Canna Global Acquisition (Canna Global Acquisition) Inventory Turnover : 0.00 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Canna Global Acquisition 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. Canna Global Acquisition's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil. Canna Global Acquisition's Average Total Inventories for the quarter that ended in Dec. 2023 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.

Canna Global Acquisition Inventory Turnover Historical Data

The historical data trend for Canna Global Acquisition'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.

* Premium members only.

Canna Global Acquisition Inventory Turnover Chart

Canna Global Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

Canna Global Acquisition Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial						-	-	-	-	-

Canna Global Acquisition Inventory Turnover Calculation

Canna Global Acquisition's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Canna Global Acquisition's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

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

Canna Global Acquisition (NAS:CNGL) 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.

Canna Global Acquisition's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	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.

Canna Global Acquisition's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	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.

Canna Global Acquisition Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Canna Global Acquisition's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Canna Global Acquisition (Canna Global Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Canna Global Acquisition Corp (NAS:CNGL) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

4640 Admiralty Way, Suite 500, Marina Del Rey, CA, USA, 90292

Website

Canna Global Acquisition Corp is a blank check company.

Executives

Shaolin Capital Management Llc	10 percent owner	230 NW 24TH STREET, SUITE 603, MIAMI FL 33127
Peng Kong	director	1180 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Kah Yong Tham	director	1, KIM SENG PROMENADE, #10-01 EAST TOWER, GREAT WORLD CITY U0 237994
George Yap	director, officer: Chief Financial Officer	1, KIM SENG PROMENADE, #10-01, EAST TOWER, GREAT WORLD CITY U0 237994
Subramaniam Thavaraj	director	29, TAMAN INTAN, KAJANG,SELANGOR N8 43000
Canna-global Llc	10 percent owner	4640 ADMIRALTY WAY, SUITE 500, MARINA DEL REY CA 90292
J. Gerald Combs	director, officer: Chief Executive Officer	848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Wian Stander	director	45 DORKING RD, LYNNWOOD MANOR, PRETORIA T3 0081

Canna Global Acquisition (Canna Global Acquisition) Headlines

From GuruFocus

Canna-Global Acquisition Corp Announces Closing of Initial Public Offering and Exercise of Full Over-Allotment Option

By ACCESSWIRE ACCESSWIRE • 12-03-2021

New Quantum Holdings Pty Ltd., a Cutting-Edge Wealth Management Platform, with Proprietary Fintech as a Service Technology, Plans to Become Public via a Business Combination with Nasdaq-listed Canna-Global Acquisition Corp.

By sperokesalga sperokesalga • 06-15-2023

New Quantum Holdings plans to become public in the USA

By sperokesalga sperokesalga • 06-15-2023