Craftport Cannabis (XCNQ:CFT) Total Inventories: C$0.34 Mil (As of Sep. 2022)

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XCNQ:CFT Craftport Cannabis Corp XCNQ:CFT
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What is Craftport Cannabis Total Inventories?

Craftport Cannabis XCNQ:CFT 10 Total Inventories is C$0.34 Mil as of Sep. 2022. GuruFocus rates XCNQ:CFT with a GF Score™ of 10/100.

Craftport Cannabis's total inventories for the quarter that ended in Sep. 2022 was C$0.34 Mil. Craftport Cannabis's average total inventories from the quarter that ended in Jun. 2022 to the quarter that ended in Sep. 2022 was C$0.44 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Craftport Cannabis's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was C$-0.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Craftport Cannabis's Days Inventory for the three months ended in Sep. 2022 was 253.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Craftport Cannabis's Inventory Turnover for the quarter that ended in Sep. 2022 was 0.36.

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. Craftport Cannabis's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 3.85.


Craftport Cannabis  (XCNQ:CFT) 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.

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

Net-Net Working Capital Per Share (Q: Sep. 2022 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.343701+0.75 * +0.5 * 0.336253-9.793421
-0--3.612571)/58.991343
=-0.10

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

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

Days Inventory=Average Total Inventories (Q: Sep. 2022 )/Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=0.437364/0.157314*365 / 4
=253.69

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

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

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2022 ) / Average Total Inventories (Q: Sep. 2022 )
=0.157314 / 0.437364
=0.36

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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=0.437364 / 0.113493
=3.85

* 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.


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.


Craftport Cannabis Total Inventories Related Terms


Craftport Cannabis Total Inventories Historical Data

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The historical data trend for Craftport 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.

Craftport Cannabis Total Inventories Chart

Craftport Cannabis Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.62 0.96 0.54 0.03

Craftport Cannabis Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.49 0.03 0.36 0.54 0.34
XCNQ:CFT
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Craftport Cannabis Corp XCNQ:CFT
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Craftport 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 C$0.34 Mil mean?
Craftport Cannabis (XCNQ:CFT) has a Total Inventories of C$0.34 Mil as of Sep. 2022. The total amount of inventory as recorded on a company's balance sheet. View historical data for Craftport Cannabis and its competitors.
Is Craftport Cannabis' Total Inventories too high?
Craftport Cannabis' current Total Inventories is C$0.34 Mil. Overall, Craftport Cannabis has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Craftport Cannabis' Total Inventories compare to ZTS and CTLT?
Craftport Cannabis' Total Inventories of C$0.34 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 Craftport Cannabis and its competitors. Craftport Cannabis's current Total Inventories is C$0.34 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Craftport Cannabis stock overvalued right now?
Craftport Cannabis (XCNQ:CFT) has a current Total Inventories of C$0.34 Mil. The current Total Inventories is C$0.34 Mil. Craftport Cannabis' overall GF Score™ is 10/100. 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 Craftport Cannabis (XCNQ:CFT), the current Total Inventories is C$0.34 Mil as of Sep. 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.

Craftport Cannabis Business Description

Address 4715 Paradise Valley Drive, Peachland, BC, CAN, V0H 1X3
Craftport Cannabis Corp is a cannabis licensed producer based in British Columbia. The Company intends to focus on the Canadian premium craft cannabis recreational market by initially utilizing an asset light model. It intends to leverage legacy roots and know how in order to introduce unique genetics and strains to the Canadian market.
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