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Decibel Cannabis Co (TSXV:DB) Inventory-to-Revenue : 1.74 (As of Dec. 2024)


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What is Decibel Cannabis Co 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. Decibel Cannabis Co's Average Total Inventories for the quarter that ended in Dec. 2024 was C$44.13 Mil. Decibel Cannabis Co's Revenue for the three months ended in Dec. 2024 was C$25.31 Mil. Decibel Cannabis Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.74.

Decibel Cannabis Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 declined from Sep. 2024 (1.92) to Sep. 2024 (1.74)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Decibel Cannabis Co's Days Inventory for the three months ended in Dec. 2024 was 239.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. Decibel Cannabis Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.38.


Decibel Cannabis Co Inventory-to-Revenue Historical Data

The historical data trend for Decibel Cannabis Co'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.

Decibel Cannabis Co Inventory-to-Revenue Chart

Decibel Cannabis Co Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.46 0.54 0.46 0.51

Decibel Cannabis Co 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 1.96 2.44 2.24 1.92 1.74

Competitive Comparison of Decibel Cannabis Co's Inventory-to-Revenue

For the Drug Manufacturers - Specialty & Generic subindustry, Decibel Cannabis Co'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.


Decibel Cannabis Co's Inventory-to-Revenue Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Decibel Cannabis Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Decibel Cannabis Co's Inventory-to-Revenue falls into.


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Decibel Cannabis Co 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.

Decibel Cannabis Co'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 )
=( (50.596 + 43.336) / 2 ) / 92.537
=46.966 / 92.537
=0.51

Decibel Cannabis Co'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 )
=( (44.93 + 43.336) / 2 ) / 25.312
=44.133 / 25.312
=1.74

* 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.


Decibel Cannabis Co  (TSXV:DB) 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.

Decibel Cannabis Co'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
=44.133/16.784*365 / 4
=239.94

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

Decibel Cannabis Co'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 )
=16.784 / 44.133
=0.38

* 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.


Decibel Cannabis Co Inventory-to-Revenue Related Terms

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Decibel Cannabis Co Business Description

Traded in Other Exchanges
Address
140 - 4th Avenue SW, Suite 1440, Calgary, AB, CAN, T2P 3N3
Decibel Cannabis Co Inc is engaged in the cannabis operations business. It is involved in the production, distribution, and sale of recreational cannabis. All the revenues are generated in Canada. The company's revenue is comprised of wholesale sales of both products and services through its production facilities to distributors and licensed cannabis producers as well as the direct sale of products through its retail locations to end customers.
Executives
Benjamin Sze Senior Officer
Warren Matzelle Senior Officer
Shawn Lawrence Dym Director
Nadia Jordana Vattovaz Director
Cody Church Director
Michael Grant Kelly Director
Derek Sider Senior Officer
Kristopher Newell Senior Officer
Paul Wilson Director
Stuart Boucher Senior Officer
Adam Coates Senior Officer