SGMD (Sugarmade) Days Inventory: 0.00 (As of Jun. 2023)

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SGMD Sugarmade Inc SGMD
12 GF Score
Price $0.00
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What is Sugarmade Days Inventory?

Sugarmade SGMD 12 Days Inventory is 0.00 as of Jun. 2023. GuruFocus rates SGMD with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Sugarmade's Average Total Inventories for the three months ended in Jun. 2023 was $0.33 Mil. Sugarmade's Cost of Goods Sold for the three months ended in Jun. 2023 was $0.00 Mil.

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

SGMD's Days Inventory is not ranked *
in the Forest Products industry.
Industry Median: 89.475
* Ranked among companies with meaningful Days Inventory only.

Sugarmade's Days Inventory declined from Mar. 2022 (107.93) to Jun. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sugarmade's Inventory Turnover for the three months ended in Jun. 2023 was 0.00.

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.


Sugarmade  (OTCPK:SGMD) 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.

Sugarmade's Inventory Turnover for the three months ended in Jun. 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.

Sugarmade's Inventory to Revenue for the three months ended in Jun. 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.


Sugarmade Days Inventory Related Terms


Sugarmade Days Inventory Historical Data

* Premium members only.

The historical data trend for Sugarmade'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.

Sugarmade Days Inventory Chart

Sugarmade Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.05 66.23 95.02 82.47 86.20

Sugarmade Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
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 107.93 77.32 79.62 141.31 0.00

SGMD vs CCRD, DHX, WFCF: Days Inventory Comparison

For the Paper & Paper Products subindustry, Sugarmade'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.


Sugarmade Days Inventory vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sugarmade's Days Inventory distribution charts can be found below:

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


SGMD
12GF Score
Sugarmade Inc SGMD
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Sugarmade Days Inventory Calculation

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

Sugarmade's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0.417 + 0.257) / 2 ) / 1.427*365
=0.337 / 1.427*365
=86.20

Sugarmade's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0.405 + 0.257) / 2 ) / 0*365 / 4
=0.331 / 0*365 / 4
=N/A

* 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 0.00 mean?
Sugarmade (SGMD) has a Days Inventory of 0.00 as of Jun. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Sugarmade and its competitors.
Is Sugarmade's Days Inventory too high?
Sugarmade's current Days Inventory is 0.00. Overall, Sugarmade has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Sugarmade's Days Inventory compare to CCRD and DHX?
Sugarmade's Days Inventory of 0.00 can be compared against companies in the Forest Products industry. The industry median Days Inventory is 89.48. 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 Forest Products company?
The median Days Inventory among Forest Products companies is 89.48, based on 270 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. 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 Sugarmade and its competitors. For the Forest Products industry, the median Days Inventory is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sugarmade's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sugarmade stock overvalued right now?
Sugarmade (SGMD) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Sugarmade's overall GF Score™ is 12/100. 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 Sugarmade (SGMD), the current Days Inventory is 0.00 as of Jun. 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.

Sugarmade Business Description

Address 20529 East Walnut Drive North, Walnut, CA, USA, 91789
Sugarmade Inc is engaged in the marketing and distribution of environmentally friendly non-tree-based paper products. It offers products such as double poly paper cups for cold beverages; disposable, clear, plastic cold cups, paper coffee cups, yogurt cups, ice cream cups, cup lids, cup sleeves, food containers, soup containers, plastic spoons, and many other similar products for this market sector. The company operates under through Carry Out Supplies Subsidiary brand. In addition, it is also involved in the manufacturing and distribution of products and technologies that support the legal cultivation and processing of cannabis and other agricultural products.
12GF Score

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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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