Canada House Wellness Group (Canada House Wellness Group) Total Inventories : $2.95 Mil (As of Apr. 2023)

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

What is Canada House Wellness Group Total Inventories?

Canada House Wellness Group's total inventories for the quarter that ended in Apr. 2023 was $2.95 Mil. Canada House Wellness Group's average total inventories from the quarter that ended in Jan. 2023 to the quarter that ended in Apr. 2023 was $3.15 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Canada House Wellness Group's Net-Net Working Capital per share for the quarter that ended in Apr. 2023 was $-0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Canada House Wellness Group's Days Inventory for the three months ended in Apr. 2023 was 121.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Canada House Wellness Group's Inventory Turnover for the quarter that ended in Apr. 2023 was 0.75.

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. Canada House Wellness Group's Inventory-to-Revenue for the quarter that ended in Apr. 2023 was 0.45.

Canada House Wellness Group Total Inventories Historical Data

The historical data trend for Canada House Wellness Group'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.

* Premium members only.

Canada House Wellness Group Total Inventories Chart

Canada House Wellness Group Annual Data

Trend

Mar12

Mar13

Mar14

Jul15

Jul16

Apr17

Apr18

Apr19

Apr20

Apr21

Total Inventories

Get a 7-Day Free Trial

0.03

1.41

4.57

Canada House Wellness Group Quarterly Data
	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Oct22	Jan23	Apr23
Total Inventories	Get a 7-Day Free Trial															4.34	4.08	2.78	3.35	2.95

Canada House Wellness Group 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.

Canada House Wellness Group (OTCPK:SARSF) 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.

Canada House Wellness Group's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2023 is

	Net-Net Working Capital Per Share (Q: Apr. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.379	+	0.75 * 5.742	+	0.5 * 2.949	-	32.295
-	0	-	0)	/	683.454
=	-0.04

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

Canada House Wellness Group's Days Inventory for the three months ended in Apr. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Apr. 2023 )	/	Cost of Goods Sold (Q: Apr. 2023 )	*	Days in Period
	=	3.147	/	2.358	*	365 / 4
	=	121.78

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

Canada House Wellness Group's Inventory Turnover for the quarter that ended in Apr. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Apr. 2023 )	/	Average Total Inventories (Q: Apr. 2023 )
	=	2.358	/	3.147
	=	0.75

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.

Canada House Wellness Group's Inventory to Revenue for the quarter that ended in Apr. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2023 )	/	Revenue (Q: Apr. 2023 )
	=	3.147	/	6.93
	=	0.45

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.

Canada House Wellness Group Total Inventories Related Terms

Thank you for viewing the detailed overview of Canada House Wellness Group's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Canada House Wellness Group (Canada House Wellness Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Canada House Wellness Group Inc (OTCPK:SARSF) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

551 Rue, Saint Marc, Louiseville, Quebec, QC, CAN, J5V 2L4

Website

https://canadahouse.ca/

Canada House Cannabis Group Inc is a licensed producer that produces high quality medical grade cannabis. IsoCanMed Inc, a Licensed Producer in Louiseville, Quebec growing indoor cannabis, production facility employing state of the art vertical, aeroponic production methodologies; Canada House Clinics Inc, with clinics across the country that work directly with primary care teams to provide specialized cannabinoid therapy services to patients suffering from simple and complex medical conditions; and Knalysis Technologies, a provider of fully customizable, cloud-based software that links physician, provider, and patient to data that supports treatment with medical cannabis; Margaree Health Group a medical cannabis clinic.

Canada House Wellness Group (Canada House Wellness Group) Headlines

No Headlines