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Gaia Grow (XCNQ:GAIA) Days Inventory : 330.78 (As of Sep. 2022)


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What is Gaia Grow Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gaia Grow's Average Total Inventories for the three months ended in Sep. 2022 was C$0.17 Mil. Gaia Grow's Cost of Goods Sold for the three months ended in Sep. 2022 was C$0.05 Mil. Hence, Gaia Grow's Days Inventory for the three months ended in Sep. 2022 was 330.78.

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

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

Gaia Grow's Days Inventory increased from Sep. 2021 (0.00) to Sep. 2022 (330.78). It might indicate that Gaia Grow's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gaia Grow's Inventory Turnover for the three months ended in Sep. 2022 was 0.28.

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. Gaia Grow's Inventory-to-Revenue for the three months ended in Sep. 2022 was 3.55.


Gaia Grow Days Inventory Historical Data

The historical data trend for Gaia Grow'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.

Gaia Grow Days Inventory Chart

Gaia Grow Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Gaia Grow Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - - - - 330.78

Competitive Comparison of Gaia Grow's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Gaia Grow'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.


Gaia Grow's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Gaia Grow's Days Inventory falls into.



Gaia Grow Days Inventory Calculation

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

Gaia Grow'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: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Gaia Grow's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

Days Inventory (Q: Sep. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (0 + 0.174) / 1 ) / 0.048*365 / 4
=0.174 / 0.048*365 / 4
=330.78

* 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.


Gaia Grow  (XCNQ:GAIA) 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.

Gaia Grow's Inventory Turnover for the three months ended in Sep. 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.

Gaia Grow's Inventory to Revenue for the three months ended in Sep. 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.


Gaia Grow Days Inventory Related Terms

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


Gaia Grow (XCNQ:GAIA) Business Description

Traded in Other Exchanges
N/A
Address
595 Howe Street, 10th Floor, Vancouver, BC, CAN
Gaia Grow Corp is a Canada based company engaged in producing hemp. Its main business focus is farming Industrial Hemp for Medical Purposes.
Executives
Frederick Pels Director