Alliance Growers (XCNQ:ACG) Inventory Turnover : 0.00 (As of May. 2019)

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What is Alliance Growers 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. Alliance Growers's Cost of Goods Sold for the three months ended in May. 2019 was C$0.00 Mil. Alliance Growers's Average Total Inventories for the quarter that ended in May. 2019 was C$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.

Alliance Growers Inventory Turnover Historical Data

The historical data trend for Alliance Growers'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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Alliance Growers Inventory Turnover Chart

Alliance Growers Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Inventory Turnover

Alliance Growers Quarterly Data
	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Alliance Growers Inventory Turnover Calculation

Alliance Growers's Inventory Turnover for the fiscal year that ended in Aug. 2018 is calculated as

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

Alliance Growers's Inventory Turnover for the quarter that ended in May. 2019 is calculated as

	Inventory Turnover (Q: May. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: May. 2019 )	/ (	(Total Inventories (Q: Feb. 2019 )	+	Total Inventories (Q: May. 2019 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Alliance Growers (XCNQ:ACG) 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.

Alliance Growers's Days Inventory for the three months ended in May. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: May. 2019 )	/	Cost of Goods Sold (Q: May. 2019 )	*	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.

Alliance Growers's Inventory to Revenue for the quarter that ended in May. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: May. 2019 )	/	Revenue (Q: May. 2019 )
	=	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.

Alliance Growers Inventory Turnover Related Terms

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Alliance Growers (XCNQ:ACG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Alliance Growers Corp (XCNQ:ACG) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6

Website

http://www.alliancegrowers.com

Alliance Growers Corp is a Canada based diversified cannabis company. It principally operates through the four key divisions namely, Cannabis Botany Centre, Strategic Access to Cannabis for Medical Purposes Regulations Investments, Cannabidiol Oil Supply and Distribution, and Research and Development. The company is primarily focused on the development of Cannabis Botany Centres in Canada.

Executives

Ian Davidson Lambert

Director

Alliance Growers (XCNQ:ACG) Headlines

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