Cannabis Global (Cannabis Global) Days Sales Outstanding : 49.37 (As of May. 2022)

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What is Cannabis Global Days Sales Outstanding?

Cannabis Global's average Accounts Receivable for the three months ended in May. 2022 was $0.43 Mil. Cannabis Global's Revenue for the three months ended in May. 2022 was $0.79 Mil. Hence, Cannabis Global's Days Sales Outstanding for the three months ended in May. 2022 was 49.37.

The historical rank and industry rank for Cannabis Global's Days Sales Outstanding or its related term are showing as below:

CBGL's Days Sales Outstanding is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 71.84
* Ranked among companies with meaningful Days Sales Outstanding only.

Cannabis Global's Days Sales Outstanding increased from May. 2021 (28.01) to May. 2022 (49.37).

Cannabis Global Days Sales Outstanding Historical Data

The historical data trend for Cannabis Global's Days Sales Outstanding 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.

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Cannabis Global Days Sales Outstanding Chart

Cannabis Global Annual Data

Trend

Aug12

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Days Sales Outstanding

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25.76

Cannabis Global Quarterly Data
	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22
Days Sales Outstanding	Get a 7-Day Free Trial															28.01	34.18	27.70	49.85	49.37

Competitive Comparison of Cannabis Global's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Cannabis Global's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.

Cannabis Global's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Cannabis Global's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Cannabis Global's Days Sales Outstanding falls into.

Cannabis Global Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Cannabis Global's Days Sales Outstanding for the fiscal year that ended in Aug. 2021 is calculated as

	Days Sales Outstanding (A: Aug. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2020 )	+	Accounts Receivable (A: Aug. 2021 ))	/	count )	/	Revenue (A: Aug. 2021 )	*	Days in Period
=	( (0	+	0.113)	/	1 )	/	1.601	*	365
=	0.113					/	1.601	*	365
=	25.76

Cannabis Global's Days Sales Outstanding for the quarter that ended in May. 2022 is calculated as:

	Days Sales Outstanding (Q: May. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2022 )	+	Accounts Receivable (A: May. 2022 ))	/	count )	/	Revenue (A: May. 2022 )	*	Days in Period
=	( (0.452	+	0.405)	/	2 )	/	0.792	*	365 / 4
=	0.4285					/	0.792	*	365 / 4
=	49.37

Cannabis Global (OTCPK:CBGL) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Cannabis Global Days Sales Outstanding Related Terms

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Cannabis Global (Cannabis Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Cannabis Global Inc (OTCPK:CBGL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

520 S. Grand Avenue, Suite 320, Los Angeles, CA, USA, 90071

Website

https://www.cannabisglobalinc.com

Cannabis Global 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 primarily 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.

Executives

Jim L. Riley	director	C/O CANNABIS GLOBAL INC., 520 S GRAND AVENUE, SUITE 320, LOS ANGELES CA 90071
Ghs Investments, Llc	10 percent owner	0830 SOUTH EASTERN AVENUE, #124-376, LAS VEGAS NV 89123
Hymers Iii R. Leslie	director, 10 percent owner	520 S GRAND AVENUE, STE 320, LOS ANGELES CA 90071
Arman Tabatabaei	director, officer: CEO, CFO	520 SOUTH GRAND AVENUE, SUITE 320, LOS ANGELES CA 90071
Lauderdale Holdings, Llc	director, 10 percent owner, officer: CEO/President/CFO	1919 NW 19 STREET, FT LAUDERDALE FL 33311
Harmel S Rayat	10 percent owner	700 - 688 WEST HASTINGS STREET, VANCOUVER A1 V6B 1P1
David A Gamache	director, officer: SECRETARY/TREASURER/CFO	3905 NATIONAL DRIVE, SUITE 110, BURTONSVILLE MD 20866
Meetesh V Patel	director, officer: PRESIDENT/CEO	8775 CENTRE PARK DRIVE, # 210, COLUMBIA MD 21045
Pattiann Hiranandani	director	3905 NATIONAL DRIVE, BURTONSVILLE MD 20866