High Tide (TSXV:HITI) Days Inventory: 48.22 (As of Apr. 2026) — 20% Above Median

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TSXV:HITI High Tide Inc TSXV:HITI
75 GF Score
Price C$2.97
GF Value C$3.71
Valuation Modestly Undervalued
! 5 Warning Signs
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What is High Tide Days Inventory?

High Tide TSXV:HITI -0.67% 75 Days Inventory is 48.22 as of Apr. 2026, which is 20% above its 10-year median of 40.09. GuruFocus rates TSXV:HITI with a GF Score™ of 75/100 and a GF Value™ of C$3.71 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 493 Healthcare Providers & Services companies, High Tide ranks worse than 57% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). High Tide's Average Total Inventories for the three months ended in Apr. 2026 was C$69.2 Mil. High Tide's Cost of Goods Sold for the three months ended in Apr. 2026 was C$130.9 Mil. Hence, High Tide's Days Inventory for the three months ended in Apr. 2026 was 48.22.

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

TSXV:HITI' s Days Inventory Range Over the Past 10 Years
Min: 25.29   Med: 40.09   Max: 244.69
Current: 39.04

During the past 9 years, High Tide's highest Days Inventory was 244.69. The lowest was 25.29. And the median was 40.09.

TSXV:HITI's Days Inventory is ranked worse than
57% of 493 companies
in the Healthcare Providers & Services industry
Industry Median: 29.67 vs TSXV:HITI: 39.04

High Tide's Days Inventory increased from Apr. 2025 (26.14) to Apr. 2026 (48.22). It might indicate that High Tide's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. High Tide's Inventory Turnover for the three months ended in Apr. 2026 was 1.89.

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. High Tide's Inventory-to-Revenue for the three months ended in Apr. 2026 was 0.39.


High Tide  (TSXV:HITI) 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.

High Tide's Inventory Turnover for the three months ended in Apr. 2026 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.

High Tide's Inventory to Revenue for the three months ended in Apr. 2026 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.


High Tide Days Inventory Related Terms


High Tide Days Inventory Historical Data

* Premium members only.

The historical data trend for High Tide'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.

High Tide Days Inventory Chart

High Tide Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Days Inventory
Get a 7-Day Free Trial Premium Member Only 35.43 28.85 25.29 26.58 40.09

High Tide Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 26.14 24.76 37.05 45.67 48.22

High Tide Days Inventory Competitor Comparison

For the Pharmaceutical Retailers subindustry, High Tide'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.


High Tide Days Inventory vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, High Tide's Days Inventory distribution charts can be found below:

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


TSXV:HITI
75GF Score
High Tide Inc TSXV:HITI
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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High Tide Days Inventory Calculation

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

High Tide's Days Inventory for the fiscal year that ended in Oct. 2025 is calculated as

Days Inventory (A: Oct. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2024 ) + Total Inventories (A: Oct. 2025 )) / count ) / Cost of Goods Sold (A: Oct. 2025 )*Days in Period
=( (29.338 + 67.406) / 2 ) / 440.456*365
=48.372 / 440.456*365
=40.09

High Tide's Days Inventory for the quarter that ended in Apr. 2026 is calculated as:

Days Inventory (Q: Apr. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jan. 2026 ) + Total Inventories (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (66.655 + 71.7) / 2 ) / 130.905*365 / 4
=69.1775 / 130.905*365 / 4
=48.22

* 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 48.22 mean?
High Tide (TSXV:HITI) has a Days Inventory of 48.22 as of Apr. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on High Tide and its competitors. This is 20% above median its historical median of 40.09. Over the past decade, High Tide's Days Inventory has ranged from 25.29 to 244.69. According to the industry distribution chart, High Tide ranks #281 out of 493 companies in the Healthcare Providers & Services industry, placing it in the top 57%.
Is High Tide's Days Inventory too high?
High Tide's current Days Inventory of 48.22 is 20% above median its 10-year median of 40.09. Over the past 10 years, this metric has ranged from a low of 25.29 to a high of 244.69. The Healthcare Providers & Services industry median Days Inventory is 29.67. High Tide's value of 48.22 is 62.5% above this industry median. Based on the distribution chart, High Tide ranks #281 out of 493 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, High Tide has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Tide's Days Inventory compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, High Tide ranks #281 out of 493 companies for Days Inventory. This places High Tide in the lower half of its industry. The industry median Days Inventory is 29.67. High Tide's value of 48.22 is 62.5% above this benchmark. Historically, High Tide's own Days Inventory has ranged from 25.29 to 244.69 over the past decade. While the company's 10-year median is 40.09 vs. the industry median of 29.67, High Tide has consistently been above the industry average. 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 Healthcare Providers & Services company?
The median Days Inventory among Healthcare Providers & Services companies is 29.67, based on 493 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. High Tide's current Days Inventory of 48.22 is 62.5% above 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 High Tide and its competitors. For the Healthcare Providers & Services industry, the median Days Inventory is 29.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Tide's current Days Inventory is 48.22, which is 20% above median its own 10-year median of 40.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Tide stock overvalued right now?
Based on GuruFocus' analysis, High Tide (TSXV:HITI) is currently considered Modestly Undervalued. The stock's GF Value™ is C$3.71, compared to a current price of C$2.97 — trading 19.9% below its estimated fair value. The current Days Inventory is 48.22, which is 20% above median its 10-year median of 40.09 and 62.5% above the Healthcare Providers & Services industry median of 29.67. High Tide's overall GF Score™ is 75/100 with 5 warning signs to review. 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 High Tide (TSXV:HITI), the current Days Inventory is 48.22 as of Apr. 2026. 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.

Is High Tide (TSXV:HITI) Overvalued in 2026?

Based on GuruFocus' analysis, High Tide stock appears to be undervalued. The current stock price of C$2.97 is trading 19.9% below its estimated GF Value™ of C$3.71. GuruFocus considers High Tide to be Modestly Undervalued.

Key valuation signals for TSXV:HITI:

  • Days Inventory: 48.22 (20% above median its 10-year median of 40.09)
  • GF Value™: C$3.71 vs. price of C$2.97 (19.9% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 62.5% above the Healthcare Providers & Services median (#281 of 493)

No single metric tells the full story. See the TSXV:HITI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


High Tide Business Description

Other Exchanges HITI:USA2LYA:Germany
Address 11127 - 15 Street NE, Unit 112, Calgary, AB, CAN, T3K 2M4
High Tide Inc is a downstream-focused retailer of cannabis products, distributor, and seller of smoking accessories and cannabis lifestyle products. It is a vertically integrated company in the Canadian cannabis market with various brands in its portfolio such as Canna Cabana, Fastendr, Queen of Bud, Grasscity, Daily High Club, and others. The company's reportable operating segments are: Bricks and mortar, which generates maximum revenue, and E-commerce. Geographically, it derives maximum revenue from its business in Canada, followed by the United States of America, and other international markets.
75GF Score

Get the complete analysis for TSXV:HITI

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

C$2.97
Price
C$3.71
GF Value