Body and Mind (XCNQ:BAMM) Days Inventory: 23.64 (As of Apr. 2024)

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XCNQ:BAMM Body and Mind Inc XCNQ:BAMM
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Price C$0.03
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What is Body and Mind Days Inventory?

Body and Mind XCNQ:BAMM 14 Days Inventory is 23.64 as of Apr. 2024. GuruFocus rates XCNQ:BAMM with a GF Score™ of 14/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Body and Mind's Average Total Inventories for the three months ended in Apr. 2024 was C$0.87 Mil. Body and Mind's Cost of Goods Sold for the three months ended in Apr. 2024 was C$3.34 Mil. Hence, Body and Mind's Days Inventory for the three months ended in Apr. 2024 was 23.64.

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

XCNQ:BAMM's Days Inventory is not ranked *
in the Drug Manufacturers industry.
Industry Median: 165.19
* Ranked among companies with meaningful Days Inventory only.

Body and Mind's Days Inventory declined from Apr. 2023 (111.75) to Apr. 2024 (23.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. Body and Mind's Inventory Turnover for the three months ended in Apr. 2024 was 3.86.

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. Body and Mind's Inventory-to-Revenue for the three months ended in Apr. 2024 was 0.14.


Body and Mind  (XCNQ:BAMM) 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.

Body and Mind's Inventory Turnover for the three months ended in Apr. 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.

Body and Mind's Inventory to Revenue for the three months ended in Apr. 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.


Body and Mind Days Inventory Related Terms


Body and Mind Days Inventory Historical Data

* Premium members only.

The historical data trend for Body and Mind'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.

Body and Mind Days Inventory Chart

Body and Mind Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 151.21 150.66 59.27 73.44 62.12

Body and Mind Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 111.75 25.10 57.86 52.94 23.64

XCNQ:BAMM vs AKAN, OWPC, PTPI: Days Inventory Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Body and Mind'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.


Body and Mind Days Inventory vs Drug Manufacturers Industry

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

* The bar in red indicates where Body and Mind's Days Inventory falls into.


XCNQ:BAMM
14GF Score
Body and Mind Inc XCNQ:BAMM
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Body and Mind Days Inventory Calculation

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

Body and Mind's Days Inventory for the fiscal year that ended in Jul. 2023 is calculated as

Days Inventory (A: Jul. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jul. 2022 ) + Total Inventories (A: Jul. 2023 )) / count ) / Cost of Goods Sold (A: Jul. 2023 )*Days in Period
=( (4.612 + 3.053) / 2 ) / 22.517*365
=3.8325 / 22.517*365
=62.12

Body and Mind's Days Inventory for the quarter that ended in Apr. 2024 is calculated as:

Days Inventory (Q: Apr. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jan. 2024 ) + Total Inventories (Q: Apr. 2024 )) / count ) / Cost of Goods Sold (Q: Apr. 2024 )*Days in Period
=( (0.864 + 0.866) / 2 ) / 3.339*365 / 4
=0.865 / 3.339*365 / 4
=23.64

* 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 23.64 mean?
Body and Mind (XCNQ:BAMM) has a Days Inventory of 23.64 as of Apr. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Body and Mind and its competitors.
Is Body and Mind's Days Inventory too high?
Body and Mind's current Days Inventory is 23.64. The Drug Manufacturers industry median Days Inventory is 165.19. Body and Mind's value of 23.64 is 85.7% below this industry median. Overall, Body and Mind has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Body and Mind's Days Inventory compare to AKAN and OWPC?
Body and Mind's Days Inventory of 23.64 can be compared against companies in the Drug Manufacturers industry. The industry median Days Inventory is 165.19. Body and Mind's value of 23.64 is 85.7% below 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 165.19, based on 920 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. Body and Mind's current Days Inventory of 23.64 is 85.7% below 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 Body and Mind and its competitors. For the Drug Manufacturers industry, the median Days Inventory is 165.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Body and Mind's current Days Inventory is 23.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Body and Mind stock overvalued right now?
Body and Mind (XCNQ:BAMM) has a current Days Inventory of 23.64. The current Days Inventory is 23.64 and 85.7% below the Drug Manufacturers industry median of 165.19. Body and Mind's overall GF Score™ is 14/100. 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 Body and Mind (XCNQ:BAMM), the current Days Inventory is 23.64 as of Apr. 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.

Body and Mind Business Description

Address 750-1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6
Body and Mind Inc is a multi-state cannabis operator, which has retail, distribution, cultivation, and/or processing operations in Nevada, California, Arkansas, Ohio and Illinois. It has developed the marquis lifestyle Body and Mind brand in Nevada with penetration into dispensaries and has expanded its brand and products to dispensaries in California. The Body and Mind brand appeals to a wide range of cannabis consumers with products including flowers, oils, extracts (wax, live resin, ambrosia), and edibles. The Company Operates in Three segments; Wholesale, Retail, and All others. The Majority of revenue is derived from the Retail segment.
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