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Cannabusiness Group (Cannabusiness Group) Days Inventory : 28.37 (As of Dec. 2007)


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What is Cannabusiness Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cannabusiness Group's Average Total Inventories for the six months ended in Dec. 2007 was $0.59 Mil. Cannabusiness Group's Cost of Goods Sold for the six months ended in Dec. 2007 was $7.58 Mil. Hence, Cannabusiness Group's Days Inventory for the six months ended in Dec. 2007 was 14.19.

The historical rank and industry rank for Cannabusiness Group's Days Inventory or its related term are showing as below:

CBGI's Days Inventory is not ranked *
in the Real Estate industry.
Industry Median: 696.13
* Ranked among companies with meaningful Days Inventory only.

Cannabusiness Group's Days Inventory declined from Dec. 2005 (103.54) to Dec. 2007 (28.37).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cannabusiness Group's Inventory Turnover for the six months 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 six months ended in Dec. 2007 was 0.04.


Cannabusiness Group Days Inventory Historical Data

The historical data trend for Cannabusiness Group's Days Inventory 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.

* Premium members only.

Cannabusiness Group Days Inventory Chart

Cannabusiness Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 103.54 44.64 28.37

Cannabusiness Group Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 103.54 44.64 28.37

Competitive Comparison of Cannabusiness Group's Days Inventory

For the Real Estate Services subindustry, Cannabusiness Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cannabusiness Group's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cannabusiness Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cannabusiness Group's Days Inventory falls into.



Cannabusiness Group Days Inventory Calculation

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 fiscal year that ended in Dec. 2007 is calculated as

Days Inventory (A: Dec. 2007 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2006 ) + Total Inventories (A: Dec. 2007 )) / count ) / Cost of Goods Sold (A: Dec. 2007 )*Days in Period
=( (0.555 + 0.624) / 2 ) / 7.583*365
=0.5895 / 7.583*365
=28.37

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

Days Inventory (Q: Dec. 2007 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2006 ) + Total Inventories (Q: Dec. 2007 )) / count ) / Cost of Goods Sold (Q: Dec. 2007 )*Days in Period
=( (0.555 + 0.624) / 2 ) / 7.583*365 / 2
=0.5895 / 7.583*365 / 2
=14.19

* 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  (OTCPK:CBGI) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

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

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.

Cannabusiness Group's Inventory to Revenue for the six months ended in Dec. 2007 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Cannabusiness Group Days Inventory Related Terms

Thank you for viewing the detailed overview of Cannabusiness Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Cannabusiness Group (Cannabusiness Group) Business Description

Traded in Other Exchanges
N/A
Address
3133 Fortune Way, Suite 15, Wellington, FL, USA, 33414
Cannabusiness Group Inc is engaged in manufacturing sports nutrition. The company offers products including Napalm, Mre, Nuke and Thermofuse.

Cannabusiness Group (Cannabusiness Group) Headlines

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