Kanabo Group (STU:3WD) Change In Inventory: €0.03 Mil (TTM As of Jun. 2024)

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What is Kanabo Group Change In Inventory?

Kanabo Group STU:3WD Change In Inventory is €0.03 Mil as of Jun. 2024.

Kanabo Group's change in inventory for the quarter that ended in Jun. 2024 was €0.01 Mil. It means Kanabo Group's inventory declined by €0.01 Mil from Dec. 2023 to Jun. 2024 .

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 Jun. 2024 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 Jun. 2024 was 14.72.

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 Jun. 2024 was 12.40.

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 Jun. 2024 was 0.08.

Kanabo Group  (STU:3WD) 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
=0.063/0.781*365 / 2
=14.72

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 Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.781 / 0.063
=12.40

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 Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.063 / 0.82
=0.08

* 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.

Kanabo Group Change In Inventory Related Terms

Kanabo Group Change In Inventory Historical Data

* Premium members only.

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.

Kanabo Group Change In Inventory Chart

Kanabo Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial 0.00 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 Jun24
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 -0.01 -0.01 0.01 0.02 0.01

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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.03 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 €0.03 Mil mean?
Kanabo Group (STU:3WD) has a Change In Inventory of €0.03 Mil as of Jun. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Kanabo Group and its competitors.
Is Kanabo Group's Change In Inventory too high?
Kanabo Group's current Change In Inventory is €0.03 Mil.
How does Kanabo Group's Change In Inventory compare to HCA and THC?
Kanabo Group's Change In Inventory of €0.03 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Change In Inventory depends on the Healthcare Providers & Services 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 Kanabo Group and its competitors. Kanabo Group's current Change In Inventory is €0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanabo Group stock overvalued right now?
Kanabo Group (STU:3WD) has a current Change In Inventory of €0.03 Mil. The current Change In Inventory is €0.03 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 Kanabo Group (STU:3WD), the current Change In Inventory is €0.03 Mil as of Jun. 2024. 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.

Kanabo Group Business Description

Address 137-139 Brent Street, Churchill House, London, GBR, NW4 4DJ
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, which derives key revenue, 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 and Israel.