CBGI (Cannabusiness Group) Total Inventories: $0.62 Mil (As of Dec. 2007)


What is Cannabusiness Group Total Inventories?

Cannabusiness Group CBGI -90.00% Total Inventories is $0.62 Mil as of Dec. 2007.

Cannabusiness Group's total inventories for the quarter that ended in Dec. 2007 was $0.62 Mil. Cannabusiness Group's average total inventories from the quarter that ended in Dec. 2006 to the quarter that ended in Dec. 2007 was $0.59 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Cannabusiness Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2007 was $-4,290.00.

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 Turnover measures how fast the company turns over its inventory within a year. Cannabusiness Group's Inventory Turnover for the quarter that ended in Dec. 2007 was 12.86.

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) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Cannabusiness Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2007 is

Net-Net Working Capital Per Share (Q: Dec. 2007 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.511+0.75 * 0.168+0.5 * 0.624-5.999
-0.24-0)/0.001
=-4,290.00

2. 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

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2007 ) / Average Total Inventories (Q: Dec. 2007 )
=7.583 / 0.5895
=12.86

4. 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Cannabusiness Group Total Inventories Related Terms

Cannabusiness Group Total Inventories Historical Data

* Premium members only.

The historical data trend for Cannabusiness Group's Total Inventories 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 Total Inventories Chart

Cannabusiness Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.38 0.56 0.62

Cannabusiness Group Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.38 0.56 0.62

Cannabusiness Group Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.62 Mil mean?
Cannabusiness Group (CBGI) has a Total Inventories of $0.62 Mil as of Dec. 2007. The total amount of inventory as recorded on a company's balance sheet. View historical data for Cannabusiness Group and its competitors.
Is Cannabusiness Group's Total Inventories too high?
Cannabusiness Group's current Total Inventories is $0.62 Mil.
How does Cannabusiness Group's Total Inventories compare to BIEI and BKIT?
Cannabusiness Group's Total Inventories of $0.62 Mil 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 Total Inventories for a Real Estate company?
A good Total Inventories depends on the Real Estate industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Cannabusiness Group and its competitors. Cannabusiness Group's current Total Inventories is $0.62 Mil. 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 Total Inventories of $0.62 Mil. The current Total Inventories is $0.62 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Cannabusiness Group (CBGI), the current Total Inventories is $0.62 Mil 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.