Cannabis Strategic Ventures (Cannabis Strategic Ventures) Total Inventories : $2.96 Mil (As of Jun. 2020)

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What is Cannabis Strategic Ventures Total Inventories?

Cannabis Strategic Ventures's total inventories for the quarter that ended in Jun. 2020 was $2.96 Mil. Cannabis Strategic Ventures's average total inventories from the quarter that ended in Mar. 2020 to the quarter that ended in Jun. 2020 was $2.97 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Cannabis Strategic Ventures's Net-Net Working Capital per share for the quarter that ended in Jun. 2020 was $-0.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cannabis Strategic Ventures's Days Inventory for the three months ended in Jun. 2020 was 109.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cannabis Strategic Ventures's Inventory Turnover for the quarter that ended in Jun. 2020 was 0.83.

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. Cannabis Strategic Ventures's Inventory-to-Revenue for the quarter that ended in Jun. 2020 was 0.88.

Cannabis Strategic Ventures Total Inventories Historical Data

The historical data trend for Cannabis Strategic Ventures'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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Cannabis Strategic Ventures Total Inventories Chart

Cannabis Strategic Ventures Annual Data

Trend

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Mar16

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Mar20

Total Inventories

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2.99

Cannabis Strategic Ventures Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Total Inventories	Get a 7-Day Free Trial															0.44	1.14	1.99	2.99	2.96

Cannabis Strategic Ventures 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.

Cannabis Strategic Ventures (OTCPK:NUGS) 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.

Cannabis Strategic Ventures's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2020 is

	Net-Net Working Capital Per Share (Q: Jun. 2020 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.457	+	0.75 * 0.948	+	0.5 * 2.955	-	24.138
-	0.013	-	0)	/	268.883
=	-0.08

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

Cannabis Strategic Ventures's Days Inventory for the three months ended in Jun. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2020 )	/	Cost of Goods Sold (Q: Jun. 2020 )	*	Days in Period
	=	2.974	/	2.478	*	365 / 4
	=	109.51

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

Cannabis Strategic Ventures's Inventory Turnover for the quarter that ended in Jun. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2020 )	/	Average Total Inventories (Q: Jun. 2020 )
	=	2.478	/	2.974
	=	0.83

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.

Cannabis Strategic Ventures's Inventory to Revenue for the quarter that ended in Jun. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2020 )	/	Revenue (Q: Jun. 2020 )
	=	2.974	/	3.373
	=	0.88

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.

Cannabis Strategic Ventures Total Inventories Related Terms

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Cannabis Strategic Ventures (Cannabis Strategic Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Cannabis Strategic Ventures (OTCPK:NUGS) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

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Address

9350 Wilshire Boulevard, Suite 203, Beverly Hills, CA, USA, 90212

Website

https://www.cannabisstrategic.com

Cannabis Strategic Ventures focuses on the medical and legal recreational cannabis sector. It provides temporary, permanent, and long-term staffing solutions, employment and human resources consulting to the legal Cannabis sector.

Executives

Gordon Samson	director, officer: Chief Financial Officer	9595 WILSHIRE BLVD., SUITE 900 BEVERLY HILLS CA 90212
Dane Brown	director, officer: VP, Corporate Development	9595 WILSHIRE BOULEVARD, SUITE 900 BEVERLY HILLS CA 90212
Christopher G Foster	director, officer: CFO, Secretary & Treasurer	5151 E. BROADWAY, SUITE 1600, TUCSON AZ 85711
Robert Hoegler	director, 10 percent owner, officer: President	#604 7040 GRANVILLE AVENUE RICHMOND A1 V6Y 3W5
Floyd Flaman	director, 10 percent owner, officer: SECRETARY/TREASURER	5621 52ND STREET DELTA A1 V4K 2C7
Scott Marshall	director, 10 percent owner, officer: President	2435 WEST 7TH AVENUE VANCOUVER A1 00000