CBGI (Cannabusiness Group) Inventory Turnover: 12.86 (As of Dec. 2007)


What is Cannabusiness Group Inventory Turnover?

Cannabusiness Group CBGI -90.00% Inventory Turnover is 12.86 as of Dec. 2007.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Cannabusiness Group's Cost of Goods Sold for the six months ended in Dec. 2007 was $7.58 Mil. Cannabusiness Group's Average Total Inventories for the quarter that ended in Dec. 2007 was $0.59 Mil. Cannabusiness Group's Inventory Turnover for the quarter that ended in Dec. 2007 was 12.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cannabusiness Group's Days Inventory for the six months ended in Dec. 2007 was 14.19.

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. Cannabusiness Group's Inventory-to-Revenue for the quarter that ended in Dec. 2007 was 0.04.

Cannabusiness Group  (OTCPK:CBGI) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Cannabusiness Group's Days Inventory for the six months ended in Dec. 2007 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2007 )/Cost of Goods Sold (Q: Dec. 2007 )*Days in Period
=0.5895/7.583*365 / 2
=14.19

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.

Cannabusiness Group's Inventory to Revenue for the quarter that ended in Dec. 2007 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2007 ) / Revenue (Q: Dec. 2007 )
=0.5895 / 13.603
=0.04

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Cannabusiness Group Inventory Turnover Related Terms

Cannabusiness Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Cannabusiness Group's Inventory Turnover 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.

Cannabusiness Group Inventory Turnover Chart

Cannabusiness Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 3.53 8.18 12.86

Cannabusiness Group Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 3.53 8.18 12.86

Cannabusiness Group Inventory Turnover Calculation

Cannabusiness Group's Inventory Turnover for the fiscal year that ended in Dec. 2007 is calculated as

Inventory Turnover (A: Dec. 2007 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2007 ) / ((Total Inventories (A: Dec. 2006 ) + Total Inventories (A: Dec. 2007 )) / count )
=7.583 / ((0.555 + 0.624) / 2 )
=7.583 / 0.5895
=12.86

Cannabusiness Group's Inventory Turnover for the quarter that ended in Dec. 2007 is calculated as

Inventory Turnover (Q: Dec. 2007 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2007 ) / ((Total Inventories (Q: Dec. 2006 ) + Total Inventories (Q: Dec. 2007 )) / count )
=7.583 / ((0.555 + 0.624) / 2 )
=7.583 / 0.5895
=12.86

* 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 Inventory Turnover →
What does a Inventory Turnover of 12.86 mean?
Cannabusiness Group (CBGI) has a Inventory Turnover of 12.86 as of Dec. 2007. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Cannabusiness Group and its competitors.
Is Cannabusiness Group's Inventory Turnover too high?
Cannabusiness Group's current Inventory Turnover is 12.86.
How does Cannabusiness Group's Inventory Turnover compare to BIEI and BKIT?
Cannabusiness Group's Inventory Turnover of 12.86 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Real Estate company?
A good Inventory Turnover depends on the Real Estate industry context. However, Inventory Turnover 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 Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Cannabusiness Group and its competitors. Cannabusiness Group's current Inventory Turnover is 12.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cannabusiness Group stock overvalued right now?
Cannabusiness Group (CBGI) has a current Inventory Turnover of 12.86. The current Inventory Turnover is 12.86. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Cannabusiness Group (CBGI), the current Inventory Turnover is 12.86 as of Dec. 2007. 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.

Cannabusiness Group Business Description

Address 905 Cotting Lane, Suite 160, Vacaville, CA, USA, 95688
Cannabusiness Group Inc is engaged in real estate acquisition, leasing, and management firms whose primary focus is on zoning issues. The company acquires commercial property or land, and lease out the facilities for Agricultural, Industrial, Commercial, and Retail.