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YourWay Cannabis Brands (YourWay Cannabis Brands) Inventory-to-Revenue : 0.33 (As of Sep. 2021)


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What is YourWay Cannabis Brands 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. YourWay Cannabis Brands's Average Total Inventories for the quarter that ended in Sep. 2021 was $4.80 Mil. YourWay Cannabis Brands's Revenue for the three months ended in Sep. 2021 was $14.49 Mil. YourWay Cannabis Brands's Inventory-to-Revenue for the quarter that ended in Sep. 2021 was 0.33.

YourWay Cannabis Brands's Inventory-to-Revenue for the quarter that ended in Sep. 2021 increased from Jun. 2021 (0.20) to Jun. 2021 (0.33)

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. YourWay Cannabis Brands's Days Inventory for the three months ended in Sep. 2021 was 39.84.

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


YourWay Cannabis Brands Inventory-to-Revenue Historical Data

The historical data trend for YourWay Cannabis Brands'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.

YourWay Cannabis Brands Inventory-to-Revenue Chart

YourWay Cannabis Brands Annual Data
Trend Dec19 Dec20
Inventory-to-Revenue
0.40 0.04

YourWay Cannabis Brands Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only 0.20 0.19 0.11 0.20 0.33

Competitive Comparison of YourWay Cannabis Brands's Inventory-to-Revenue

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


YourWay Cannabis Brands's Inventory-to-Revenue Distribution in the Drug Manufacturers Industry

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

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



YourWay Cannabis Brands 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.

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

Inventory-to-Revenue (A: Dec. 2020 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Revenue (A: Dec. 2020 )
=( (0.405 + 2.203) / 2 ) / 30.576
=1.304 / 30.576
=0.04

YourWay Cannabis Brands's Inventory-to-Revenue for the quarter that ended in Sep. 2021 is calculated as

Inventory-to-Revenue (Q: Sep. 2021 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2021 ) + Total Inventories (Q: Sep. 2021 )) / count ) / Revenue (Q: Sep. 2021 )
=( (4.242 + 5.367) / 2 ) / 14.489
=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.


YourWay Cannabis Brands  (OTCPK:YOURF) 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.

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

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

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

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

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2021 ) / Average Total Inventories (Q: Sep. 2021 )
=11.005 / 4.8045
=2.29

* 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 Inventory-to-Revenue Related Terms

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YourWay Cannabis Brands (YourWay Cannabis Brands) Business Description

Traded in Other Exchanges
N/A
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.