MMNFQ (MedMen Enterprises) Days Inventory: 91.87 (As of Mar. 2023)


What is MedMen Enterprises Days Inventory?

MedMen Enterprises MMNFQ -90.00% Days Inventory is 91.87 as of Mar. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). MedMen Enterprises's Average Total Inventories for the three months ended in Mar. 2023 was $14.2 Mil. MedMen Enterprises's Cost of Goods Sold for the three months ended in Mar. 2023 was $14.1 Mil. Hence, MedMen Enterprises's Days Inventory for the three months ended in Mar. 2023 was 91.87.

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

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

MedMen Enterprises's Days Inventory increased from Mar. 2022 (82.62) to Mar. 2023 (91.87). It might indicate that MedMen Enterprises's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. MedMen Enterprises's Inventory Turnover for the three months ended in Mar. 2023 was 0.99.

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. MedMen Enterprises's Inventory-to-Revenue for the three months ended in Mar. 2023 was 0.52.


MedMen Enterprises  (OTCPK:MMNFQ) 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.

MedMen Enterprises's Inventory Turnover for the three months ended in Mar. 2023 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.

MedMen Enterprises's Inventory to Revenue for the three months ended in Mar. 2023 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.


MedMen Enterprises Days Inventory Related Terms


MedMen Enterprises Days Inventory Historical Data

* Premium members only.

The historical data trend for MedMen Enterprises'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.

MedMen Enterprises Days Inventory Chart

MedMen Enterprises Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.60 89.82 84.29 93.62 66.82

MedMen Enterprises Quarterly Data
Apr18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 82.62 62.36 57.46 71.71 91.87

MMNFQ vs ZTS, VTRS, NBIX: Days Inventory Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, MedMen Enterprises'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.


MedMen Enterprises Days Inventory vs Drug Manufacturers Industry

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

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



MedMen Enterprises Days Inventory Calculation

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

MedMen Enterprises's Days Inventory for the fiscal year that ended in Jun. 2022 is calculated as

Days Inventory (A: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2021 ) + Total Inventories (A: Jun. 2022 )) / count ) / Cost of Goods Sold (A: Jun. 2022 )*Days in Period
=( (16.014 + 10.011) / 2 ) / 71.085*365
=13.0125 / 71.085*365
=66.82

MedMen Enterprises'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
=( (13.675 + 14.669) / 2 ) / 14.077*365 / 4
=14.172 / 14.077*365 / 4
=91.87

* 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 91.87 mean?
MedMen Enterprises (MMNFQ) has a Days Inventory of 91.87 as of Mar. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on MedMen Enterprises and its competitors.
Is MedMen Enterprises' Days Inventory too high?
MedMen Enterprises' current Days Inventory is 91.87. The Drug Manufacturers industry median Days Inventory is 164.43. MedMen Enterprises' value of 91.87 is 44.1% below this industry median.
How does MedMen Enterprises' Days Inventory compare to ZTS and VTRS?
MedMen Enterprises' Days Inventory of 91.87 can be compared against companies in the Drug Manufacturers industry. The industry median Days Inventory is 164.43. MedMen Enterprises' value of 91.87 is 44.1% 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 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. MedMen Enterprises's current Days Inventory of 91.87 is 44.1% 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 MedMen Enterprises 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. MedMen Enterprises's current Days Inventory is 91.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MedMen Enterprises stock overvalued right now?
MedMen Enterprises (MMNFQ) has a current Days Inventory of 91.87. The current Days Inventory is 91.87 and 44.1% below 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 MedMen Enterprises (MMNFQ), the current Days Inventory is 91.87 as of Mar. 2023. 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.

MedMen Enterprises Business Description

Address 8740 S Sepulveda Boulevard, Suite 105, Los Angeles, CA, USA, 90045
MedMen Enterprises Inc is a American cannabis company dedicated to improving life with Cannabis for All. With operations across the United States in California, Nevada, Illinois, Arizona, Massachusetts, and New York, the company has MedMen and LuxLyte brands offering cannabis in consumer-preferred product forms for medical and recreational use. It produces and curates the consumer product assortment for retail operations in its local communities, and drives consumer loyalty with service and engaging in-store experience, combined with reward, delivery, and e-commerce programs.