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Verano Holdings (Verano Holdings) Inventory-to-Revenue : 0.62 (As of Dec. 2023)


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What is Verano Holdings 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. Verano Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was $145.8 Mil. Verano Holdings's Revenue for the three months ended in Dec. 2023 was $237.2 Mil. Verano Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.62.

Verano Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.62) to Sep. 2023 (0.62)

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. Verano Holdings's Days Inventory for the three months ended in Dec. 2023 was 111.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Verano Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.82.


Verano Holdings Inventory-to-Revenue Historical Data

The historical data trend for Verano Holdings'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.

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Verano Holdings Inventory-to-Revenue Chart

Verano Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
- - 0.19 0.17 0.16

Verano Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.74 0.70 0.64 0.62 0.62

Competitive Comparison of Verano Holdings's Inventory-to-Revenue

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


Verano Holdings's Inventory-to-Revenue Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Verano Holdings's Inventory-to-Revenue falls into.



Verano Holdings 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.

Verano Holdings's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (164.532 + 140.687) / 2 ) / 938.452
=152.6095 / 938.452
=0.16

Verano Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (150.821 + 140.687) / 2 ) / 237.189
=145.754 / 237.189
=0.61

* 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.


Verano Holdings  (OTCPK:VRNOF) 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.

Verano Holdings's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=145.754/119.578*365 / 4
=111.22

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

Verano Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=119.578 / 145.754
=0.82

* 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.


Verano Holdings Inventory-to-Revenue Related Terms

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Verano Holdings (Verano Holdings) Business Description

Traded in Other Exchanges
Address
415 North Dearborn Street, 4th Floor, Chicago, IL, USA, 60654
Verano Holdings Corp is a vertically integrated multi?state cannabis operator in the United States. The company derives its revenues from its wholesale business and its retail dispensary chains. The retail business includes the design, build-out and operation of branded dispensaries in both medical and adult-use markets. The company's consumer brands include Encore, Avexia, MÜV, Savvy, BITS and Verano. The company's retail dispensaries operate under brands including Zen Leaf and MÜV.