YOURF (YourWay Cannabis Brands) Days Inventory: 39.84 (As of Sep. 2021)


What is YourWay Cannabis Brands Days Inventory?

YourWay Cannabis Brands YOURF -90.00% Days Inventory is 39.84 as of Sep. 2021.

Days Inventory is also known as Days Sales of Inventory (DSI). YourWay Cannabis Brands's Average Total Inventories for the three months ended in Sep. 2021 was $4.80 Mil. YourWay Cannabis Brands's Cost of Goods Sold for the three months ended in Sep. 2021 was $11.01 Mil. Hence, YourWay Cannabis Brands's Days Inventory for the three months ended in Sep. 2021 was 39.84.

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

YOURF's Days Inventory is not ranked *
in the Drug Manufacturers industry.
Industry Median: 164.48
* Ranked among companies with meaningful Days Inventory only.

YourWay Cannabis Brands's Days Inventory increased from Sep. 2020 (21.69) to Sep. 2021 (39.84). It might indicate that YourWay Cannabis Brands's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. YourWay Cannabis Brands's Inventory Turnover for the three months ended in Sep. 2021 was 2.29.

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. YourWay Cannabis Brands's Inventory-to-Revenue for the three months ended in Sep. 2021 was 0.33.

YourWay Cannabis Brands  (OTCPK:YOURF) 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.

YourWay Cannabis Brands's Inventory Turnover for the three months ended in Sep. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=11.005 / 4.8045
=2.29

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.

YourWay Cannabis Brands's Inventory to Revenue for the three months ended in Sep. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=4.8045 / 14.489
=0.33

* 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.

YourWay Cannabis Brands Days Inventory Related Terms

YourWay Cannabis Brands Days Inventory Historical Data

* Premium members only.

The historical data trend for YourWay Cannabis Brands'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.

YourWay Cannabis Brands Days Inventory Chart

YourWay Cannabis Brands Annual Data
Trend Dec19 Dec20
Days Inventory
125.59 17.34

YourWay Cannabis Brands Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Days Inventory Get a 7-Day Free Trial Premium Member Only 21.69 17.68 11.79 24.35 39.84

YOURF vs ZTS, CTLT, VTRS: Days Inventory Comparison

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

YourWay Cannabis Brands Days Inventory vs Drug Manufacturers Industry

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

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


YourWay Cannabis Brands Days Inventory Calculation

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

YourWay Cannabis Brands's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0.405 + 2.203) / 2 ) / 27.446*365
=1.304 / 27.446*365
=17.34

YourWay Cannabis Brands's Days Inventory for the quarter that ended in Sep. 2021 is calculated as:

Days Inventory (Q: Sep. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2021 ) + Total Inventories (Q: Sep. 2021 )) / count ) / Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=( (4.242 + 5.367) / 2 ) / 11.005*365 / 4
=4.8045 / 11.005*365 / 4
=39.84

* 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 39.84 mean?
YourWay Cannabis Brands (YOURF) has a Days Inventory of 39.84 as of Sep. 2021. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on YourWay Cannabis Brands and its competitors.
Is YourWay Cannabis Brands' Days Inventory too high?
YourWay Cannabis Brands' current Days Inventory is 39.84. The Drug Manufacturers industry median Days Inventory is 164.48. YourWay Cannabis Brands' value of 39.84 is 75.8% below this industry median.
How does YourWay Cannabis Brands' Days Inventory compare to ZTS and CTLT?
YourWay Cannabis Brands' Days Inventory of 39.84 can be compared against companies in the Drug Manufacturers industry. The industry median Days Inventory is 164.48. YourWay Cannabis Brands' value of 39.84 is 75.8% 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 164.48, based on 917 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. YourWay Cannabis Brands's current Days Inventory of 39.84 is 75.8% 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 YourWay Cannabis Brands and its competitors. For the Drug Manufacturers industry, the median Days Inventory is 164.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YourWay Cannabis Brands's current Days Inventory is 39.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YourWay Cannabis Brands stock overvalued right now?
YourWay Cannabis Brands (YOURF) has a current Days Inventory of 39.84. The current Days Inventory is 39.84 and 75.8% below the Drug Manufacturers industry median of 164.48. 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 YourWay Cannabis Brands (YOURF), the current Days Inventory is 39.84 as of Sep. 2021. 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.

YourWay Cannabis Brands Business Description

Address 885 W Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
YourWay Cannabis Brands Inc is a multi-state operator with sales and operations in Arizona and California. Through building own brands, partnering with others, and providing white-labelled product, company is dedicated towards expanding the reach; remolding the cannabis industry and ultimately, redefining the way consumers and cannabis brands interact.