One World Products (One World Products) Days Inventory : 166.05 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is One World Products Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). One World Products's Average Total Inventories for the three months ended in Dec. 2023 was $0.31 Mil. One World Products's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.17 Mil. Hence, One World Products's Days Inventory for the three months ended in Dec. 2023 was 166.05.

The historical rank and industry rank for One World Products's Days Inventory or its related term are showing as below:

OWPC' s Days Inventory Range Over the Past 10 Years
Min: 113.28 Med: 330.46 Max: 4476.05
Current: 531.98

During the past 10 years, One World Products's highest Days Inventory was 4476.05. The lowest was 113.28. And the median was 330.46.

OWPC's Days Inventory is ranked worse than
94.74% of 970 companies
in the Drug Manufacturers industry
Industry Median: 159.275 vs OWPC: 531.98

One World Products's Days Inventory increased from Dec. 2022 (69.18) to Dec. 2023 (166.05). It might indicate that One World Products'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. One World Products's Inventory Turnover for the three months ended in Dec. 2023 was 0.55.

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.

One World Products Days Inventory Historical Data

The historical data trend for One World Products'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.

One World Products Days Inventory Chart

One World Products Annual Data

Trend

Sep14

Sep15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

507.52

4,476.05

153.40

113.28

One World Products 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															69.18	15,193.13	-	28,105.00	166.05

Competitive Comparison of One World Products's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, One World Products'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.

One World Products's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where One World Products's Days Inventory falls into.

One World Products Days Inventory Calculation

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

One World Products'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
=	( (0.054	+	0)	/	1 )	/	0.174	*	365
=	0.054					/	0.174	*	365
=	113.28

One World Products'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
=	( (0.313	+	0)	/	1 )	/	0.172	*	365 / 4
=	0.313					/	0.172	*	365 / 4
=	166.05

One World Products (OTCPK:OWPC) 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.

One World Products's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.172	/	0.313
	=	0.55

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.

One World Products's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.313	/	0
	=

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.

One World Products Days Inventory Related Terms

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

One World Products (One World Products) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » One World Products Inc (OTCPK:OWPC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

6605 Grand Montecito Parkway, Suite 100, Las Vegas, NV, USA, 89118

Website

https://oneworldproducts.com

One World Products Inc along with its subsidiaries is engaged in the cultivation, production, and distribution of raw cannabis and hemp plant ingredients for both medical and industrial uses. It focuses on cultivating, processing, and supplying cannabis oil, distillate, and isolate to customer's specifications.

Executives

Sommer Joerg Herman Walter	officer: President	RHEINSTR. 50, BONN 2M 53179
Terry Lynn Buffalo	director	3063 BRIGHTON BLVD, #918, DENVER CO 80216
Timothy Woods	officer: Chief Financial Officer	8191 QUINN TERRACE, VIENNA VA 22180
Vahe Gabriel	officer: CFO and COO	808 BRICKELL KEY DRIVE, APT. # 1106, MIAMI FL 33131
Isiah Iii Thomas	director, officer: CEO and Vice Chairman	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Bruce I Raben	director	430 VICTORIA TERRACE, RIDGEFIELD NJ 7657
Craig Ellins	director, officer: CEO and CFO	3035 EAST PATRICK LANE, SUITE 9, LAS VEGAS NV 89120
Lei Wang	director, 10 percent owner, officer: CEO & CFO	2609 MONTE CRESTA DRIVE, BELMONT CA 94002