TRCNF (Transnational Cannabis) Total Inventories: $0.18 Mil (As of Nov. 2019)

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What is Transnational Cannabis Total Inventories?

Transnational Cannabis TRCNF -97.50% Total Inventories is $0.18 Mil as of Nov. 2019.

Transnational Cannabis's total inventories for the quarter that ended in Nov. 2019 was $0.18 Mil. Transnational Cannabis's average total inventories from the quarter that ended in Aug. 2019 to the quarter that ended in Nov. 2019 was $0.18 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Transnational Cannabis's Net-Net Working Capital per share for the quarter that ended in Nov. 2019 was $-0.04.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Transnational Cannabis's Inventory Turnover for the quarter that ended in Nov. 2019 was 0.00.

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.

Transnational Cannabis  (OTCPK:TRCNF) 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.

Transnational Cannabis's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2019 is

Net-Net Working Capital Per Share (Q: Nov. 2019 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.493+0.75 * 0+0.5 * 0.181-25.235
-0-0.661)/706.106
=-0.04

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

Transnational Cannabis's Days Inventory for the three months ended in Nov. 2019 is calculated as:

Days Inventory=Average Total Inventories (Q: Nov. 2019 )/Cost of Goods Sold (Q: Nov. 2019 )*Days in Period
=0.1805/0*365 / 4
=

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

Transnational Cannabis's Inventory Turnover for the quarter that ended in Nov. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Nov. 2019 ) / Average Total Inventories (Q: Nov. 2019 )
=0 / 0.1805
=0.00

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.

Transnational Cannabis's Inventory to Revenue for the quarter that ended in Nov. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2019 ) / Revenue (Q: Nov. 2019 )
=0.1805 / 0
=

* 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.

Transnational Cannabis Total Inventories Related Terms

Transnational Cannabis Total Inventories Historical Data

* Premium members only.

The historical data trend for Transnational Cannabis'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.

Transnational Cannabis Total Inventories Chart

Transnational Cannabis Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.03 0.00 0.00 0.00

Transnational Cannabis Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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 0.00 0.00 0.00 0.18 0.18

Transnational Cannabis 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 $0.18 Mil mean?
Transnational Cannabis (TRCNF) has a Total Inventories of $0.18 Mil as of Nov. 2019. The total amount of inventory as recorded on a company's balance sheet. View historical data for Transnational Cannabis and its competitors.
Is Transnational Cannabis' Total Inventories too high?
Transnational Cannabis' current Total Inventories is $0.18 Mil.
How does Transnational Cannabis' Total Inventories compare to CLSH and KAYS?
Transnational Cannabis' Total Inventories of $0.18 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 Transnational Cannabis and its competitors. Transnational Cannabis's current Total Inventories is $0.18 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transnational Cannabis stock overvalued right now?
Transnational Cannabis (TRCNF) has a current Total Inventories of $0.18 Mil. The current Total Inventories is $0.18 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 Transnational Cannabis (TRCNF), the current Total Inventories is $0.18 Mil as of Nov. 2019. 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.

Transnational Cannabis Business Description

Address 37 King Street East, Suite 409, Toronto, ON, CAN, M5C 1E9
Transnational Cannabis Ltd, formerly ICC International Cannabis Corp is a Canadian company which is engaged in planning, designing, building and operating cannabis production, processing, and distribution facilities. The company through its holdings is engaged in the pharmaceutical distribution, wholesale importation, research, and development, as well as working interests in industrial hemp licenses in Greece, licenses to cultivate, produce, distribute, store, and export Cannabis and Cannabis derivatives in Colombia, the Kingdom of Lesotho, Africa, and Denmark.