Kanabo Group (LSE:KNB) Change In Inventory : £0.03 Mil (TTM As of Dec. 2023)

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What is Kanabo Group Change In Inventory?

Kanabo Group's change in inventory for the quarter that ended in Dec. 2023 was £0.02 Mil. It means Kanabo Group's inventory declined by £0.02 Mil from Jun. 2023 to Dec. 2023 .

Kanabo Group's change in inventory for the fiscal year that ended in Dec. 2023 was £0.03 Mil. It means Kanabo Group's inventory declined by £0.03 Mil from Dec. 2022 to Dec. 2023 .

Kanabo Group's Total Inventories for the quarter that ended in Dec. 2023 was £0.06 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kanabo Group's Days Inventory for the quarter that ended in Dec. 2023 was 31.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kanabo Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.85.

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. Kanabo Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.15.

Kanabo Group Change In Inventory Historical Data

The historical data trend for Kanabo 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.

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Kanabo Group Change In Inventory Chart

Kanabo Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.01

-0.04

-0.02

0.03

Kanabo Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial								-	-0.01	-0.01	-	0.02

Kanabo Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.03 Mil.

Kanabo Group (LSE:KNB) Change In Inventory Explanation

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

Kanabo 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
	=	0.0665	/	0.389	*	365 / 2
	=	31.20

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

Kanabo Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.389	/	0.0665
	=	5.85

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.

Kanabo Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0665	/	0.446
	=	0.15

Kanabo Group Change In Inventory Related Terms

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Kanabo Group (LSE:KNB) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Kanabo Group PLC (LSE:KNB) » Definitions » Change In Inventory

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3WD:Germany

Address

137-139 Brent Street, Churchill House, London, GBR, NW4 4DJ

Website

https://www.kanabogroup.com

Kanabo Group PLC is a research and development company engaged in selling a range of THC-Free retail CBD products in the markets and it is in the process of developing medical cannabis products. Its reportable segments include Primary Care and Secondary Care. The Primary Care segment includes Tele pharma services provided by GPS and The Secondary Care segment includes the development and distribution of cannabis-derived medical and wellness products. Geographically company has a presence in the United Kingdom, Israel, and others.

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