SSMTF (Sensible Meats) Days Inventory: 0.00 (As of Aug. 2024)


What is Sensible Meats Days Inventory?

Sensible Meats SSMTF Days Inventory is 0.00 as of Aug. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Sensible Meats's Average Total Inventories for the three months ended in Aug. 2024 was $0.00 Mil. Sensible Meats's Cost of Goods Sold for the three months ended in Aug. 2024 was $0.00 Mil.

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

SSMTF's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 82.85
* Ranked among companies with meaningful Days Inventory only.

Sensible Meats's Days Inventory stayed the same from Aug. 2023 (0.00) to Aug. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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.


Sensible Meats  (OTCPK:SSMTF) 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.

Sensible Meats's Inventory Turnover for the three months ended in Aug. 2024 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.

Sensible Meats's Inventory to Revenue for the three months ended in Aug. 2024 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.


Sensible Meats Days Inventory Related Terms


Sensible Meats Days Inventory Historical Data

* Premium members only.

The historical data trend for Sensible Meats'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.

Sensible Meats Days Inventory Chart

Sensible Meats Annual Data
Trend Nov21 Nov22 Nov23
Days Inventory
0.00 0.00 0.00

Sensible Meats Quarterly Data
Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

SSMTF vs TLCC, AJYG, RIBT: Days Inventory Comparison

For the Packaged Foods subindustry, Sensible Meats'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.


Sensible Meats Days Inventory vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sensible Meats's Days Inventory distribution charts can be found below:

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



Sensible Meats Days Inventory Calculation

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

Sensible Meats's Days Inventory for the fiscal year that ended in Nov. 2023 is calculated as

Days Inventory (A: Nov. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Nov. 2022 ) + Total Inventories (A: Nov. 2023 )) / count ) / Cost of Goods Sold (A: Nov. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Sensible Meats's Days Inventory for the quarter that ended in Aug. 2024 is calculated as:

Days Inventory (Q: Aug. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: May. 2024 ) + Total Inventories (Q: Aug. 2024 )) / count ) / Cost of Goods Sold (Q: Aug. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 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?
Sensible Meats (SSMTF) has a Days Inventory of 0.00 as of Aug. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Sensible Meats and its competitors.
Is Sensible Meats' Days Inventory too high?
Sensible Meats' current Days Inventory is 0.00.
How does Sensible Meats' Days Inventory compare to TLCC and AJYG?
Sensible Meats' Days Inventory of 0.00 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Inventory is 82.85. 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 Consumer Packaged Goods company?
The median Days Inventory among Consumer Packaged Goods companies is 82.85, based on 1,865 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 Sensible Meats and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 82.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sensible Meats'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 Sensible Meats stock overvalued right now?
Sensible Meats (SSMTF) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. 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 Sensible Meats (SSMTF), the current Days Inventory is 0.00 as of Aug. 2024. 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.

Sensible Meats Business Description

Address 1450, 789 West Pender Street, Calgary, BC, CAN, V6C 1H2
Sensible Meats Inc is a plant-based food company that has designed and developed plant-based meat food alternatives and intends to distribute and sell its line of plant-based hot dogs. The company's first and primary product is a line of plant-based hotdogs.