VGGIF (Boosh Plant-Based Brands) Days Inventory: 240.57 (As of Dec. 2023)


What is Boosh Plant-Based Brands Days Inventory?

Boosh Plant-Based Brands VGGIF -99.96% Days Inventory is 240.57 as of Dec. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). Boosh Plant-Based Brands's Average Total Inventories for the three months ended in Dec. 2023 was $0.12 Mil. Boosh Plant-Based Brands's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.04 Mil. Hence, Boosh Plant-Based Brands's Days Inventory for the three months ended in Dec. 2023 was 240.57.

The historical rank and industry rank for Boosh Plant-Based Brands's Days Inventory or its related term are showing as below:

VGGIF's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 82.755
* Ranked among companies with meaningful Days Inventory only.

Boosh Plant-Based Brands's Days Inventory increased from Dec. 2022 (174.73) to Dec. 2023 (240.57). It might indicate that Boosh Plant-Based Brands's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Boosh Plant-Based Brands's Inventory Turnover for the three months ended in Dec. 2023 was 0.38.

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. Boosh Plant-Based Brands's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.52.

Boosh Plant-Based Brands  (OTCPK:VGGIF) 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.

Boosh Plant-Based Brands's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.044 / 0.116
=0.38

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.

Boosh Plant-Based Brands's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.116 / 0.046
=2.52

* 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.

Boosh Plant-Based Brands Days Inventory Related Terms

Boosh Plant-Based Brands Days Inventory Historical Data

* Premium members only.

The historical data trend for Boosh Plant-Based Brands'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.

Boosh Plant-Based Brands Days Inventory Chart

Boosh Plant-Based Brands Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Days Inventory
156.43 231.17 135.21 37.34

Boosh Plant-Based Brands Quarterly Data
Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 174.73 52.67 516.54 161.28 240.57

VGGIF vs NXMH, NBND, YCRM: Days Inventory Comparison

For the Packaged Foods subindustry, Boosh Plant-Based Brands'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.

Boosh Plant-Based Brands Days Inventory vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Boosh Plant-Based Brands's Days Inventory distribution charts can be found below:

* The bar in red indicates where Boosh Plant-Based Brands's Days Inventory falls into.


Boosh Plant-Based Brands Days Inventory Calculation

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

Boosh Plant-Based Brands's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (0.408 + 0.151) / 2 ) / 2.732*365
=0.2795 / 2.732*365
=37.34

Boosh Plant-Based Brands's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.138 + 0.094) / 2 ) / 0.044*365 / 4
=0.116 / 0.044*365 / 4
=240.57

* 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 240.57 mean?
Boosh Plant-Based Brands (VGGIF) has a Days Inventory of 240.57 as of Dec. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Boosh Plant-Based Brands and its competitors.
Is Boosh Plant-Based Brands' Days Inventory too high?
Boosh Plant-Based Brands' current Days Inventory is 240.57. The Consumer Packaged Goods industry median Days Inventory is 82.76. Boosh Plant-Based Brands' value of 240.57 is 190.7% above this industry median.
How does Boosh Plant-Based Brands' Days Inventory compare to NXMH and NBND?
Boosh Plant-Based Brands' Days Inventory of 240.57 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Inventory is 82.76. Boosh Plant-Based Brands' value of 240.57 is 190.7% 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 Consumer Packaged Goods company?
The median Days Inventory among Consumer Packaged Goods companies is 82.76, based on 1,864 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. Boosh Plant-Based Brands's current Days Inventory of 240.57 is 190.7% 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 Boosh Plant-Based Brands and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 82.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boosh Plant-Based Brands's current Days Inventory is 240.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boosh Plant-Based Brands stock overvalued right now?
Boosh Plant-Based Brands (VGGIF) has a current Days Inventory of 240.57. The current Days Inventory is 240.57 and 190.7% above the Consumer Packaged Goods industry median of 82.76. 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 Boosh Plant-Based Brands (VGGIF), the current Days Inventory is 240.57 as of Dec. 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.

Boosh Plant-Based Brands Business Description

Address 176 Street, Suite 103-6554, Surrey, BC, CAN, V3S 4G5
Boosh Plant-Based Brands Inc operates as a plant-based ready-to-eat food company. It distributes and sells plant-based frozen meals to grocery outlets and independent grocery stores throughout Canada. The company's segment includes Corporate; Snacks; Entrees and Appetizers. It generates maximum revenue from the Snacks segment.