Cannabis Global (Cannabis Global) Total Inventories : $0.20 Mil (As of May. 2022)

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What is Cannabis Global Total Inventories?

Cannabis Global's total inventories for the quarter that ended in May. 2022 was $0.20 Mil. Cannabis Global's average total inventories from the quarter that ended in Feb. 2022 to the quarter that ended in May. 2022 was $0.20 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Cannabis Global's Net-Net Working Capital per share for the quarter that ended in May. 2022 was $-0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cannabis Global's Days Inventory for the three months ended in May. 2022 was 23.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cannabis Global's Inventory Turnover for the quarter that ended in May. 2022 was 3.96.

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. Cannabis Global's Inventory-to-Revenue for the quarter that ended in May. 2022 was 0.25.

Cannabis Global Total Inventories Historical Data

The historical data trend for Cannabis Global'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.

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Cannabis Global Total Inventories Chart

Cannabis Global Annual Data

Trend

Aug12

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Aug21

Total Inventories

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0.08

0.19

Cannabis Global Quarterly Data
	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22
Total Inventories	Get a 7-Day Free Trial															0.18	0.19	0.32	0.20	0.20

Cannabis Global 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.

Cannabis Global (OTCPK:CBGL) 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.

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

	Net-Net Working Capital Per Share (Q: May. 2022 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.253	+	0.75 * 0.405	+	0.5 * 0.198	-	7.287
-	0.001	-	4.408)	/	553.143
=	-0.02

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

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

Days Inventory	=	Average Total Inventories (Q: May. 2022 )	/	Cost of Goods Sold (Q: May. 2022 )	*	Days in Period
	=	0.197	/	0.78	*	365 / 4
	=	23.05

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

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

Inventory Turnover	=	Cost of Goods Sold (Q: May. 2022 )	/	Average Total Inventories (Q: May. 2022 )
	=	0.78	/	0.197
	=	3.96

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: May. 2022 )	/	Revenue (Q: May. 2022 )
	=	0.197	/	0.792
	=	0.25

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.

Cannabis Global Total Inventories 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 » Total Inventories

Comparable Companies

Traded in Other Exchanges

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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