CBGL (Cannabis Global) Total Inventories: $0.20 Mil (As of May. 2022)


What is Cannabis Global Total Inventories?

Cannabis Global CBGL Total Inventories is $0.20 Mil as of May. 2022.

Cannabis Global's total inventories for the quarter that ended in May. 2022 was $0.20 Mil. Cannabis Global's average total inventories from the quarter that ended in Feb. 2022 to the quarter that ended in May. 2022 was $0.20 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Cannabis Global's Net-Net Working Capital per share for the quarter that ended in May. 2022 was $-0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cannabis Global's Days Inventory for the three months ended in May. 2022 was 23.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cannabis Global's Inventory Turnover for the quarter that ended in May. 2022 was 3.96.

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. Cannabis Global's Inventory-to-Revenue for the quarter that ended in May. 2022 was 0.25.

Cannabis Global  (OTCPK:CBGL) 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.

Cannabis Global's Net-Net Working Capital Per Share for the quarter that ended in May. 2022 is

Net-Net Working Capital Per Share (Q: May. 2022 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.253+0.75 * 0.405+0.5 * 0.198-7.287
-0.001-4.408)/553.143
=-0.02

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

Cannabis Global's Days Inventory for the three months ended in May. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: May. 2022 )/Cost of Goods Sold (Q: May. 2022 )*Days in Period
=0.197/0.78*365 / 4
=23.05

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

Cannabis Global's Inventory Turnover for the quarter that ended in May. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: May. 2022 ) / Average Total Inventories (Q: May. 2022 )
=0.78 / 0.197
=3.96

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.

Cannabis Global's Inventory to Revenue for the quarter that ended in May. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: May. 2022 ) / Revenue (Q: May. 2022 )
=0.197 / 0.792
=0.25

* 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.

Cannabis Global Total Inventories Related Terms

Cannabis Global Total Inventories Historical Data

* Premium members only.

The historical data trend for Cannabis Global'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.

Cannabis Global Total Inventories Chart

Cannabis Global Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.08 0.19

Cannabis Global Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
Total Inventories 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 0.18 0.19 0.32 0.20 0.20

Cannabis Global 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 $0.20 Mil mean?
Cannabis Global (CBGL) has a Total Inventories of $0.20 Mil as of May. 2022. The total amount of inventory as recorded on a company's balance sheet. View historical data for Cannabis Global and its competitors.
Is Cannabis Global's Total Inventories too high?
Cannabis Global's current Total Inventories is $0.20 Mil.
How does Cannabis Global's Total Inventories compare to MILC and BBBT?
Cannabis Global's Total Inventories of $0.20 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Total Inventories depends on the Drug Manufacturers 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 Cannabis Global and its competitors. Cannabis Global's current Total Inventories is $0.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cannabis Global stock overvalued right now?
Cannabis Global (CBGL) has a current Total Inventories of $0.20 Mil. The current Total Inventories is $0.20 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 Cannabis Global (CBGL), the current Total Inventories is $0.20 Mil as of May. 2022. 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.

Cannabis Global Business Description

Address 520 S Grand Avenue, Suite 320, Los Angeles, CA, USA, 90071
Cannabis Global Inc manufactures and distributes various cannabis products via its majority ownership of Natural Plant Extract, Inc is developing the Ethos Comply Bag, and generally conducts research and development in the areas of hemp, cannabis and consumer food goods. The company also have an active research and development program focused on creating and commercializing engineered technologies that deliver hemp extracts and cannabinoids to the human body. Its product includes cannabis flower packaged in various weights, cannabis Pre-rolls, cannabis edible products.