Kanabo Group (STU:3WD) Days Inventory: 14.72 (As of Jun. 2024)


What is Kanabo Group Days Inventory?

Kanabo Group STU:3WD Days Inventory is 14.72 as of Jun. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Kanabo Group's Average Total Inventories for the six months ended in Jun. 2024 was €0.06 Mil. Kanabo Group's Cost of Goods Sold for the six months ended in Jun. 2024 was €0.78 Mil. Hence, Kanabo Group's Days Inventory for the six months ended in Jun. 2024 was 14.72.

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

STU:3WD's Days Inventory is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 30.04
* Ranked among companies with meaningful Days Inventory only.

Kanabo Group's Days Inventory declined from Jun. 2023 (38.57) to Jun. 2024 (14.72).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kanabo Group's Inventory Turnover for the six months 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 six months ended in Jun. 2024 was 0.08.

Kanabo Group  (STU:3WD) 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.

Kanabo Group's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

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

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.

Kanabo Group's Inventory to Revenue for the six months 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.

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.

Kanabo Group Days Inventory Related Terms

Kanabo Group Days Inventory Historical Data

* Premium members only.

The historical data trend for Kanabo Group'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.

Kanabo Group Days Inventory Chart

Kanabo Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 0.00 391.07 243.33 65.68 32.66

Kanabo Group Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 80.30 54.25 38.57 31.29 14.72

STU:3WD vs HCA, THC, EHC: Days Inventory Comparison

For the Medical Care Facilities subindustry, Kanabo Group'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.

Kanabo Group Days Inventory vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kanabo Group's Days Inventory distribution charts can be found below:

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


Kanabo Group Days Inventory Calculation

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 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
=( (0.093 + 0.065) / 2 ) / 0.883*365
=0.079 / 0.883*365
=32.66

Kanabo Group's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0.065 + 0.061) / 2 ) / 0.781*365 / 2
=0.063 / 0.781*365 / 2
=14.72

* 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 14.72 mean?
Kanabo Group (STU:3WD) has a Days Inventory of 14.72 as of Jun. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Kanabo Group and its competitors.
Is Kanabo Group's Days Inventory too high?
Kanabo Group's current Days Inventory is 14.72. The Healthcare Providers & Services industry median Days Inventory is 30.04. Kanabo Group's value of 14.72 is 51% below this industry median.
How does Kanabo Group's Days Inventory compare to HCA and THC?
Kanabo Group's Days Inventory of 14.72 can be compared against companies in the Healthcare Providers & Services industry. The industry median Days Inventory is 30.04. Kanabo Group's value of 14.72 is 51% below 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 Healthcare Providers & Services company?
The median Days Inventory among Healthcare Providers & Services companies is 30.04, based on 493 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. Kanabo Group's current Days Inventory of 14.72 is 51% below 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 Kanabo Group and its competitors. For the Healthcare Providers & Services industry, the median Days Inventory is 30.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanabo Group's current Days Inventory is 14.72. 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 Days Inventory of 14.72. The current Days Inventory is 14.72 and 51% below the Healthcare Providers & Services industry median of 30.04. 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 Kanabo Group (STU:3WD), the current Days Inventory is 14.72 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.