Days Inventory is also known as Days Sales of Inventory (DSI). RIV Capital's Average Total Inventories for the
three
months ended in Mar. 2024 was C$18.31 Mil. RIV Capital's Cost of Goods Sold for the
three
months ended in Mar. 2024 was C$2.06 Mil.
Hence, RIV Capital's Days Inventory for the
three
months ended in Mar. 2024 was 809.67.
The historical rank and industry rank for RIV Capital's Days Inventory or its related term are showing as below:
XCNQ:RIV'
s Days Inventory Range Over the Past 10 Years
Min: 0 Med: 0 Max: 617.05
Current: 617.05
During the past 5 years, RIV Capital's highest Days Inventory was 617.05. The lowest was 0.00. And the median was 0.00.
XCNQ:RIV's Days Inventory is ranked worse than 96.07% of 968
companies
in the Drug Manufacturers industry
Industry Median: 158.365
vs XCNQ:RIV: 617.05
RIV Capital's Days Inventory
increased
from Mar. 2023 (544.25) to Mar. 2024 (809.67).
It might indicate that RIV Capital'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.
RIV Capital's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.11.
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.
RIV Capital's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 6.33.
RIV Capital Days Inventory Historical Data
The historical data trend for RIV Capital'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.
Competitive Comparison of RIV Capital's Days Inventory
For the Drug Manufacturers - Specialty & Generic subindustry, RIV Capital'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.
RIV Capital's Days Inventory Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, RIV Capital's Days Inventory distribution charts can be found below:
* The bar in red indicates where RIV Capital's Days Inventory falls into.
RIV Capital Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
RIV Capital's Days Inventory for the fiscal year that ended in Mar. 2022 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.
RIV Capital (XCNQ:RIV) 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.
RIV Capital's Inventory Turnover for the
three
months ended in Mar. 2024 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.
RIV Capital's Inventory to Revenue for the
three
months ended in Mar. 2024 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.
RIV Capital Days Inventory Related Terms
Thank you for viewing the detailed overview of RIV Capital's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
RIV Capital Inc is a venture capital investment and operating platform structured to pursue investment opportunities in the cannabis sector. The company has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the cannabis sector. The investments take the form of production-linked royalties, secured debt, newly formed joint ventures, and a variety of equity and equity-linked instruments.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XCNQ:RIV has been successfully added to your 