CFN Enterprises (CFN Enterprises) Days Inventory : 106.12 (As of Dec. 2023)

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What is CFN Enterprises Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CFN Enterprises's Average Total Inventories for the three months ended in Dec. 2023 was $1.83 Mil. CFN Enterprises's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.57 Mil. Hence, CFN Enterprises's Days Inventory for the three months ended in Dec. 2023 was 106.12.

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

CNFN' s Days Inventory Range Over the Past 10 Years
Min: 8.86 Med: 18.36 Max: 221.02
Current: 221.02

During the past 13 years, CFN Enterprises's highest Days Inventory was 221.02. The lowest was 8.86. And the median was 18.36.

CNFN's Days Inventory is ranked worse than
88.24% of 655 companies
in the Media - Diversified industry
Industry Median: 26.06 vs CNFN: 221.02

CFN Enterprises's Days Inventory increased from Dec. 2022 (1.93) to Dec. 2023 (106.12). It might indicate that CFN Enterprises's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. CFN Enterprises's Inventory Turnover for the three months ended in Dec. 2023 was 0.86.

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. CFN Enterprises's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.15.

CFN Enterprises Days Inventory Historical Data

The historical data trend for CFN Enterprises'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.

CFN Enterprises Days Inventory Chart

CFN Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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26.56

10.16

8.86

216.85

CFN Enterprises Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															1.93	-	-	138.81	106.12

Competitive Comparison of CFN Enterprises's Days Inventory

For the Advertising Agencies subindustry, CFN Enterprises'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.

CFN Enterprises's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CFN Enterprises's Days Inventory distribution charts can be found below:

* The bar in red indicates where CFN Enterprises's Days Inventory falls into.

CFN Enterprises Days Inventory Calculation

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

CFN Enterprises'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	+	1.796)	/	1 )	/	3.023	*	365
=	1.796					/	3.023	*	365
=	216.85

CFN Enterprises's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.865	+	1.796)	/	2 )	/	1.574	*	365 / 4
=	1.8305					/	1.574	*	365 / 4
=	106.12

CFN Enterprises (OTCPK:CNFN) 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.

CFN Enterprises's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.574	/	1.8305
	=	0.86

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.

CFN Enterprises's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.8305	/	1.594
	=	1.15

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.

CFN Enterprises Days Inventory Related Terms

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

CFN Enterprises (CFN Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » CFN Enterprises Inc (OTCPK:CNFN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 E.8th Street, Whitefish, MT, USA, 59937

Website

https://www.cfnenterprisesinc.com

CFN Enterprises Inc is a creative agency and media network dedicated to the legal cannabis industry. Its CFN Business generates revenue through sponsored content, articles, press releases, videos, podcasts, advertisements, and other media, email advertisements, and other marketing campaigns run on behalf of public and private companies in the cannabis industry.

Executives

Anness Ziadeh	officer: Chief Sales/Marketing Officer	600 EAST 8TH STREET, WHITEFISH MT 59937
Rami Abi	10 percent owner, officer: Chief Strategy Officer	600 EAST 8TH STREET, WHITEFISH MT 59937
Allen Park	10 percent owner, officer: Chief Operating Officer	600 EAST 8TH STREET, WHITEFISH MT 59937
Brian S Ross	director, officer: President & CEO	C/O ACCELERIZE NEW MEDIA, INC., 6477 HIGHWAY 93 SOUTH, SUITE 303, WHITEFISH MT 59937
Anthony Zingarelli	10 percent owner	600 E. 8TH STREET, WHITEFISH MT 59937
Frank Lane	officer: President of CFN Media	2601 OCEAN PARK BLVD., SUITE 310, SANTA MONICA CA 90405
Darren Dayton	10 percent owner	143 CALLE MAYOR, REDONDO BEACH CA 90277
Ryan Beedie Family Trust Iii	10 percent owner	1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Ryan Beedie	10 percent owner	1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
4358 Investments Ltd	10 percent owner	1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Beedie Oyii Holdings Ltd.	10 percent owner	1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Beedie Investments Ltd	10 percent owner	1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Beedie Holdings Ltd.	10 percent owner	1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Paul Dumais	officer: Sr. VP, Product Development	C/O ACCELERIZE, INC., 20411 SW BIRCH STREET, SUITE 250, NEWPORT BEACH CA 92660
Damon S Stein	officer: General Counsel	C/O ACCELERIZE NEW MEDIA, INC., 6477 HIGHWAY 93 SOUTH, SUITE 303, WHITEFISH MT 59937