OGI (Organigram Global) Days Inventory : 300.97 (As of Dec. 2024)

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What is Organigram Global Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Organigram Global's Average Total Inventories for the three months ended in Dec. 2024 was $66.9 Mil. Organigram Global's Cost of Goods Sold for the three months ended in Dec. 2024 was $20.3 Mil. Hence, Organigram Global's Days Inventory for the three months ended in Dec. 2024 was 300.97.

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

OGI' s Days Inventory Range Over the Past 10 Years
Min: 187.07 Med: 245.04 Max: 1925.22
Current: 284.89

During the past 12 years, Organigram Global's highest Days Inventory was 1925.22. The lowest was 187.07. And the median was 245.04.

OGI's Days Inventory is ranked worse than
83.57% of 931 companies
in the Drug Manufacturers industry
Industry Median: 157.55 vs OGI: 284.89

Organigram Global's Days Inventory increased from Dec. 2023 (249.10) to Dec. 2024 (300.97). It might indicate that Organigram Global's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Organigram Global's Inventory Turnover for the three months ended in Dec. 2024 was 0.30.

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. Organigram Global's Inventory-to-Revenue for the three months ended in Dec. 2024 was 2.23.

Organigram Global Days Inventory Historical Data

The historical data trend for Organigram Global'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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Organigram Global Days Inventory Chart

Organigram Global Annual Data

Trend

Apr14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Sep24

Days Inventory

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1,027.05

235.86

198.78

189.04

250.44

Organigram Global Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															249.10	268.96	283.98	274.97	300.97

Competitive Comparison of Organigram Global's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Organigram Global'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.

Organigram Global's Days Inventory Distribution in the Drug Manufacturers Industry

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

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

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Organigram Global Days Inventory Calculation

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

Organigram Global's Days Inventory for the fiscal year that ended in Sep. 2024 is calculated as

	Days Inventory (A: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Aug. 2022 )	+	Total Inventories (A: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2024 )	*	Days in Period
=	( (52.862	+	60.921)	/	2 )	/	82.916	*	365
=	56.8915					/	82.916	*	365
=	250.44

Organigram Global's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (60.921	+	72.965)	/	2 )	/	20.296	*	365 / 4
=	66.943					/	20.296	*	365 / 4
=	300.97

Organigram Global (NAS:OGI) 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.

Organigram Global's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	20.296	/	66.943
	=	0.30

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.

Organigram Global's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	66.943	/	29.992
	=	2.23

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.

Organigram Global Days Inventory Related Terms

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Organigram Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Organigram Global Inc (NAS:OGI) » Definitions » Days Inventory

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Traded in Other Exchanges

0OG:Germany OGI:Canada

Address

145 King Street West, Suite 1400, Toronto, ON, CAN, M5H 1J8

Website

https://www.organigram.ca

Organigram Global Inc is a licensed cultivator of cannabis and manufacturer of cannabis-derived goods in Canada. It is is focused on producing high-quality cannabis for adult recreational consumers. It has also developed and acquired a portfolio of legal adult-use recreational cannabis brands, including Edison, Holy Mountain, Big Bag O' Buds, SHRED, SHRED'ems, Monjour, Tremblant Cannabis, Trailblazer, BOXHOT and DEBUNK. Organigram operates facilities in Moncton, New Brunswick and Lac-Superieur, Quebec, with a dedicated edibles manufacturing facility in Winnipeg, Manitoba.