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Days Inventory is also known as Days Sales of Inventory (DSI). Veritas Farms's Average Total Inventories for the
three
months ended in Sep. 2023 was $1.99 Mil. Veritas Farms's Cost of Goods Sold for the
three
months ended in Sep. 2023 was $0.18 Mil.
Hence, Veritas Farms's Days Inventory for the
three
months ended in Sep. 2023 was 990.79.
The historical rank and industry rank for Veritas Farms's Days Inventory or its related term are showing as below:
VFRM's Days Inventory is not ranked *
in the Drug Manufacturers industry.
Industry Median: 164.38 * Ranked among companies with meaningful Days Inventory only.
Veritas Farms's Days Inventory
increased
from Sep. 2022 (872.01) to Sep. 2023 (990.79).
It might indicate that Veritas Farms's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Veritas Farms's Inventory Turnover for the
three
months ended in Sep. 2023 was 0.09.
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.
Veritas Farms's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 8.42.
Veritas Farms (OTCPK:VFRM) 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.
Veritas Farms's Inventory Turnover for the
three
months ended in Sep. 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.
Veritas Farms's Inventory to Revenue for the
three
months ended in Sep. 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.
Veritas Farms Days Inventory Related Terms
Veritas Farms Days Inventory Historical Data
* Premium members only.
The historical data trend for Veritas Farms'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.
VFRM vs STMH, NXEN, ENDPQ: Days Inventory Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Veritas Farms'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.
Veritas Farms Days Inventory vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Veritas Farms's Days Inventory distribution charts can be found below:
* The bar in red indicates where Veritas Farms's Days Inventory falls into.
* 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.
Veritas Farms (VFRM) has a Days Inventory of 990.79 as of Sep. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Veritas Farms and its competitors.
Is Veritas Farms' Days Inventory too high?
Veritas Farms' current Days Inventory is 990.79. The Drug Manufacturers industry median Days Inventory is 164.38. Veritas Farms' value of 990.79 is 502.7% above this industry median. Overall, Veritas Farms has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Veritas Farms' Days Inventory compare to STMH and NXEN?
Veritas Farms' Days Inventory of 990.79 can be compared against companies in the Drug Manufacturers industry. The industry median Days Inventory is 164.38. Veritas Farms' value of 990.79 is 502.7% above 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 Drug Manufacturers company?
The median Days Inventory among Drug Manufacturers companies is 164.38, based on 923 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. Veritas Farms's current Days Inventory of 990.79 is 502.7% 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 Veritas Farms and its competitors. For the Drug Manufacturers industry, the median Days Inventory is 164.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veritas Farms's current Days Inventory is 990.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veritas Farms stock overvalued right now?
Veritas Farms (VFRM) has a current Days Inventory of 990.79. The current Days Inventory is 990.79 and 502.7% above the Drug Manufacturers industry median of 164.38. Veritas Farms' 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 Veritas Farms (VFRM), the current Days Inventory is 990.79 as of Sep. 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.
Veritas Farms Inc is engaged in producing natural rich-hemp products, using strict natural protocols and materials yielding broad spectrum phytocannabinoid rich hemp oils, distillates and isolates. Its products include Full Spectrum CBD Tincture, Full Spectrum CBD Salve, Full Spectrum CBD Capsules, Full Spectrum CBD Lotion and Others.
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