Groove Botanicals (Groove Botanicals) Days Inventory : 0.00 (As of Sep. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Groove Botanicals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Groove Botanicals's Average Total Inventories for the six months ended in Sep. 2023 was $0.00 Mil. Groove Botanicals's Cost of Goods Sold for the six months ended in Sep. 2023 was $0.00 Mil.

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

GRVE's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 32.36
* Ranked among companies with meaningful Days Inventory only.

Groove Botanicals's Days Inventory stayed the same from Sep. 2017 (0.00) to Sep. 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.

Groove Botanicals Days Inventory Historical Data

The historical data trend for Groove Botanicals'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.

Groove Botanicals Days Inventory Chart

Groove Botanicals Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Days Inventory

Get a 7-Day Free Trial

Groove Botanicals Semi-Annual Data
	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Sep22	Sep23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Groove Botanicals's Days Inventory

For the Oil & Gas E&P subindustry, Groove Botanicals'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.

Groove Botanicals's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Groove Botanicals's Days Inventory distribution charts can be found below:

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

Groove Botanicals Days Inventory Calculation

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

Groove Botanicals's Days Inventory for the fiscal year that ended in Mar. 2017 is calculated as

	Days Inventory (A: Mar. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2016 )	+	Total Inventories (A: Mar. 2017 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2017 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.085	*	365
=	0					/	0.085	*	365
=	0.00

Groove Botanicals's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2022 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 2
=	0					/	0	*	365 / 2
=	N/A

Groove Botanicals (OTCPK:GRVE) 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.

Groove Botanicals's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

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

Groove Botanicals's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

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

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.

Groove Botanicals Days Inventory Related Terms

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