CubicFarm Systems (FRA:7CU) Inventory Turnover: 0.00 (As of Sep. 2024)


FRA:7CU CubicFarm Systems Corp FRA:7CU
10 GF Score
Price €0.05
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What is CubicFarm Systems Inventory Turnover?

CubicFarm Systems FRA:7CU 10 Inventory Turnover is 0.00 as of Sep. 2024. GuruFocus rates FRA:7CU with a GF Score™ of 10/100.

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. CubicFarm Systems's Cost of Goods Sold for the three months ended in Sep. 2024 was €0.02 Mil. CubicFarm Systems's Average Total Inventories for the quarter that ended in Sep. 2024 was €6.19 Mil. CubicFarm Systems's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CubicFarm Systems's Days Inventory for the three months ended in Sep. 2024 was 37,640.63.

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. CubicFarm Systems's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 162.83.

CubicFarm Systems  (FRA:7CU) 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.

CubicFarm Systems's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=6.1875/0.015*365 / 4
=37,640.63

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.

CubicFarm Systems's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=6.1875 / 0.038
=162.83

* 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.

CubicFarm Systems Inventory Turnover Related Terms

CubicFarm Systems Inventory Turnover Historical Data

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The historical data trend for CubicFarm Systems'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.

CubicFarm Systems Inventory Turnover Chart

CubicFarm Systems Annual Data
Trend Jun18 Jun19 Jun20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial 4.74 2.38 0.96 0.93 0.37

CubicFarm Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Inventory Turnover 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 0.01 0.02 0.00 0.00 0.00
FRA:7CU
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CubicFarm Systems Corp FRA:7CU
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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CubicFarm Systems Inventory Turnover Calculation

CubicFarm Systems's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=2.838 / ((9.25 + 6.07) / 2 )
=2.838 / 7.66
=0.37

CubicFarm Systems's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=0.015 / ((6.263 + 6.112) / 2 )
=0.015 / 6.1875
=0.00

* 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 0.00 mean?
CubicFarm Systems (FRA:7CU) has a Inventory Turnover of 0.00 as of Sep. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on CubicFarm Systems and its competitors.
Is CubicFarm Systems' Inventory Turnover too high?
CubicFarm Systems' current Inventory Turnover is 0.00. Overall, CubicFarm Systems has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does CubicFarm Systems' Inventory Turnover compare to LEVGQ and NKLAQ?
CubicFarm Systems' Inventory Turnover of 0.00 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Inventory Turnover depends on the Farm & Heavy Construction Machinery 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 CubicFarm Systems and its competitors. CubicFarm Systems's current Inventory Turnover 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 CubicFarm Systems stock overvalued right now?
CubicFarm Systems (FRA:7CU) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. CubicFarm Systems' overall GF Score™ is 10/100. 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 CubicFarm Systems (FRA:7CU), the current Inventory Turnover is 0.00 as of Sep. 2024. 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.

CubicFarm Systems Business Description

Address 7170 Glover Road, Langley, BC, CAN, V2Y 2R1
CubicFarm Systems Corp is an ag-tech company providing automated growing systems for fresh produce and animal feed using HydroGreen Nutrition Technology. It offers turnkey, commercial scale, hydroponic, localized food supply solutions and automated controlled-environment growing systems that can grow predictably and sustainably anywhere on earth. The company enables its customers to grow locally and provide their markets with safe, sustainable, secure, and fresh ingredients that are consistent in color, size, taste, and nutrition, allowing for longer shelf life. The Company has patented technology for auto harvesting and processing methods for growing leafy greens and other crops onsite, indoors, all year round.
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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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