Silo Wellness (XCNQ:SILO) Days Inventory : 0.00 (As of Jul. 2023)

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What is Silo Wellness Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Silo Wellness's Average Total Inventories for the three months ended in Jul. 2023 was C$0.00 Mil. Silo Wellness's Cost of Goods Sold for the three months ended in Jul. 2023 was C$0.12 Mil. Hence, Silo Wellness's Days Inventory for the three months ended in Jul. 2023 was 0.00.

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

XCNQ:SILO' s Days Inventory Range Over the Past 10 Years
Min: 45.81 Med: 51.33 Max: 143.29
Current: 143.29

During the past 3 years, Silo Wellness's highest Days Inventory was 143.29. The lowest was 45.81. And the median was 51.33.

XCNQ:SILO's Days Inventory is not ranked
in the Drug Manufacturers industry.
Industry Median: 158.365 vs XCNQ:SILO: 143.29

Silo Wellness's Days Inventory declined from Jul. 2022 (173.38) to Jul. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Silo Wellness's Inventory-to-Revenue for the three months ended in Jul. 2023 was 0.00.

Silo Wellness Days Inventory Historical Data

The historical data trend for Silo Wellness'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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Silo Wellness Days Inventory Chart

Silo Wellness Annual Data

Trend

Oct20

Oct21

Oct22

Days Inventory

51.33

45.81

140.00

Silo Wellness Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
Days Inventory	Get a 7-Day Free Trial										173.38	-	-	-	-

Competitive Comparison of Silo Wellness's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Silo Wellness'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.

Silo Wellness's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Silo Wellness's Days Inventory falls into.

Silo Wellness Days Inventory Calculation

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

Silo Wellness's Days Inventory for the fiscal year that ended in Oct. 2022 is calculated as

	Days Inventory (A: Oct. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Oct. 2021 )	+	Total Inventories (A: Oct. 2022 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2022 )	*	Days in Period
=	( (0.112	+	0)	/	1 )	/	0.292	*	365
=	0.112					/	0.292	*	365
=	140.00

Silo Wellness's Days Inventory for the quarter that ended in Jul. 2023 is calculated as:

	Days Inventory (Q: Jul. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Apr. 2023 )	+	Total Inventories (Q: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.117	*	365 / 4
=	0					/	0.117	*	365 / 4
=	0.00

Silo Wellness (XCNQ:SILO) 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.

Silo Wellness's Inventory Turnover for the three months ended in Jul. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.117	/	0
	=

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.

Silo Wellness's Inventory to Revenue for the three months ended in Jul. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.095
	=	0.00

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.

Silo Wellness Days Inventory Related Terms

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

Silo Wellness (XCNQ:SILO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Silo Wellness Inc (XCNQ:SILO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Consumers Road, Suite 702, Toronto, ON, CAN, M2J 4R4

Website

https://www.silowellness.com

Silo Wellness Inc operates psychedelic clinics and develops legal functional mushroom consumer products. It is focused on health and wellness by developing and introducing psychedelic medicine to reduce trauma and increase performance by destigmatizing the active compounds in psychedelics and innovating ease of administration and ingestion.

Executives

Michael Hartman

Director