BLONF (CO2 Gro) Days Inventory: 0.00 (As of Sep. 2023)

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What is CO2 Gro Days Inventory?

CO2 Gro BLONF -99.95% Days Inventory is 0.00 as of Sep. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). CO2 Gro's Average Total Inventories for the three months ended in Sep. 2023 was $0.00 Mil. CO2 Gro's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.08 Mil. Hence, CO2 Gro's Days Inventory for the three months ended in Sep. 2023 was 0.00.

The historical rank and industry rank for CO2 Gro's Days Inventory or its related term are showing as below:

BLONF's Days Inventory is not ranked *
in the Agriculture industry.
Industry Median: 103.315
* Ranked among companies with meaningful Days Inventory only.

CO2 Gro's Days Inventory stayed the same from Jun. 2022 (0.00) to Sep. 2023 (0.00).

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

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. CO2 Gro's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.00.


CO2 Gro  (OTCPK:BLONF) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

CO2 Gro's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

2. 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.

CO2 Gro's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


CO2 Gro Days Inventory Related Terms


CO2 Gro Days Inventory Historical Data

* Premium members only.

The historical data trend for CO2 Gro's Days 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.

CO2 Gro Days Inventory Chart

CO2 Gro Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 588.29 312.36 251.06 0.00

CO2 Gro Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
Days 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 0.00 0.00 0.00 0.00

BLONF vs CTVA, CF, MOS: Days Inventory Comparison

For the Agricultural Inputs subindustry, CO2 Gro's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CO2 Gro Days Inventory vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, CO2 Gro's Days Inventory distribution charts can be found below:

* The bar in red indicates where CO2 Gro's Days Inventory falls into.



CO2 Gro Days Inventory Calculation

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

CO2 Gro's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 0.158*365
=0 / 0.158*365
=0.00

CO2 Gro's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.082*365 / 4
=0 / 0.082*365 / 4
=0.00

* 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 Days Inventory →
What does a Days Inventory of 0.00 mean?
CO2 Gro (BLONF) has a Days Inventory of 0.00 as of Sep. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on CO2 Gro and its competitors.
Is CO2 Gro's Days Inventory too high?
CO2 Gro's current Days Inventory is 0.00.
How does CO2 Gro's Days Inventory compare to CTVA and CF?
CO2 Gro's Days Inventory of 0.00 can be compared against companies in the Agriculture industry. The industry median Days Inventory is 103.32. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Agriculture company?
The median Days Inventory among Agriculture companies is 103.32, based on 246 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days 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 Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on CO2 Gro and its competitors. For the Agriculture industry, the median Days Inventory is 103.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CO2 Gro's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CO2 Gro stock overvalued right now?
CO2 Gro (BLONF) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For CO2 Gro (BLONF), the current Days Inventory is 0.00 as of Sep. 2023. 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.

CO2 Gro Business Description

Address 40 King Street West, Suite 5800, Toronto, ON, CAN, M5H 3S1
CO2 Gro Inc is engaged in commercializing its patent-licensed CO2 gas infusion technology and its patent-pending US PTO CO2 Delivery Solutions system, both of which form the company's saturated CO2 solutions plant platform. Saturated CO2 solution when misted onto plants provides growers that cannot gas with CO2 the opportunity to increase plant yields. The company's sole focus is working with its plant growers and agri-industrial partners in proving and adopting its CO2 technologies for specific growers' plant yield needs.