CBGI (Cannabusiness Group) Change In Inventory: $-0.07 Mil (TTM As of Dec. 2007)


What is Cannabusiness Group Change In Inventory?

Cannabusiness Group CBGI -90.00% Change In Inventory is $-0.07 Mil as of Dec. 2007.

Cannabusiness Group's change in inventory for the quarter that ended in Dec. 2007 was $-0.07 Mil. It means Cannabusiness Group's inventory increased by $0.07 Mil from Dec. 2006 to Dec. 2007 .

Cannabusiness Group's change in inventory for the fiscal year that ended in Dec. 2007 was $-0.07 Mil. It means Cannabusiness Group's inventory increased by $0.07 Mil from Dec. 2006 to Dec. 2007 .

Cannabusiness Group's Total Inventories for the quarter that ended in Dec. 2007 was $0.62 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cannabusiness Group's Days Inventory for the quarter that ended in Dec. 2007 was 14.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cannabusiness Group's Inventory Turnover for the quarter that ended in Dec. 2007 was 12.86.

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. Cannabusiness Group's Inventory-to-Revenue for the quarter that ended in Dec. 2007 was 0.04.

Cannabusiness Group  (OTCPK:CBGI) Change In Inventory Explanation

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

Cannabusiness Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.5895/7.583*365 / 2
=14.19

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

Cannabusiness Group's Inventory Turnover for the quarter that ended in Dec. 2007 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=7.583 / 0.5895
=12.86

3. 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.

Cannabusiness Group's Inventory to Revenue for the quarter that ended in Dec. 2007 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.5895 / 13.603
=0.04

* 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.

Cannabusiness Group Change In Inventory Related Terms

Cannabusiness Group Change In Inventory Historical Data

* Premium members only.

The historical data trend for Cannabusiness Group's Change In Inventory 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.

Cannabusiness Group Change In Inventory Chart

Cannabusiness Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.10 -0.10 -0.07

Cannabusiness Group Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.10 -0.10 -0.07

Cannabusiness Group Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2007 was $-0.07 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-0.07 Mil mean?
Cannabusiness Group (CBGI) has a Change In Inventory of $-0.07 Mil as of Dec. 2007. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Cannabusiness Group and its competitors.
Is Cannabusiness Group's Change In Inventory too high?
Cannabusiness Group's current Change In Inventory is $-0.07 Mil.
How does Cannabusiness Group's Change In Inventory compare to BIEI and BKIT?
Cannabusiness Group's Change In Inventory of $-0.07 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Real Estate company?
A good Change In Inventory depends on the Real Estate industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Cannabusiness Group and its competitors. Cannabusiness Group's current Change In Inventory is $-0.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cannabusiness Group stock overvalued right now?
Cannabusiness Group (CBGI) has a current Change In Inventory of $-0.07 Mil. The current Change In Inventory is $-0.07 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Cannabusiness Group (CBGI), the current Change In Inventory is $-0.07 Mil as of Dec. 2007. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cannabusiness Group Business Description

Address 905 Cotting Lane, Suite 160, Vacaville, CA, USA, 95688
Cannabusiness Group Inc is engaged in real estate acquisition, leasing, and management firms whose primary focus is on zoning issues. The company acquires commercial property or land, and lease out the facilities for Agricultural, Industrial, Commercial, and Retail.