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Global Health Clinics (XCNQ:MJRX) Days Inventory : 0.00 (As of Jan. 2024)


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What is Global Health Clinics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Global Health Clinics's Average Total Inventories for the three months ended in Jan. 2024 was C$0.00 Mil. Global Health Clinics's Cost of Goods Sold for the three months ended in Jan. 2024 was C$0.01 Mil. Hence, Global Health Clinics's Days Inventory for the three months ended in Jan. 2024 was 0.00.

The historical rank and industry rank for Global Health Clinics's Days Inventory or its related term are showing as below:

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

Global Health Clinics's Days Inventory stayed the same from Jan. 2023 (0.00) to Jan. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Global Health Clinics's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.00.


Global Health Clinics Days Inventory Historical Data

The historical data trend for Global Health Clinics'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.

Global Health Clinics Days Inventory Chart

Global Health Clinics Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Days Inventory
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Global Health Clinics Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Global Health Clinics's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Global Health Clinics'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.


Global Health Clinics's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Global Health Clinics's Days Inventory falls into.



Global Health Clinics Days Inventory Calculation

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

Global Health Clinics'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
=( (0 + 0) / 1 ) / 0.022*365
=0 / 0.022*365
=0.00

Global Health Clinics's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.007*365 / 4
=0 / 0.007*365 / 4
=0.00

* 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.


Global Health Clinics  (XCNQ:MJRX) 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.

Global Health Clinics's Inventory Turnover for the three months ended in Jan. 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.

Global Health Clinics's Inventory to Revenue for the three months ended in Jan. 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.


Global Health Clinics Days Inventory Related Terms

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


Global Health Clinics (XCNQ:MJRX) Business Description

Traded in Other Exchanges
Address
837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6
Global Health Clinics Ltd engages in the cannabis industry and operates medical clinics which guide patients through the process of becoming legal users of marijuana and also engages in developing psilocybin products for research and their potential usage for pharmaceutical purposes. The Company operates in two operating segments the operating of medical clinics to guide patients to become legal users of marijuana and the development of psilocybin products for research and potential usage for pharmaceutical purposes. The Company derives its key revenue from Medical Clinics for legal user of Marijuana.

Global Health Clinics (XCNQ:MJRX) Headlines

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