Cannabis Bioscience International Holdings (Cannabis Bioscience International Holdings) Inventory-to-Revenue : 0.00 (As of Nov. 2023)

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What is Cannabis Bioscience International Holdings Inventory-to-Revenue?

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. Cannabis Bioscience International Holdings's Average Total Inventories for the quarter that ended in Nov. 2023 was $0.00 Mil. Cannabis Bioscience International Holdings's Revenue for the six months ended in Nov. 2023 was $0.14 Mil. Cannabis Bioscience International Holdings's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 0.00.

Cannabis Bioscience International Holdings's Inventory-to-Revenue for the quarter that ended in Nov. 2023 declined from Nov. 2022 (2.71) to Nov. 2022 (0.00)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cannabis Bioscience International Holdings's Days Inventory for the six months ended in Nov. 2023 was 0.00.

Inventory Turnover measures how fast the company turns over its inventory within a year.

Cannabis Bioscience International Holdings Inventory-to-Revenue Historical Data

The historical data trend for Cannabis Bioscience International Holdings's Inventory-to-Revenue 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.

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Cannabis Bioscience International Holdings Inventory-to-Revenue Chart

Cannabis Bioscience International Holdings Annual Data

Trend

Dec06

Dec07

May09

May10

May11

Inventory-to-Revenue

0.44

0.01

Cannabis Bioscience International Holdings Semi-Annual Data
	Dec06	Jun07	Dec07	Jun08	May09	Nov09	May10	Nov10	May11	Nov11	Nov22	Nov23
Inventory-to-Revenue	Get a 7-Day Free Trial							0.01	0.01	0.01	2.71	-

Competitive Comparison of Cannabis Bioscience International Holdings's Inventory-to-Revenue

For the Drug Manufacturers - Specialty & Generic subindustry, Cannabis Bioscience International Holdings's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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 Bioscience International Holdings's Inventory-to-Revenue Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Cannabis Bioscience International Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Cannabis Bioscience International Holdings's Inventory-to-Revenue falls into.

Cannabis Bioscience International Holdings Inventory-to-Revenue Calculation

Cannabis Bioscience International Holdings's Inventory-to-Revenue for the fiscal year that ended in May. 2011 is calculated as

	Inventory-to-Revenue (A: May. 2011 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: May. 2010 )	+	Total Inventories (A: May. 2011 ))	/	count )	/	Revenue (A: May. 2011 )
=	( (0.575	+	0.348)	/	2 )	/	83.461
=	0.4615					/	83.461
=	0.01

Cannabis Bioscience International Holdings's Inventory-to-Revenue for the quarter that ended in Nov. 2023 is calculated as

	Inventory-to-Revenue (Q: Nov. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Nov. 2022 )	+	Total Inventories (Q: Nov. 2023 ))	/	count )	/	Revenue (Q: Nov. 2023 )
=	( (0	+	0)	/	1 )	/	0.137
=	0					/	0.137
=	0.00

Cannabis Bioscience International Holdings (OTCPK:CBIH) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

More Related Terms:

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

Cannabis Bioscience International Holdings's Days Inventory for the six months ended in Nov. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Nov. 2023 )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
	=	0	/	0.024	*	365 / 2
	=	0.00

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Cannabis Bioscience International Holdings's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Nov. 2023 )	/	Average Total Inventories (Q: Nov. 2023 )
	=	0.024	/	0
	=

Cannabis Bioscience International Holdings Inventory-to-Revenue Related Terms

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Cannabis Bioscience International Holdings (Cannabis Bioscience International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Cannabis Bioscience International Holdings Inc (OTCPK:CBIH) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

6201 Bonhomme Road, Suite 466S, Houston, TX, USA, 77036

Website

https://www.cbih.net

Cannabis Bioscience International Holdings Inc is engaged in providing educational systems relating to cannabis and services in therapeutic areas. of clinical trials and services relating to sleep disorders through its sleep center in Houston, Texas. The Company generates revenue from multiple streams, namely, clinical trials, consulting fees, video courses, seminars, royalties, and merchandise sales. The company generates the majority of its revenue from clinical trials.