Cannabix Technologies (FRA:8CT) Inventory Turnover: 0.85 (As of Jan. 2026)


FRA:8CT Cannabix Technologies Inc FRA:8CT
32 GF Score
Price €0.36
! 2 Warning Signs
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What is Cannabix Technologies Inventory Turnover?

Cannabix Technologies FRA:8CT +7.14% 32 Inventory Turnover is 0.85 as of Jan. 2026. GuruFocus rates FRA:8CT with a GF Score™ of 32/100. The stock has 2 warning signs investors should review.

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. Cannabix Technologies's Cost of Goods Sold for the three months ended in Jan. 2026 was €0.03 Mil. Cannabix Technologies's Average Total Inventories for the quarter that ended in Jan. 2026 was €0.04 Mil. Cannabix Technologies's Inventory Turnover for the quarter that ended in Jan. 2026 was 0.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cannabix Technologies's Days Inventory for the three months ended in Jan. 2026 was 107.35.

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. Cannabix Technologies's Inventory-to-Revenue for the quarter that ended in Jan. 2026 was 1.82.


Cannabix Technologies  (FRA:8CT) 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.

Cannabix Technologies's Days Inventory for the three months ended in Jan. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Jan. 2026 )/Cost of Goods Sold (Q: Jan. 2026 )*Days in Period
=0.04/0.034*365 / 4
=107.35

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.

Cannabix Technologies's Inventory to Revenue for the quarter that ended in Jan. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2026 ) / Revenue (Q: Jan. 2026 )
=0.04 / 0.022
=1.82

* 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.


Cannabix Technologies Inventory Turnover Related Terms


Cannabix Technologies Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Cannabix Technologies'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.

Cannabix Technologies Inventory Turnover Chart

Cannabix Technologies Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Cannabix Technologies Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 0.00 0.00 0.00 6.00 0.85
FRA:8CT
32GF Score
Cannabix Technologies Inc FRA:8CT
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Cannabix Technologies Inventory Turnover Calculation

Cannabix Technologies's Inventory Turnover for the fiscal year that ended in Apr. 2025 is calculated as

Inventory Turnover (A: Apr. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Apr. 2025 ) / ((Total Inventories (A: Apr. 2024 ) + Total Inventories (A: Apr. 2025 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Cannabix Technologies's Inventory Turnover for the quarter that ended in Jan. 2026 is calculated as

Inventory Turnover (Q: Jan. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jan. 2026 ) / ((Total Inventories (Q: Oct. 2025 ) + Total Inventories (Q: Jan. 2026 )) / count )
=0.034 / ((0.008 + 0.072) / 2 )
=0.034 / 0.04
=0.85

* 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 0.85 mean?
Cannabix Technologies (FRA:8CT) has a Inventory Turnover of 0.85 as of Jan. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Cannabix Technologies and its competitors.
Is Cannabix Technologies' Inventory Turnover too high?
Cannabix Technologies' current Inventory Turnover is 0.85. Overall, Cannabix Technologies has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Cannabix Technologies' Inventory Turnover compare to ABT and SYK?
Cannabix Technologies' Inventory Turnover of 0.85 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Inventory Turnover depends on the Medical Devices & Instruments 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 Cannabix Technologies and its competitors. Cannabix Technologies's current Inventory Turnover is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cannabix Technologies stock overvalued right now?
Cannabix Technologies (FRA:8CT) has a current Inventory Turnover of 0.85. The current Inventory Turnover is 0.85. Cannabix Technologies' overall GF Score™ is 32/100 with 2 warning signs to review. 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 Cannabix Technologies (FRA:8CT), the current Inventory Turnover is 0.85 as of Jan. 2026. 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.

Cannabix Technologies Business Description

Address 3292 Production Way, Suite 501, Burnaby, BC, CAN, V5A 4R4
Cannabix Technologies Inc is engaged in the development of marijuana and alcohol breath testing technologies. Its products are Cannabix Marijuana Breath Test and BreathLogix Alcohol Breathalyzer.
32GF Score

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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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