Curative Biosciences (Curative Biosciences) Inventory Turnover : 0.00 (As of Mar. 2018)

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What is Curative Biosciences 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. Curative Biosciences's Cost of Goods Sold for the three months ended in Mar. 2018 was $0.00 Mil. Curative Biosciences's Average Total Inventories for the quarter that ended in Mar. 2018 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.

Curative Biosciences Inventory Turnover Historical Data

The historical data trend for Curative Biosciences'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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Curative Biosciences Inventory Turnover Chart

Curative Biosciences Annual Data

Trend

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Inventory Turnover

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1.14

Curative Biosciences Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Curative Biosciences Inventory Turnover Calculation

Curative Biosciences's Inventory Turnover for the fiscal year that ended in Jun. 2017 is calculated as

	Inventory Turnover (A: Jun. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2017 )	/ (	(Total Inventories (A: Jun. 2016 )	+	Total Inventories (A: Jun. 2017 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Curative Biosciences's Inventory Turnover for the quarter that ended in Mar. 2018 is calculated as

	Inventory Turnover (Q: Mar. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2018 )	/ (	(Total Inventories (Q: Dec. 2017 )	+	Total Inventories (Q: Mar. 2018 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Curative Biosciences (OTCPK:CBDX) 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.

Curative Biosciences's Days Inventory for the three months ended in Mar. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2018 )	/	Cost of Goods Sold (Q: Mar. 2018 )	*	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.

Curative Biosciences's Inventory to Revenue for the quarter that ended in Mar. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2018 )	/	Revenue (Q: Mar. 2018 )
	=	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.

Curative Biosciences Inventory Turnover Related Terms

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Curative Biosciences (Curative Biosciences) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Curative Biosciences Inc (OTCPK:CBDX) » Definitions » Inventory Turnover

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Address

2 South Biscayne Boulevard, Suite 3760, Miami, FL, USA, 33131

Website

http://www.CurativeBio.com

Curative Biosciences Inc is a life sciences company focused on developing and commercializing novel therapeutics using hemp-derived CBD. Its products comprise of CBD softgels, Hemp oil, and Topicals.

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