Cannabusiness Group (Cannabusiness Group) Inventory Turnover : 12.86 (As of Dec. 2007)

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What is Cannabusiness Group Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Cannabusiness Group's Cost of Goods Sold for the six months ended in Dec. 2007 was $7.58 Mil. Cannabusiness Group's Average Total Inventories for the quarter that ended in Dec. 2007 was $0.59 Mil. Cannabusiness Group's Inventory Turnover for the quarter that ended in Dec. 2007 was 12.86.

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 six months ended in Dec. 2007 was 14.19.

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 quarter that ended in Dec. 2007 was 0.04.

Cannabusiness Group Inventory Turnover Historical Data

The historical data trend for Cannabusiness Group's Inventory Turnover 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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Cannabusiness Group Inventory Turnover Chart

Cannabusiness Group Annual Data

Trend

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Inventory Turnover

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3.53

8.18

12.86

Cannabusiness Group Semi-Annual Data
	Dec96	Dec97	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07
Inventory Turnover	Get a 7-Day Free Trial							-	-	3.53	8.18	12.86

Cannabusiness Group Inventory Turnover Calculation

Cannabusiness Group's Inventory Turnover for the fiscal year that ended in Dec. 2007 is calculated as

	Inventory Turnover (A: Dec. 2007 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2007 )	/ (	(Total Inventories (A: Dec. 2006 )	+	Total Inventories (A: Dec. 2007 ))	/	count )
=	7.583	/ (	(0.555	+	0.624)	/	2 )
=	7.583	/	0.5895
=	12.86

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

	Inventory Turnover (Q: Dec. 2007 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2007 )	/ (	(Total Inventories (Q: Dec. 2006 )	+	Total Inventories (Q: Dec. 2007 ))	/	count )
=	7.583	/ (	(0.555	+	0.624)	/	2 )
=	7.583	/	0.5895
=	12.86

Cannabusiness Group (OTCPK:CBGI) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. 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 six months ended in Dec. 2007 is calculated as:

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

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 quarter that ended in Dec. 2007 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2007 )	/	Revenue (Q: Dec. 2007 )
	=	0.5895	/	13.603
	=	0.04

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Cannabusiness Group Inventory Turnover Related Terms

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Cannabusiness Group (Cannabusiness Group) Business Description

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Address

3133 Fortune Way, Suite 15, Wellington, FL, USA, 33414

Website

http://www.musclewarfare.com

Cannabusiness Group Inc is engaged in manufacturing sports nutrition. The company offers products including Napalm, Mre, Nuke and Thermofuse.

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