The Hash (XCNQ:REZN) Days Inventory : 0.00 (As of Dec. 2023)

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What is The Hash Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). The Hash's Average Total Inventories for the three months ended in Dec. 2023 was C$0.00 Mil. The Hash's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.07 Mil. Hence, The Hash's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

XCNQ:REZN's Days Inventory is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 159.52
* Ranked among companies with meaningful Days Inventory only.

The Hash's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (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. The Hash's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

The Hash Days Inventory Historical Data

The historical data trend for The Hash'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.

The Hash Days Inventory Chart

The Hash Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

The Hash Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial														-	-	-	-	-

Competitive Comparison of The Hash's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, The Hash'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.

The Hash's Days Inventory Distribution in the Drug Manufacturers Industry

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

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

The Hash Days Inventory Calculation

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

The Hash's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.236	*	365
=	0					/	0.236	*	365
=	0.00

The Hash'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	+	0)	/	1 )	/	0.065	*	365 / 4
=	0					/	0.065	*	365 / 4
=	0.00

The Hash (XCNQ:REZN) 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.

The Hash's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.065	/	0
	=

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.

The Hash's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.107
	=	0.00

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.

The Hash Days Inventory Related Terms

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

The Hash (XCNQ:REZN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » The Hash Corp (XCNQ:REZN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

REZNF:USA

Address

1 Adelaide Street East, Suite 801, Toronto, ON, CAN, M5C 2V9

Website

https://www.thehashcorporation.com

The Hash Corp is engaged in the production and sale of cannabis-based hashish and other cannabis products. It applies its separation and curing techniques to produce a suite of high-quality cannabis resin products, which are all-natural and free of additive and carcinogenic solvents.

The Hash (XCNQ:REZN) Headlines

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