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CannLabs (CannLabs) Days Inventory : 0.00 (As of Mar. 2015)


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What is CannLabs Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CannLabs's Average Total Inventories for the three months ended in Mar. 2015 was $0.00 Mil. CannLabs's Cost of Goods Sold for the three months ended in Mar. 2015 was $0.34 Mil. Hence, CannLabs's Days Inventory for the three months ended in Mar. 2015 was 0.00.

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

CANL's Days Inventory is not ranked *
in the Drug Manufacturers industry.
Industry Median: 158.075
* Ranked among companies with meaningful Days Inventory only.

CannLabs's Days Inventory stayed the same from Mar. 2014 (0.00) to Mar. 2015 (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. CannLabs's Inventory-to-Revenue for the three months ended in Mar. 2015 was 0.00.


CannLabs Days Inventory Historical Data

The historical data trend for CannLabs'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.

* Premium members only.

CannLabs Days Inventory Chart

CannLabs Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Days Inventory
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CannLabs Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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Competitive Comparison of CannLabs's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, CannLabs'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.


CannLabs's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, CannLabs's Days Inventory distribution charts can be found below:

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



CannLabs Days Inventory Calculation

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

CannLabs's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

Days Inventory (A: Dec. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2013 ) + Total Inventories (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (0 + 0) / 1 ) / 0.887*365
=0 / 0.887*365
=0.00

CannLabs's Days Inventory for the quarter that ended in Mar. 2015 is calculated as:

Days Inventory (Q: Mar. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2014 ) + Total Inventories (Q: Mar. 2015 )) / count ) / Cost of Goods Sold (Q: Mar. 2015 )*Days in Period
=( (0 + 0) / 1 ) / 0.339*365 / 4
=0 / 0.339*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.


CannLabs  (OTCPK:CANL) 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.

CannLabs's Inventory Turnover for the three months ended in Mar. 2015 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.

CannLabs's Inventory to Revenue for the three months ended in Mar. 2015 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.


CannLabs Days Inventory Related Terms

Thank you for viewing the detailed overview of CannLabs's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


CannLabs (CannLabs) Business Description

Traded in Other Exchanges
N/A
Address
519 N. Sam Houston Parkway E., Suite 500, Houston, TX, USA, 77060
CannLabs Inc is based in Houston Texas and is a diversified inventory blockchain platform company. The company also has an entertainment division which also includes ownership of a Private Label Apparel line (Colorblind). The company is involved in four sectors: Manufacturing, Apparel, Music, and Video Game Design.

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