GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Fiore Cannabis Ltd (XCNQ:FIOR) » Definitions » Days Inventory

Fiore Cannabis (XCNQ:FIOR) Days Inventory : 309.70 (As of Jun. 2022)


View and export this data going back to 2015. Start your Free Trial

What is Fiore Cannabis Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fiore Cannabis's Average Total Inventories for the three months ended in Jun. 2022 was C$1.57 Mil. Fiore Cannabis's Cost of Goods Sold for the three months ended in Jun. 2022 was C$0.46 Mil. Hence, Fiore Cannabis's Days Inventory for the three months ended in Jun. 2022 was 309.70.

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

XCNQ:FIOR's Days Inventory is not ranked *
in the Drug Manufacturers industry.
Industry Median: 156.02
* Ranked among companies with meaningful Days Inventory only.

Fiore Cannabis's Days Inventory declined from Jun. 2021 (624.43) to Jun. 2022 (309.70).

Inventory Turnover measures how fast the company turns over its inventory within a year. Fiore Cannabis's Inventory Turnover for the three months ended in Jun. 2022 was 0.29.

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. Fiore Cannabis's Inventory-to-Revenue for the three months ended in Jun. 2022 was 4.20.


Fiore Cannabis Days Inventory Historical Data

The historical data trend for Fiore Cannabis'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.

Fiore Cannabis Days Inventory Chart

Fiore Cannabis Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only - - 147.97 147.36 185.34

Fiore Cannabis Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 624.43 243.74 210.35 190.81 309.70

Competitive Comparison of Fiore Cannabis's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Fiore Cannabis'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.


Fiore Cannabis's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Fiore Cannabis's Days Inventory falls into.



Fiore Cannabis Days Inventory Calculation

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

Fiore Cannabis's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0.72 + 1.757) / 2 ) / 2.439*365
=1.2385 / 2.439*365
=185.34

Fiore Cannabis's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

Days Inventory (Q: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (1.526 + 1.61) / 2 ) / 0.462*365 / 4
=1.568 / 0.462*365 / 4
=309.70

* 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.


Fiore Cannabis  (XCNQ:FIOR) 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.

Fiore Cannabis's Inventory Turnover for the three months ended in Jun. 2022 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.

Fiore Cannabis's Inventory to Revenue for the three months ended in Jun. 2022 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.


Fiore Cannabis Days Inventory Related Terms

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


Fiore Cannabis Business Description

Traded in Other Exchanges
N/A
Address
250 Howe Street, 20th Floor, Vancouver, BC, CAN, V6C 3R8
Fiore Cannabis Ltd is engaged in the production and cultivation of medicinal and recreational cannabis. Also, the company is engaged in the business of hemp-seed oil and skin products. Its brands are Fiore, Purecloud9, Diamantelabs, Surfer, and The Weekender. The company's geographical segments are Canada and United States.
Executives
Dylan Joseph Rexing Director

Fiore Cannabis Headlines

No Headlines