Cal Bay International (Cal Bay International) Days Inventory : 29.71 (As of Sep. 2006)

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What is Cal Bay International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cal Bay International's Average Total Inventories for the three months ended in Sep. 2006 was $0.29 Mil. Cal Bay International's Cost of Goods Sold for the three months ended in Sep. 2006 was $0.90 Mil. Hence, Cal Bay International's Days Inventory for the three months ended in Sep. 2006 was 29.71.

The historical rank and industry rank for Cal Bay International's Days Inventory or its related term are showing as below:

CBYI's Days Inventory is not ranked ^*
in the Capital Markets industry.
Industry Median: 66.99
* Ranked among companies with meaningful Days Inventory only.

Cal Bay International's Days Inventory increased from Sep. 2005 (0.00) to Sep. 2006 (29.71). It might indicate that Cal Bay International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cal Bay International's Inventory Turnover for the three months ended in Sep. 2006 was 3.07.

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. Cal Bay International's Inventory-to-Revenue for the three months ended in Sep. 2006 was 9.16.

Cal Bay International Days Inventory Historical Data

The historical data trend for Cal Bay International'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.

Cal Bay International Days Inventory Chart

Cal Bay International Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Days Inventory

59.12

Cal Bay International Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
Days Inventory	Get a 7-Day Free Trial															-	51.71	30.31	-	29.71

Competitive Comparison of Cal Bay International's Days Inventory

For the Capital Markets subindustry, Cal Bay International'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.

Cal Bay International's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cal Bay International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cal Bay International's Days Inventory falls into.

Cal Bay International Days Inventory Calculation

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

Cal Bay International's Days Inventory for the fiscal year that ended in Dec. 2005 is calculated as

	Days Inventory (A: Dec. 2005 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2004 )	+	Total Inventories (A: Dec. 2005 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2005 )	*	Days in Period
=	( (0	+	0.293)	/	1 )	/	1.809	*	365
=	0.293					/	1.809	*	365
=	59.12

Cal Bay International's Days Inventory for the quarter that ended in Sep. 2006 is calculated as:

	Days Inventory (Q: Sep. 2006 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2006 )	+	Total Inventories (Q: Sep. 2006 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2006 )	*	Days in Period
=	( (0	+	0.293)	/	1 )	/	0.9	*	365 / 4
=	0.293					/	0.9	*	365 / 4
=	29.71

Cal Bay International (OTCPK:CBYI) 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.

Cal Bay International's Inventory Turnover for the three months ended in Sep. 2006 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.9	/	0.293
	=	3.07

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.

Cal Bay International's Inventory to Revenue for the three months ended in Sep. 2006 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.293	/	0.032
	=	9.16

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.

Cal Bay International Days Inventory Related Terms

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

Cal Bay International (Cal Bay International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cal Bay International Inc (OTCPK:CBYI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1887 Whitney Mesa Drive, No. 2127, Henderson, NV, USA, 89014

Website

https://www.cbyintl.com

Cal Bay International Inc acquired a Financial, merchant card processing system, CB Green Card, that allows the legal payment to the dispensary by patients using the CB Green card for purchases within the dispensaries. The majority of the transactions are on a cash only basis. The company's merchant processing system allows for the registered dispensaries to be able to accept and process the patients CB Green card and have the proceeds deposited to their financial institution, creating an alternative to holding large amounts of non depositable cash to the banks and at the same time creating a verifiable transaction of sales for state and Federal tax collection agencies. The company has also developed a formula specifically designed for enhancing the growth of marijuana plants.