BC Bud (XCNQ:BCBC) Days Inventory : 94.60 (As of Nov. 2023)

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What is BC Bud Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BC Bud's Average Total Inventories for the three months ended in Nov. 2023 was C$0.27 Mil. BC Bud's Cost of Goods Sold for the three months ended in Nov. 2023 was C$0.26 Mil. Hence, BC Bud's Days Inventory for the three months ended in Nov. 2023 was 94.60.

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

XCNQ:BCBC' s Days Inventory Range Over the Past 10 Years
Min: 18.2 Med: 18.2 Max: 95.71
Current: 95.71

During the past 2 years, BC Bud's highest Days Inventory was 95.71. The lowest was 18.20. And the median was 18.20.

XCNQ:BCBC's Days Inventory is ranked better than
78.41% of 968 companies
in the Drug Manufacturers industry
Industry Median: 158.365 vs XCNQ:BCBC: 95.71

BC Bud's Days Inventory increased from Nov. 2022 (80.12) to Nov. 2023 (94.60). It might indicate that BC Bud'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. BC Bud's Inventory Turnover for the three months ended in Nov. 2023 was 0.96.

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. BC Bud's Inventory-to-Revenue for the three months ended in Nov. 2023 was 3.58.

BC Bud Days Inventory Historical Data

The historical data trend for BC Bud'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.

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BC Bud Days Inventory Chart

BC Bud Annual Data

Trend

Feb22

Feb23

Days Inventory

18.20

BC Bud Quarterly Data
	Aug20	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Inventory	Get a 7-Day Free Trial							80.12	98.16	87.80	53.45	94.60

Competitive Comparison of BC Bud's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, BC Bud'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.

BC Bud's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where BC Bud's Days Inventory falls into.

BC Bud Days Inventory Calculation

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

BC Bud's Days Inventory for the fiscal year that ended in Feb. 2023 is calculated as

	Days Inventory (A: Feb. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Feb. 2022 )	+	Total Inventories (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (0.007	+	0.106)	/	2 )	/	1.133	*	365
=	0.0565					/	1.133	*	365
=	18.20

BC Bud's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:

	Days Inventory (Q: Nov. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (0.123	+	0.414)	/	2 )	/	0.259	*	365 / 4
=	0.2685					/	0.259	*	365 / 4
=	94.60

BC Bud (XCNQ:BCBC) 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.

BC Bud's Inventory Turnover for the three months ended in Nov. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.259	/	0.2685
	=	0.96

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.

BC Bud's Inventory to Revenue for the three months ended in Nov. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.2685	/	0.075
	=	3.58

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.

BC Bud Days Inventory Related Terms

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

BC Bud (XCNQ:BCBC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » BC Bud Corp (XCNQ:BCBC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

BCBCF:USA

Address

409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2

Website

https://www.thebcbc.com

BC Bud Corp is a house of brands based in British Columbia, Canada selling products in the dried flower, concentrates, vape cartridges and edibles categories under The BC Bud Co., Solventless Solutions, Canna Beans and Canna Almonds brands.

Executives

Karim Mohamedani

10% Security Holder

BC Bud (XCNQ:BCBC) Headlines

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