CBGL (Cannabis Global) Days Sales Outstanding: 49.37 (As of May. 2022)

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What is Cannabis Global Days Sales Outstanding?

Cannabis Global CBGL Days Sales Outstanding is 49.37 as of May. 2022.

Cannabis Global's average Accounts Receivable for the three months ended in May. 2022 was $0.43 Mil. Cannabis Global's Revenue for the three months ended in May. 2022 was $0.79 Mil. Hence, Cannabis Global's Days Sales Outstanding for the three months ended in May. 2022 was 49.37.

The historical rank and industry rank for Cannabis Global's Days Sales Outstanding or its related term are showing as below:

CBGL's Days Sales Outstanding is not ranked *
in the Drug Manufacturers industry.
Industry Median: 71.76
* Ranked among companies with meaningful Days Sales Outstanding only.

Cannabis Global's Days Sales Outstanding increased from May. 2021 (28.01) to May. 2022 (49.37).


Cannabis Global  (OTCPK:CBGL) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Cannabis Global Days Sales Outstanding Related Terms


Cannabis Global Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Cannabis Global's Days Sales Outstanding 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.

Cannabis Global Days Sales Outstanding Chart

Cannabis Global Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 25.76

Cannabis Global Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
Days Sales Outstanding 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 28.01 34.18 27.70 49.85 49.37

CBGL vs MILC, BBBT, GCAN: Days Sales Outstanding Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Cannabis Global's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.


Cannabis Global Days Sales Outstanding vs Drug Manufacturers Industry

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

* The bar in red indicates where Cannabis Global's Days Sales Outstanding falls into.



Cannabis Global Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Cannabis Global's Days Sales Outstanding for the fiscal year that ended in Aug. 2021 is calculated as

Days Sales Outstanding (A: Aug. 2021 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Aug. 2020 ) + Accounts Receivable (A: Aug. 2021 )) / count ) / Revenue (A: Aug. 2021 )*Days in Period
=( (0 + 0.113) / 1 ) / 1.601*365
=0.113 / 1.601*365
=25.76

Cannabis Global's Days Sales Outstanding for the quarter that ended in May. 2022 is calculated as:

Days Sales Outstanding (Q: May. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Feb. 2022 ) + Accounts Receivable (A: May. 2022 )) / count ) / Revenue (A: May. 2022 )*Days in Period
=( (0.452 + 0.405) / 2 ) / 0.792*365 / 4
=0.4285 / 0.792*365 / 4
=49.37

* 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 Sales Outstanding →
What does a Days Sales Outstanding of 49.37 mean?
Cannabis Global (CBGL) has a Days Sales Outstanding of 49.37 as of May. 2022. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Cannabis Global and its competitors.
Is Cannabis Global's Days Sales Outstanding too high?
Cannabis Global's current Days Sales Outstanding is 49.37. The Drug Manufacturers industry median Days Sales Outstanding is 71.76. Cannabis Global's value of 49.37 is 31.2% below this industry median.
How does Cannabis Global's Days Sales Outstanding compare to MILC and BBBT?
Cannabis Global's Days Sales Outstanding of 49.37 can be compared against companies in the Drug Manufacturers industry. The industry median Days Sales Outstanding is 71.76. Cannabis Global's value of 49.37 is 31.2% 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 Sales Outstanding for a Drug Manufacturers company?
The median Days Sales Outstanding among Drug Manufacturers companies is 71.76, based on 945 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cannabis Global's current Days Sales Outstanding of 49.37 is 31.2% 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 Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Cannabis Global and its competitors. For the Drug Manufacturers industry, the median Days Sales Outstanding is 71.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cannabis Global's current Days Sales Outstanding is 49.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cannabis Global stock overvalued right now?
Cannabis Global (CBGL) has a current Days Sales Outstanding of 49.37. The current Days Sales Outstanding is 49.37 and 31.2% below the Drug Manufacturers industry median of 71.76. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Cannabis Global (CBGL), the current Days Sales Outstanding is 49.37 as of May. 2022. 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.

Cannabis Global Business Description

Address 520 S Grand Avenue, Suite 320, Los Angeles, CA, USA, 90071
Cannabis Global Inc manufactures and distributes various cannabis products via its majority ownership of Natural Plant Extract, Inc is developing the Ethos Comply Bag, and generally conducts research and development in the areas of hemp, cannabis and consumer food goods. The company also have an active research and development program focused on creating and commercializing engineered technologies that deliver hemp extracts and cannabinoids to the human body. Its product includes cannabis flower packaged in various weights, cannabis Pre-rolls, cannabis edible products.