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Gnomestar Craft (Gnomestar Craft) Days Inventory : 213.99 (As of Dec. 2021)


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What is Gnomestar Craft Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gnomestar Craft's Average Total Inventories for the three months ended in Dec. 2021 was $0.17 Mil. Gnomestar Craft's Cost of Goods Sold for the three months ended in Dec. 2021 was $0.07 Mil. Hence, Gnomestar Craft's Days Inventory for the three months ended in Dec. 2021 was 213.99.

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

VDQSF's Days Inventory is not ranked *
in the Drug Manufacturers industry.
Industry Median: 158.365
* Ranked among companies with meaningful Days Inventory only.

Gnomestar Craft's Days Inventory increased from Dec. 2020 (0.00) to Dec. 2021 (213.99). It might indicate that Gnomestar Craft's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gnomestar Craft's Inventory Turnover for the three months ended in Dec. 2021 was 0.43.

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. Gnomestar Craft's Inventory-to-Revenue for the three months ended in Dec. 2021 was 20.81.


Gnomestar Craft Days Inventory Historical Data

The historical data trend for Gnomestar Craft'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.

* Premium members only.

Gnomestar Craft Days Inventory Chart

Gnomestar Craft Annual Data
Trend Jun12 Jun13 Jun14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 99.78

Gnomestar Craft Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 - 38.27 - 122.11 213.99

Competitive Comparison of Gnomestar Craft's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Gnomestar Craft'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.


Gnomestar Craft's Days Inventory Distribution in the Drug Manufacturers Industry

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

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



Gnomestar Craft Days Inventory Calculation

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

Gnomestar Craft's Days Inventory for the fiscal year that ended in Mar. 2021 is calculated as

Days Inventory (A: Mar. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2020 ) + Total Inventories (A: Mar. 2021 )) / count ) / Cost of Goods Sold (A: Mar. 2021 )*Days in Period
=( (0 + 0.117) / 1 ) / 0.428*365
=0.117 / 0.428*365
=99.78

Gnomestar Craft's Days Inventory for the quarter that ended in Dec. 2021 is calculated as:

Days Inventory (Q: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2021 ) + Total Inventories (Q: Dec. 2021 )) / count ) / Cost of Goods Sold (Q: Dec. 2021 )*Days in Period
=( (0.182 + 0.151) / 2 ) / 0.071*365 / 4
=0.1665 / 0.071*365 / 4
=213.99

* 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.


Gnomestar Craft  (OTCPK:VDQSF) 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.

Gnomestar Craft's Inventory Turnover for the three months ended in Dec. 2021 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.

Gnomestar Craft's Inventory to Revenue for the three months ended in Dec. 2021 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.


Gnomestar Craft Days Inventory Related Terms

Thank you for viewing the detailed overview of Gnomestar Craft's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Gnomestar Craft (Gnomestar Craft) Business Description

Traded in Other Exchanges
N/A
Address
8778 River Road, Delta, BC, CAN, V4G 1B5
Gnomestar Craft Inc, formerly Vodis Pharmaceuticals Inc is engaged in the manufacturing of craft cannabis. The company's facility is situated in Delta, British Columbia, Canada. The business operates in one segment being the marijuana industry, and all assets are located in Canada.The firm sells certain cannabis products for medical and recreational use to certain companies in Canada who are licensed for cultivation, processing and sell dried cannabis products.

Gnomestar Craft (Gnomestar Craft) Headlines

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