Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) Total Inventories : $0.09 Mil (As of May. 2020)

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What is Ventura Cannabis and Wellness Total Inventories?

Ventura Cannabis and Wellness's total inventories for the quarter that ended in May. 2020 was $0.09 Mil. Ventura Cannabis and Wellness's average total inventories from the quarter that ended in Feb. 2020 to the quarter that ended in May. 2020 was $0.10 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ventura Cannabis and Wellness's Net-Net Working Capital per share for the quarter that ended in May. 2020 was $-0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ventura Cannabis and Wellness's Days Inventory for the three months ended in May. 2020 was 14.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ventura Cannabis and Wellness's Inventory Turnover for the quarter that ended in May. 2020 was 6.38.

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. Ventura Cannabis and Wellness's Inventory-to-Revenue for the quarter that ended in May. 2020 was 0.11.

Ventura Cannabis and Wellness Total Inventories Historical Data

The historical data trend for Ventura Cannabis and Wellness's Total Inventories 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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Ventura Cannabis and Wellness Total Inventories Chart

Ventura Cannabis and Wellness Annual Data

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Total Inventories

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0.10

Ventura Cannabis and Wellness Quarterly Data
	May15	Aug15	Nov15	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20
Total Inventories	Get a 7-Day Free Trial															-	-	-	0.10	0.09

Ventura Cannabis and Wellness Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Ventura Cannabis and Wellness (OTCPK:CVHIF) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Ventura Cannabis and Wellness's Net-Net Working Capital Per Share for the quarter that ended in May. 2020 is

	Net-Net Working Capital Per Share (Q: May. 2020 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1.973	+	0.75 * 2.67	+	0.5 * 0.089	-	4.85
-	0	-	0.039)	/	37.04
=	-0.02

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

Ventura Cannabis and Wellness's Days Inventory for the three months ended in May. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: May. 2020 )	/	Cost of Goods Sold (Q: May. 2020 )	*	Days in Period
	=	0.096	/	0.612	*	365 / 4
	=	14.31

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

Ventura Cannabis and Wellness's Inventory Turnover for the quarter that ended in May. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: May. 2020 )	/	Average Total Inventories (Q: May. 2020 )
	=	0.612	/	0.096
	=	6.38

4. 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.

Ventura Cannabis and Wellness's Inventory to Revenue for the quarter that ended in May. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: May. 2020 )	/	Revenue (Q: May. 2020 )
	=	0.096	/	0.905
	=	0.11

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Ventura Cannabis and Wellness Total Inventories Related Terms

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Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ventura Cannabis and Wellness Corp (OTCPK:CVHIF) » Definitions » Total Inventories

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Address

800 W. 6th St, Suite 1415, Los Angeles, CA, USA, 90017

Website

http://www.venturacanna.com

Ventura Cannabis and Wellness Corp is a vertically integrated, California-based products cannabis company. The company is currently building out its distribution channel through revenue-sharing agreements with owner-operator of cannabis dispensaries to ensure it's products get premium shelf space. The Company plans to target four segments in the U.S. cannabis and CBD market with products suited to their needs: senior citizens, upwardly mobile middle-aged female professionals, upwardly mobile middle-aged male professionals and individuals suffering from addiction. These segments desire discrete and well-designed products as well as the accurate dosage of THC.