Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) Change In Inventory : $0.01 Mil (TTM As of May. 2020)

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What is Ventura Cannabis and Wellness Change In Inventory?

Ventura Cannabis and Wellness's change in inventory for the quarter that ended in May. 2020 was $0.01 Mil. It means Ventura Cannabis and Wellness's inventory declined by $0.01 Mil from Feb. 2020 to May. 2020 .

Ventura Cannabis and Wellness's change in inventory for the fiscal year that ended in Feb. 2020 was $-0.10 Mil. It means Ventura Cannabis and Wellness's inventory increased by $0.10 Mil from Feb. 2019 to Feb. 2020 .

Ventura Cannabis and Wellness's Total Inventories for the quarter that ended in May. 2020 was $0.09 Mil.

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 quarter that 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 Change In Inventory Historical Data

The historical data trend for Ventura Cannabis and Wellness'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.

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Ventura Cannabis and Wellness Change In Inventory Chart

Ventura Cannabis and Wellness Annual Data

Trend

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Change In Inventory

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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
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	0.01

Ventura Cannabis and Wellness 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01 Mil.

Ventura Cannabis and Wellness (OTCPK:CVHIF) Change In Inventory Explanation

1. 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 quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.096	/	0.612	*	365 / 4
	=	14.31

2. 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	/	Average Total Inventories
	=	0.612	/	0.096
	=	6.38

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.

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	/	Revenue
	=	0.096	/	0.905
	=	0.11

Ventura Cannabis and Wellness Change In Inventory 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 » Change In Inventory

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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.