TRCNF (Transnational Cannabis) Days Inventory: 0.00 (As of Nov. 2019)

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What is Transnational Cannabis Days Inventory?

Transnational Cannabis TRCNF -97.50% Days Inventory is 0.00 as of Nov. 2019.

Days Inventory is also known as Days Sales of Inventory (DSI). Transnational Cannabis's Average Total Inventories for the three months ended in Nov. 2019 was $0.18 Mil. Transnational Cannabis's Cost of Goods Sold for the three months ended in Nov. 2019 was $0.00 Mil.

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

TRCNF's Days Inventory is not ranked *
in the Drug Manufacturers industry.
Industry Median: 164.38
* Ranked among companies with meaningful Days Inventory only.

Transnational Cannabis's Days Inventory stayed the same from Nov. 2018 (0.00) to Nov. 2019 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Transnational Cannabis's Inventory Turnover for the three months ended in Nov. 2019 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.


Transnational Cannabis  (OTCPK:TRCNF) 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.

Transnational Cannabis's Inventory Turnover for the three months ended in Nov. 2019 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.

Transnational Cannabis's Inventory to Revenue for the three months ended in Nov. 2019 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.


Transnational Cannabis Days Inventory Related Terms


Transnational Cannabis Days Inventory Historical Data

* Premium members only.

The historical data trend for Transnational Cannabis'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.

Transnational Cannabis Days Inventory Chart

Transnational Cannabis Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 350.96 0.00 0.00 0.00

Transnational Cannabis Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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

TRCNF vs CLSH, KAYS, ACUR: Days Inventory Comparison

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


Transnational Cannabis Days Inventory vs Drug Manufacturers Industry

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

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



Transnational Cannabis Days Inventory Calculation

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

Transnational Cannabis's Days Inventory for the fiscal year that ended in Feb. 2019 is calculated as

Days Inventory (A: Feb. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2018 ) + Total Inventories (A: Feb. 2019 )) / count ) / Cost of Goods Sold (A: Feb. 2019 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Transnational Cannabis's Days Inventory for the quarter that ended in Nov. 2019 is calculated as:

Days Inventory (Q: Nov. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2019 ) + Total Inventories (Q: Nov. 2019 )) / count ) / Cost of Goods Sold (Q: Nov. 2019 )*Days in Period
=( (0.18 + 0.181) / 2 ) / 0*365 / 4
=0.1805 / 0*365 / 4
=N/A

* 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?
Transnational Cannabis (TRCNF) has a Days Inventory of 0.00 as of Nov. 2019. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Transnational Cannabis and its competitors.
Is Transnational Cannabis' Days Inventory too high?
Transnational Cannabis' current Days Inventory is 0.00.
How does Transnational Cannabis' Days Inventory compare to CLSH and KAYS?
Transnational Cannabis' Days Inventory of 0.00 can be compared against companies in the Drug Manufacturers industry. The industry median Days Inventory is 164.38. 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 Drug Manufacturers company?
The median Days Inventory among Drug Manufacturers companies is 164.38, based on 923 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 Transnational Cannabis and its competitors. For the Drug Manufacturers industry, the median Days Inventory is 164.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transnational Cannabis'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 Transnational Cannabis stock overvalued right now?
Transnational Cannabis (TRCNF) 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 Transnational Cannabis (TRCNF), the current Days Inventory is 0.00 as of Nov. 2019. 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.

Transnational Cannabis Business Description

Address 37 King Street East, Suite 409, Toronto, ON, CAN, M5C 1E9
Transnational Cannabis Ltd, formerly ICC International Cannabis Corp is a Canadian company which is engaged in planning, designing, building and operating cannabis production, processing, and distribution facilities. The company through its holdings is engaged in the pharmaceutical distribution, wholesale importation, research, and development, as well as working interests in industrial hemp licenses in Greece, licenses to cultivate, produce, distribute, store, and export Cannabis and Cannabis derivatives in Colombia, the Kingdom of Lesotho, Africa, and Denmark.