Days Inventory Historical Data

* Premium members only.

The historical data trend for MJardin Group'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.

MJardin Group Days Inventory Chart

MJardin Group Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Dec19 Dec20
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 14.11 213.80

MJardin Group Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 113.84 1,123.55 0.00 323.19 216.74

MJARF vs EAPH, FPSUF, GCAN: Days Inventory Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, MJardin Group'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.


MJardin Group Days Inventory vs Drug Manufacturers Industry

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

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



MJardin Group Days Inventory Calculation

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

MJardin Group's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0.505 + 4.761) / 2 ) / 4.495*365
=2.633 / 4.495*365
=213.80

MJardin Group's Days Inventory for the quarter that ended in Sep. 2021 is calculated as:

Days Inventory (Q: Sep. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2021 ) + Total Inventories (Q: Sep. 2021 )) / count ) / Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=( (7.356 + 5.779) / 2 ) / 2.765*365 / 4
=6.5675 / 2.765*365 / 4
=216.74

* 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 216.74 mean?
MJardin Group (MJARF) has a Days Inventory of 216.74 as of Sep. 2021. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on MJardin Group and its competitors.
Is MJardin Group's Days Inventory too high?
MJardin Group's current Days Inventory is 216.74. The Drug Manufacturers industry median Days Inventory is 164.43. MJardin Group's value of 216.74 is 31.8% above this industry median.
How does MJardin Group's Days Inventory compare to EAPH and FPSUF?
MJardin Group's Days Inventory of 216.74 can be compared against companies in the Drug Manufacturers industry. The industry median Days Inventory is 164.43. MJardin Group's value of 216.74 is 31.8% 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. MJardin Group's current Days Inventory of 216.74 is 31.8% 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 MJardin Group 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. MJardin Group's current Days Inventory is 216.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MJardin Group stock overvalued right now?
MJardin Group (MJARF) has a current Days Inventory of 216.74. The current Days Inventory is 216.74 and 31.8% 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 MJardin Group (MJARF), the current Days Inventory is 216.74 as of Sep. 2021. 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.

MJardin Group Business Description

Address 1 Toronto Street, Suite 801, Toronto, ON, CAN, M5C 2V6
MJardin Group Inc is a Canada based cannabis cultivation and management company. It is engaged in the cultivation, processing, and distribution of medical cannabis. The company's operating segment includes Cultivation management in USA and Cultivation operations in Canada. It generates maximum revenue from the Cultivation management in USA segment. Cultivation management in USA segment engaged in the management services to owners of cultivation and dispensary facilities. The services provided are consulting, design, operational, and other management services.