CBGL (Cannabis Global) Change In Inventory: $0.16 Mil (TTM As of May. 2022)


What is Cannabis Global Change In Inventory?

Cannabis Global CBGL Change In Inventory is $0.16 Mil as of May. 2022.

Cannabis Global's change in inventory for the quarter that ended in May. 2022 was $-0.00 Mil. It means Cannabis Global's inventory increased by $0.00 Mil from Feb. 2022 to May. 2022 .

Cannabis Global's change in inventory for the fiscal year that ended in Aug. 2021 was $-0.11 Mil. It means Cannabis Global's inventory increased by $0.11 Mil from Aug. 2020 to Aug. 2021 .

Cannabis Global's Total Inventories for the quarter that ended in May. 2022 was $0.20 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cannabis Global's Days Inventory for the quarter that ended in May. 2022 was 23.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cannabis Global's Inventory Turnover for the quarter that ended in May. 2022 was 3.96.

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 Global's Inventory-to-Revenue for the quarter that ended in May. 2022 was 0.25.

Cannabis Global  (OTCPK:CBGL) Change In Inventory Explanation

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

Cannabis Global's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.197/0.78*365 / 4
=23.05

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

Cannabis Global's Inventory Turnover for the quarter that ended in May. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.78 / 0.197
=3.96

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.

Cannabis Global's Inventory to Revenue for the quarter that ended in May. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.197 / 0.792
=0.25

* 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.

Cannabis Global Change In Inventory Related Terms

Cannabis Global Change In Inventory Historical Data

* Premium members only.

The historical data trend for Cannabis Global'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.

Cannabis Global Change In Inventory Chart

Cannabis Global Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -0.00 -0.07 -0.11

Cannabis Global Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.00 -0.01 0.04 0.13 -0.00

Cannabis Global Change In Inventory Calculation

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

Change In Inventory for the trailing twelve months (TTM) ended in May. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.16 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 $0.16 Mil mean?
Cannabis Global (CBGL) has a Change In Inventory of $0.16 Mil as of May. 2022. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Cannabis Global and its competitors.
Is Cannabis Global's Change In Inventory too high?
Cannabis Global's current Change In Inventory is $0.16 Mil.
How does Cannabis Global's Change In Inventory compare to MILC and BBBT?
Cannabis Global's Change In Inventory of $0.16 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Change In Inventory depends on the Drug Manufacturers 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 Cannabis Global and its competitors. Cannabis Global's current Change In Inventory is $0.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cannabis Global stock overvalued right now?
Cannabis Global (CBGL) has a current Change In Inventory of $0.16 Mil. The current Change In Inventory is $0.16 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 Cannabis Global (CBGL), the current Change In Inventory is $0.16 Mil as of May. 2022. 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.

Cannabis Global Business Description

Address 520 S Grand Avenue, Suite 320, Los Angeles, CA, USA, 90071
Cannabis Global Inc manufactures and distributes various cannabis products via its majority ownership of Natural Plant Extract, Inc is developing the Ethos Comply Bag, and generally conducts research and development in the areas of hemp, cannabis and consumer food goods. The company also have an active research and development program focused on creating and commercializing engineered technologies that deliver hemp extracts and cannabinoids to the human body. Its product includes cannabis flower packaged in various weights, cannabis Pre-rolls, cannabis edible products.