CBYI (Cal Bay International) Inventory Turnover: 3.07 (As of Sep. 2006)

What is Cal Bay International Inventory Turnover?

Cal Bay International CBYI -99.00% Inventory Turnover is 3.07 as of Sep. 2006.

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. Cal Bay International's Cost of Goods Sold for the three months ended in Sep. 2006 was $0.90 Mil. Cal Bay International's Average Total Inventories for the quarter that ended in Sep. 2006 was $0.29 Mil. Cal Bay International's Inventory Turnover for the quarter that ended in Sep. 2006 was 3.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cal Bay International's Days Inventory for the three months ended in Sep. 2006 was 29.71.

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. Cal Bay International's Inventory-to-Revenue for the quarter that ended in Sep. 2006 was 9.16.

Cal Bay International (OTCPK:CBYI) 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.

Cal Bay International's Days Inventory for the three months ended in Sep. 2006 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2006 )	/	Cost of Goods Sold (Q: Sep. 2006 )	*	Days in Period
	=	0.293	/	0.9	*	365 / 4
	=	29.71

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.

Cal Bay International's Inventory to Revenue for the quarter that ended in Sep. 2006 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2006 )	/	Revenue (Q: Sep. 2006 )
	=	0.293	/	0.032
	=	9.16

* 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.

Cal Bay International Inventory Turnover Related Terms

Cal Bay International Inventory Turnover Historical Data

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The historical data trend for Cal Bay International's Inventory Turnover can be seen below:

Cal Bay International Inventory Turnover Chart

Cal Bay International Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Inventory Turnover

0.00

6.17

Cal Bay International Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
Inventory Turnover	Get a 7-Day Free Trial															0.00	1.76	3.01	0.00	3.07

Cal Bay International Inventory Turnover Calculation

Cal Bay International's Inventory Turnover for the fiscal year that ended in Dec. 2005 is calculated as

	Inventory Turnover (A: Dec. 2005 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2005 )	/ (	(Total Inventories (A: Dec. 2004 )	+	Total Inventories (A: Dec. 2005 ))	/	count )
=	1.809	/ (	(0	+	0.293)	/	1 )
=	1.809	/	0.293
=	6.17

Cal Bay International's Inventory Turnover for the quarter that ended in Sep. 2006 is calculated as

	Inventory Turnover (Q: Sep. 2006 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2006 )	/ (	(Total Inventories (Q: Jun. 2006 )	+	Total Inventories (Q: Sep. 2006 ))	/	count )
=	0.9	/ (	(0	+	0.293)	/	1 )
=	0.9	/	0.293
=	3.07

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 3.07 mean?

Cal Bay International (CBYI) has a Inventory Turnover of 3.07 as of Sep. 2006. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Cal Bay International and its competitors.

Is Cal Bay International's Inventory Turnover too high?

Cal Bay International's current Inventory Turnover is 3.07.

How does Cal Bay International's Inventory Turnover compare to PPCQ and RSRT?

Cal Bay International's Inventory Turnover of 3.07 can be compared against companies in the Capital Markets 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 Capital Markets company?

A good Inventory Turnover depends on the Capital Markets 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 Cal Bay International and its competitors. Cal Bay International's current Inventory Turnover is 3.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Cal Bay International stock overvalued right now?

Cal Bay International (CBYI) has a current Inventory Turnover of 3.07. The current Inventory Turnover is 3.07. 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 Cal Bay International (CBYI), the current Inventory Turnover is 3.07 as of Sep. 2006. 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.

Cal Bay International Business Description

Industry Financial Services Capital Markets

Comparable Companies PPCQ RSRT IDVV DHCC OMAG FHRT PGUS MTEHF TNSGF GRWC KDUS TFCCF IOT SFEF VINO PRSI IIPR BTLN KANP HGSH

Address 1887 Whitney Mesa Drive, No. 2127, Henderson, NV, USA, 89014

Website https://www.cbyintl.com

Cal Bay International Inc acquired a Financial, merchant card processing system, CB Green Card, that allows the legal payment to the dispensary by patients using the CB Green card for purchases within the dispensaries. The majority of the transactions are on a cash only basis. The company's merchant processing system allows for the registered dispensaries to be able to accept and process the patients CB Green card and have the proceeds deposited to their financial institution, creating an alternative to holding large amounts of non depositable cash to the banks and at the same time creating a verifiable transaction of sales for state and Federal tax collection agencies. The company has also developed a formula specifically designed for enhancing the growth of marijuana plants.