North Bud Farms (XCNQ:NBUD) Inventory Turnover : 0.00 (As of Aug. 2019)

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What is North Bud Farms Inventory Turnover?

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. North Bud Farms's Cost of Goods Sold for the three months ended in Aug. 2019 was C$0.00 Mil. North Bud Farms's Average Total Inventories for the quarter that ended in Aug. 2019 was C$0.00 Mil.

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

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.

North Bud Farms Inventory Turnover Historical Data

The historical data trend for North Bud Farms'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.

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North Bud Farms Inventory Turnover Chart

North Bud Farms Annual Data

Trend

Nov17

Nov18

Inventory Turnover

North Bud Farms Quarterly Data
	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19
Inventory Turnover	Get a 7-Day Free Trial				-	-	-	-	-

North Bud Farms Inventory Turnover Calculation

North Bud Farms's Inventory Turnover for the fiscal year that ended in Nov. 2018 is calculated as

	Inventory Turnover (A: Nov. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Nov. 2018 )	/ (	(Total Inventories (A: Nov. 2017 )	+	Total Inventories (A: Nov. 2018 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

North Bud Farms's Inventory Turnover for the quarter that ended in Aug. 2019 is calculated as

	Inventory Turnover (Q: Aug. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Aug. 2019 )	/ (	(Total Inventories (Q: May. 2019 )	+	Total Inventories (Q: Aug. 2019 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

North Bud Farms (XCNQ:NBUD) 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.

North Bud Farms's Days Inventory for the three months ended in Aug. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Aug. 2019 )	/	Cost of Goods Sold (Q: Aug. 2019 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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.

North Bud Farms's Inventory to Revenue for the quarter that ended in Aug. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Aug. 2019 )	/	Revenue (Q: Aug. 2019 )
	=	0	/	0
	=

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.

North Bud Farms Inventory Turnover Related Terms

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North Bud Farms (XCNQ:NBUD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » North Bud Farms Inc (XCNQ:NBUD) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

181 Bay Street, Suite 4400, Brookfield Place, Toronto, ON, CAN, M5J 2T3

Website

http://www.northbud.com

North Bud Farms Inc owns a state-of-the-art purpose-built cannabis production facility located on approximately 135 acres of agricultural land in Low, Quebec, Canada. The Low, Quebec facility currently has approximately 24,500 square feet of licensed indoor cultivation space; the company has submitted its licence amendment application to Health Canada to add an additional approximately 1,000,000 square feet of outdoor cultivation space.

Executives

Ryan Brown	Director, Senior Officer
André Audet	Director, Senior Officer
Kosta Kostic	Senior Officer

North Bud Farms (XCNQ:NBUD) Headlines

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