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Jushi Holdings (XCNQ:JUSH) Days Inventory : 96.34 (As of Mar. 2024)


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What is Jushi Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jushi Holdings's Average Total Inventories for the three months ended in Mar. 2024 was C$47.3 Mil. Jushi Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was C$44.8 Mil. Hence, Jushi Holdings's Days Inventory for the three months ended in Mar. 2024 was 96.34.

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

XCNQ:JUSH' s Days Inventory Range Over the Past 10 Years
Min: 73.37   Med: 84.84   Max: 145.62
Current: 93.17

During the past 13 years, Jushi Holdings's highest Days Inventory was 145.62. The lowest was 73.37. And the median was 84.84.

XCNQ:JUSH's Days Inventory is ranked better than
81.48% of 972 companies
in the Drug Manufacturers industry
Industry Median: 158.44 vs XCNQ:JUSH: 93.17

Jushi Holdings's Days Inventory increased from Mar. 2023 (82.62) to Mar. 2024 (96.34). It might indicate that Jushi Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jushi Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 0.95.

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. Jushi Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.53.


Jushi Holdings Days Inventory Historical Data

The historical data trend for Jushi Holdings'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.

Jushi Holdings Days Inventory Chart

Jushi Holdings Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 145.62 87.35 73.37 82.33

Jushi Holdings Quarterly Data
Jun19 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 82.62 100.95 96.22 80.57 96.34

Competitive Comparison of Jushi Holdings's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Jushi Holdings'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.


Jushi Holdings's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Jushi Holdings's Days Inventory falls into.



Jushi Holdings Days Inventory Calculation

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

Jushi Holdings'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
=( (47.668 + 45.059) / 2 ) / 205.556*365
=46.3635 / 205.556*365
=82.33

Jushi Holdings'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
=( (45.059 + 49.63) / 2 ) / 44.843*365 / 4
=47.3445 / 44.843*365 / 4
=96.34

* 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.


Jushi Holdings  (XCNQ:JUSH) 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.

Jushi Holdings'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.

Jushi Holdings'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.


Jushi Holdings Days Inventory Related Terms

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


Jushi Holdings (XCNQ:JUSH) Business Description

Traded in Other Exchanges
Address
301 Yamato Road, Suite 3250, Boca Raton, FL, USA, 33431
Jushi Holdings Inc is a vertically integrated multi-state cannabis and hemp operator across the United States. The company operates a diverse portfolio of branded cannabis and hemp-derived assets, built upon opportunistic acquisitions, distressed deals and competitive applications. Operating under the Jushi umbrella is the BEYOND / HELLO retail brand of cannabis dispensaries, hemp-based CBD brand, Nira, including its brands, The Lab: Concentrates and The Bank: Flower + Genetics, as well as its precision formulated line of medical cannabis products Nira Plus. Jushi strives to maximize shareholder value while delivering high premium products across all levels of the cannabis and hemp ecosystem.

Jushi Holdings (XCNQ:JUSH) Headlines

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