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Entourage Health (Entourage Health) Days Inventory : 224.35 (As of Sep. 2023)


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What is Entourage Health Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Entourage Health's Average Total Inventories for the three months ended in Sep. 2023 was $11.47 Mil. Entourage Health's Cost of Goods Sold for the three months ended in Sep. 2023 was $4.66 Mil. Hence, Entourage Health's Days Inventory for the three months ended in Sep. 2023 was 224.35.

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

ETRGF' s Days Inventory Range Over the Past 10 Years
Min: 135.21   Med: 425.05   Max: 1440.15
Current: 148.93

During the past 9 years, Entourage Health's highest Days Inventory was 1440.15. The lowest was 135.21. And the median was 425.05.

ETRGF's Days Inventory is ranked better than
53.6% of 972 companies
in the Drug Manufacturers industry
Industry Median: 158.44 vs ETRGF: 148.93

Entourage Health's Days Inventory increased from Sep. 2022 (158.43) to Sep. 2023 (224.35). It might indicate that Entourage Health's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Entourage Health's Inventory Turnover for the three months ended in Sep. 2023 was 0.41.

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. Entourage Health's Inventory-to-Revenue for the three months ended in Sep. 2023 was 1.77.


Entourage Health Days Inventory Historical Data

The historical data trend for Entourage Health'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.

Entourage Health Days Inventory Chart

Entourage Health Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only 615.27 1,435.15 239.89 212.45 140.78

Entourage Health Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 158.43 88.32 175.75 191.52 224.35

Competitive Comparison of Entourage Health's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Entourage Health'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.


Entourage Health's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Entourage Health's Days Inventory falls into.



Entourage Health Days Inventory Calculation

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

Entourage Health's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (23.631 + 10.883) / 2 ) / 44.743*365
=17.257 / 44.743*365
=140.78

Entourage Health'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: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (11.298 + 11.636) / 2 ) / 4.664*365 / 4
=11.467 / 4.664*365 / 4
=224.35

* 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.


Entourage Health  (OTCPK:ETRGF) 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.

Entourage Health's Inventory Turnover for the three months ended in Sep. 2023 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.

Entourage Health's Inventory to Revenue for the three months ended in Sep. 2023 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.


Entourage Health Days Inventory Related Terms

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


Entourage Health (Entourage Health) Business Description

Traded in Other Exchanges
Address
250 Elm Street, Aylmer, ON, CAN, N5H 2M8
Entourage Health Corp is a licence holder producing and distributing cannabis products for both the medical and adult-use markets. It owns and operates greenhouse, outdoor, and processing facility located in Strathroy as well as a fully licensed Aylmer processing facility, specializing in cannabis extraction. With the addition of Starseed Medicinal, a medical-centric brand, it has expanded its multi-channeled distribution. The company operates in one segment, the production and sale of cannabis in Canada.