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Herbal Dispatch (XCNQ:HERB) Days Inventory : 115.98 (As of Mar. 2024)


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What is Herbal Dispatch Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Herbal Dispatch's Average Total Inventories for the three months ended in Mar. 2024 was C$1.47 Mil. Herbal Dispatch's Cost of Goods Sold for the three months ended in Mar. 2024 was C$1.16 Mil. Hence, Herbal Dispatch's Days Inventory for the three months ended in Mar. 2024 was 115.98.

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

XCNQ:HERB' s Days Inventory Range Over the Past 10 Years
Min: 86.22   Med: 297.6   Max: 17398.33
Current: 89.79

During the past 13 years, Herbal Dispatch's highest Days Inventory was 17398.33. The lowest was 86.22. And the median was 297.60.

XCNQ:HERB's Days Inventory is ranked better than
80.79% of 968 companies
in the Drug Manufacturers industry
Industry Median: 158.79 vs XCNQ:HERB: 89.79

Herbal Dispatch's Days Inventory declined from Mar. 2023 (165.35) to Mar. 2024 (115.98).

Inventory Turnover measures how fast the company turns over its inventory within a year. Herbal Dispatch's Inventory Turnover for the three months ended in Mar. 2024 was 0.79.

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. Herbal Dispatch's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.16.


Herbal Dispatch Days Inventory Historical Data

The historical data trend for Herbal Dispatch'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.

Herbal Dispatch Days Inventory Chart

Herbal Dispatch Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 17,398.33 200.59 394.61 86.22

Herbal Dispatch Quarterly Data
Sep18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory 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 165.35 67.36 89.87 77.51 115.98

Competitive Comparison of Herbal Dispatch's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Herbal Dispatch'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.


Herbal Dispatch's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Herbal Dispatch's Days Inventory falls into.



Herbal Dispatch Days Inventory Calculation

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

Herbal Dispatch's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.388 + 1.242) / 2 ) / 3.45*365
=0.815 / 3.45*365
=86.22

Herbal Dispatch's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1.242 + 1.699) / 2 ) / 1.157*365 / 4
=1.4705 / 1.157*365 / 4
=115.98

* 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.


Herbal Dispatch  (XCNQ:HERB) 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.

Herbal Dispatch's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

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.

Herbal Dispatch's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* 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.


Herbal Dispatch Days Inventory Related Terms

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


Herbal Dispatch (XCNQ:HERB) Business Description

Traded in Other Exchanges
Address
DS Lawyers Canada LLP, 543 Granville Street, Suite 800, Vancouver, BC, CAN, V6C 1X8
Herbal Dispatch Inc owns and operates cannabis e-commerce platforms in both Canada and the United States and is dedicated to providing top-quality cannabis to informed consumers at affordable pricing. The company's flagship cannabis marketplace, Herbal Dispatch, is a trusted source for exclusive access to small-batch craft cannabis flowers and a wide array of other product formats.
Executives
Herb Dhaliwal Director

Herbal Dispatch (XCNQ:HERB) Headlines

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