RMHB (Rocky Mountain High Brands) Days Inventory: 22.87 (As of Jun. 2020)


What is Rocky Mountain High Brands Days Inventory?

Rocky Mountain High Brands RMHB -10.00% Days Inventory is 22.87 as of Jun. 2020.

Days Inventory is also known as Days Sales of Inventory (DSI). Rocky Mountain High Brands's Average Total Inventories for the three months ended in Jun. 2020 was $0.19 Mil. Rocky Mountain High Brands's Cost of Goods Sold for the three months ended in Jun. 2020 was $0.74 Mil. Hence, Rocky Mountain High Brands's Days Inventory for the three months ended in Jun. 2020 was 22.87.

The historical rank and industry rank for Rocky Mountain High Brands's Days Inventory or its related term are showing as below:

RMHB's Days Inventory is not ranked *
in the Beverages - Non-Alcoholic industry.
Industry Median: 61.34
* Ranked among companies with meaningful Days Inventory only.

Rocky Mountain High Brands's Days Inventory declined from Jun. 2019 (953.45) to Jun. 2020 (22.87).

Inventory Turnover measures how fast the company turns over its inventory within a year. Rocky Mountain High Brands's Inventory Turnover for the three months ended in Jun. 2020 was 3.99.

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. Rocky Mountain High Brands's Inventory-to-Revenue for the three months ended in Jun. 2020 was 0.28.

Rocky Mountain High Brands  (OTCPK:RMHB) 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.

Rocky Mountain High Brands's Inventory Turnover for the three months ended in Jun. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.742 / 0.186
=3.99

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.

Rocky Mountain High Brands's Inventory to Revenue for the three months ended in Jun. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.186 / 0.669
=0.28

* 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.

Rocky Mountain High Brands Days Inventory Related Terms

Rocky Mountain High Brands Days Inventory Historical Data

* Premium members only.

The historical data trend for Rocky Mountain High Brands'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.

Rocky Mountain High Brands Days Inventory Chart

Rocky Mountain High Brands Annual Data
Trend Dec09 Jun10 Jun11 Jun12 Jun16 Jun17 Dec18 Dec19
Days Inventory
Get a 7-Day Free Trial 0.00 93.34 0.00 165.18 94.82

Rocky Mountain High Brands Quarterly Data
Dec09 Jun10 Dec10 Jun11 Jun12 Jun16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 953.45 64.87 141.82 96.72 22.87

RMHB vs MOJO, CIRX, JSDA: Days Inventory Comparison

For the Beverages - Non-Alcoholic subindustry, Rocky Mountain High Brands'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.

Rocky Mountain High Brands Days Inventory vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Rocky Mountain High Brands's Days Inventory distribution charts can be found below:

* The bar in red indicates where Rocky Mountain High Brands's Days Inventory falls into.


Rocky Mountain High Brands Days Inventory Calculation

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

Rocky Mountain High Brands's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

Days Inventory (A: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (0.147 + 0.238) / 2 ) / 0.741*365
=0.1925 / 0.741*365
=94.82

Rocky Mountain High Brands's Days Inventory for the quarter that ended in Jun. 2020 is calculated as:

Days Inventory (Q: Jun. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2020 ) + Total Inventories (Q: Jun. 2020 )) / count ) / Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=( (0.222 + 0.15) / 2 ) / 0.742*365 / 4
=0.186 / 0.742*365 / 4
=22.87

* 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 22.87 mean?
Rocky Mountain High Brands (RMHB) has a Days Inventory of 22.87 as of Jun. 2020. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Rocky Mountain High Brands and its competitors.
Is Rocky Mountain High Brands' Days Inventory too high?
Rocky Mountain High Brands' current Days Inventory is 22.87. The Beverages - Non-Alcoholic industry median Days Inventory is 61.34. Rocky Mountain High Brands' value of 22.87 is 62.7% below this industry median.
How does Rocky Mountain High Brands' Days Inventory compare to MOJO and CIRX?
Rocky Mountain High Brands' Days Inventory of 22.87 can be compared against companies in the Beverages - Non-Alcoholic industry. The industry median Days Inventory is 61.34. Rocky Mountain High Brands' value of 22.87 is 62.7% 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 Beverages - Non-Alcoholic company?
The median Days Inventory among Beverages - Non-Alcoholic companies is 61.34, based on 114 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. Rocky Mountain High Brands's current Days Inventory of 22.87 is 62.7% 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 Rocky Mountain High Brands and its competitors. For the Beverages - Non-Alcoholic industry, the median Days Inventory is 61.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rocky Mountain High Brands's current Days Inventory is 22.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rocky Mountain High Brands stock overvalued right now?
Rocky Mountain High Brands (RMHB) has a current Days Inventory of 22.87. The current Days Inventory is 22.87 and 62.7% below the Beverages - Non-Alcoholic industry median of 61.34. 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 Rocky Mountain High Brands (RMHB), the current Days Inventory is 22.87 as of Jun. 2020. 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.

Rocky Mountain High Brands Business Description

Address 12150 Shiloh Road, Suite 120, Dallas, TX, USA, 75228
Rocky Mountain High Brands Inc is a Dallas-based consumer goods company that offers energy drinks. The company specializes in developing, manufacturing, marketing, and distributing high-quality, health-conscious, cannabidiol and hemp-infused products that span various categories including beverage, food, fitness, skincare, and more. The company delivers a fresh line of clean-label energy drinks supercharged with hempseed, guarana, ginseng, and pure beet sugar.