GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Planet 13 Holdings Inc (OTCPK:PLNH) » Definitions » Inventory-to-Revenue

PLNH (Planet 13 Holdings) Inventory-to-Revenue : 0.75 (As of Dec. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Planet 13 Holdings Inventory-to-Revenue?

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. Planet 13 Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was $22.8 Mil. Planet 13 Holdings's Revenue for the three months ended in Dec. 2024 was $30.3 Mil. Planet 13 Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.75.

Planet 13 Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 increased from Sep. 2024 (0.68) to Sep. 2024 (0.75)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Planet 13 Holdings's Days Inventory for the three months ended in Dec. 2024 was 121.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Planet 13 Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.75.


Planet 13 Holdings Inventory-to-Revenue Historical Data

The historical data trend for Planet 13 Holdings's Inventory-to-Revenue 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.

Planet 13 Holdings Inventory-to-Revenue Chart

Planet 13 Holdings Annual Data
Trend Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.09 0.09 0.13 0.15 0.17

Planet 13 Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Inventory-to-Revenue 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 0.67 0.72 0.61 0.68 0.75

Competitive Comparison of Planet 13 Holdings's Inventory-to-Revenue

For the Drug Manufacturers - Specialty & Generic subindustry, Planet 13 Holdings's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Planet 13 Holdings's Inventory-to-Revenue Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Planet 13 Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Planet 13 Holdings's Inventory-to-Revenue falls into.


;
;

Planet 13 Holdings Inventory-to-Revenue Calculation

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.

Planet 13 Holdings's Inventory-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (A: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )
=( (15.761 + 22.822) / 2 ) / 116.409
=19.2915 / 116.409
=0.17

Planet 13 Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (Q: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Revenue (Q: Dec. 2024 )
=( (22.804 + 22.822) / 2 ) / 30.284
=22.813 / 30.284
=0.75

* 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.


Planet 13 Holdings  (OTCPK:PLNH) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Planet 13 Holdings's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=22.813/17.191*365 / 4
=121.09

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

Planet 13 Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=17.191 / 22.813
=0.75

* 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.


Planet 13 Holdings Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Planet 13 Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Planet 13 Holdings Business Description

Traded in Other Exchanges
Address
2548 West Desert Inn Road, Suite 100, Las Vegas, NV, USA, 89109
Planet 13 Holdings Inc a vertically integrated cultivator and provider of cannabis and cannabis-infused products in the States of Nevada and California, with retail cannabis operations in Illinois. The company currently sells over 154 different strains of cannabis and has a customer-loyalty database of over 385,000 customers. The company owns and manufactures cannabis products under the following brands: HaHa (gummies and beverages), Dreamland (chocolates), TRENDI (vapes and concentrates), Medizin (flower, vapes, concentrates), Leaf and Vine (vapes).
Executives
Chris Wren officer: VP of Operations 2548 WEST DESERT INN ROAD, SUITE 100, LAS VEGAS NV 89109
Dennis Logan officer: CFO 2548 WEST DESERT INN ROAD, SUITE 100, LAS VEGAS NV 89109
Leighton Koehler officer: General Counsel 2548 WEST DESERT INN ROAD, SUITE 100, LAS VEGAS NV 89109
Larry Scheffler director, 10 percent owner, officer: Co-CEO 2548 WEST DESERT INN ROAD, SUITE 100, LAS VEGAS NV 89109
David Farris officer: VP of Sales & Marketing 2548 WEST DESERT INN ROAD, SUITE 100, LAS VEGAS NV 89109
Adrienne O'neal director 2548 WEST DESERT INN ROAD, SUITE 100, LAS VEGAS NV 89109
William Vargas officer: VP of Finance 2548 WEST DESERT INN ROAD, SUITE 100, LAS VEGAS NV 89109
Robert Groesbeck director, 10 percent owner, officer: Co-CEO 2548 WEST DESERT INN ROAD, SUITE 100, LAS VEGAS NV 89109
Lee Fraser director 4675 W TECO AVE, SUITE 250, LAS VEGAS NV 89118
Todd Hybels officer: VP of Midwestern Operations 2548 WEST DESERT INN ROAD, SUITE 100, LAS VEGAS NV 89109
Michael Lanteri Jennings officer: Pres. of East Coast Operations 2548 WEST DESERT INN ROAD, SUITE 100, LAS VEGAS NV 89109
Michael Harman director 2548 WEST DESERT INN ROAD, SUITE 100, LAS VEGAS NV 89109