Pineapple Express Cannabis Co (Pineapple Express Cannabis Co) Inventory Turnover : 0.00 (As of Jan. 2024)

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What is Pineapple Express Cannabis Co Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Pineapple Express Cannabis Co's Cost of Goods Sold for the three months ended in Jan. 2024 was $0.00 Mil. Pineapple Express Cannabis Co's Average Total Inventories for the quarter that ended in Jan. 2024 was $0.00 Mil.

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

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.

Pineapple Express Cannabis Co Inventory Turnover Historical Data

The historical data trend for Pineapple Express Cannabis Co's Inventory Turnover 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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Pineapple Express Cannabis Co Inventory Turnover Chart

Pineapple Express Cannabis Co Annual Data

Trend

Jan22

Jan23

Jan24

Inventory Turnover

Pineapple Express Cannabis Co Quarterly Data
	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial				-	-	-	-	-

Pineapple Express Cannabis Co Inventory Turnover Calculation

Pineapple Express Cannabis Co's Inventory Turnover for the fiscal year that ended in Jan. 2024 is calculated as

	Inventory Turnover (A: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2024 )	/ (	(Total Inventories (A: Jan. 2023 )	+	Total Inventories (A: Jan. 2024 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Pineapple Express Cannabis Co's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Pineapple Express Cannabis Co (OTCPK:PNXP) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Pineapple Express Cannabis Co's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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.

Pineapple Express Cannabis Co's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	0	/	0
	=

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Pineapple Express Cannabis Co Inventory Turnover Related Terms

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Pineapple Express Cannabis Co (Pineapple Express Cannabis Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Pineapple Express Cannabis Co (OTCPK:PNXP) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

10351 Santa Monica Boulevard, Suite 420, Los Angeles, CA, USA, 90025

Website

https://www.pineappleconsolidated.com

Pineapple Express Cannabis Co is a world-renowned Dispensary located at the iconic corner of Hollywood Blvd and Vine Street in Los Angeles, CA. Pineapple Express carries the best cannabis products in California at a competitive price with FAST and friendly service. It has everything from cannabis flowers to pre-rolls, concentrates, topicals, and edibles, and constantly updates Its inventory with the latest and greatest strains. The company also offers fast and discreet cannabis delivery services.

Executives

Matthew Feinstein

director, 10 percent owner, officer: CEO

8439 W. SUNSET BLVD., SUITE 101, WEST HOLLYWOOD CA 90069

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