CUBXF (CubicFarm Systems) Days Inventory: 38,567.38 (As of Sep. 2024)


CUBXF CubicFarm Systems Corp CUBXF
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What is CubicFarm Systems Days Inventory?

CubicFarm Systems CUBXF 10 Days Inventory is 38,567.38 as of Sep. 2024. GuruFocus rates CUBXF with a GF Score™ of 10/100.

Days Inventory is also known as Days Sales of Inventory (DSI). CubicFarm Systems's Average Total Inventories for the three months ended in Sep. 2024 was $6.76 Mil. CubicFarm Systems's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.02 Mil. Hence, CubicFarm Systems's Days Inventory for the three months ended in Sep. 2024 was 38,567.38.

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

CUBXF's Days Inventory is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 127.03
* Ranked among companies with meaningful Days Inventory only.

CubicFarm Systems's Days Inventory increased from Sep. 2023 (6,625.61) to Sep. 2024 (38,567.38). It might indicate that CubicFarm Systems's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. CubicFarm Systems's Inventory Turnover for the three months ended in Sep. 2024 was 0.00.

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. CubicFarm Systems's Inventory-to-Revenue for the three months ended in Sep. 2024 was 161.01.


CubicFarm Systems  (OTCPK:CUBXF) 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.

CubicFarm Systems's Inventory Turnover for the three months ended in Sep. 2024 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.

CubicFarm Systems's Inventory to Revenue for the three months ended in Sep. 2024 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.


CubicFarm Systems Days Inventory Related Terms


CubicFarm Systems Days Inventory Historical Data

* Premium members only.

The historical data trend for CubicFarm Systems'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.

CubicFarm Systems Days Inventory Chart

CubicFarm Systems Annual Data
Trend Jun18 Jun19 Jun20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 79.23 153.19 380.80 402.32 968.42

CubicFarm Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6,625.61 4,526.46 21,357.39 0.00 38,567.38

CUBXF vs LEVGQ, NKLAQ, UGRO: Days Inventory Comparison

For the Farm & Heavy Construction Machinery subindustry, CubicFarm Systems'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.


CubicFarm Systems Days Inventory vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, CubicFarm Systems's Days Inventory distribution charts can be found below:

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


CUBXF
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CubicFarm Systems Corp CUBXF
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CubicFarm Systems Days Inventory Calculation

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

CubicFarm Systems's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (9.798 + 6.62) / 2 ) / 3.094*365
=8.209 / 3.094*365
=968.42

CubicFarm Systems's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (6.741 + 6.784) / 2 ) / 0.016*365 / 4
=6.7625 / 0.016*365 / 4
=38,567.38

* 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 38,567.38 mean?
CubicFarm Systems (CUBXF) has a Days Inventory of 38,567.38 as of Sep. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on CubicFarm Systems and its competitors.
Is CubicFarm Systems' Days Inventory too high?
CubicFarm Systems' current Days Inventory is 38,567.38. The Farm & Heavy Construction Machinery industry median Days Inventory is 127.03. CubicFarm Systems' value of 38,567.38 is 30260.8% above this industry median. Overall, CubicFarm Systems has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does CubicFarm Systems' Days Inventory compare to LEVGQ and NKLAQ?
CubicFarm Systems' Days Inventory of 38,567.38 can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median Days Inventory is 127.03. CubicFarm Systems' value of 38,567.38 is 30260.8% above this benchmark. 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 a Farm & Heavy Construction Machinery company?
The median Days Inventory among Farm & Heavy Construction Machinery companies is 127.03, based on 207 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. CubicFarm Systems's current Days Inventory of 38,567.38 is 30260.8% above the industry median. 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 CubicFarm Systems and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Inventory is 127.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CubicFarm Systems's current Days Inventory is 38,567.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CubicFarm Systems stock overvalued right now?
CubicFarm Systems (CUBXF) has a current Days Inventory of 38,567.38. The current Days Inventory is 38,567.38 and 30260.8% above the Farm & Heavy Construction Machinery industry median of 127.03. CubicFarm Systems' overall GF Score™ is 10/100. 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 CubicFarm Systems (CUBXF), the current Days Inventory is 38,567.38 as of Sep. 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.

CubicFarm Systems Business Description

Address 7170 Glover Road, Langley, BC, CAN, V2Y 2R1
CubicFarm Systems Corp is an ag-tech company providing automated growing systems for fresh produce and animal feed using HydroGreen Nutrition Technology. It offers turnkey, commercial scale, hydroponic, localized food supply solutions and automated controlled-environment growing systems that can grow predictably and sustainably anywhere on earth. The company enables its customers to grow locally and provide their markets with safe, sustainable, secure, and fresh ingredients that are consistent in color, size, taste, and nutrition, allowing for longer shelf life. The Company has patented technology for auto harvesting and processing methods for growing leafy greens and other crops onsite, indoors, all year round.
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