Cal Bay International (Cal Bay International) Inventory Turnover : 3.07 (As of Sep. 2006)

View and export this data going back to . Start your Free Trial

What is Cal Bay International 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. Cal Bay International's Cost of Goods Sold for the three months ended in Sep. 2006 was $0.90 Mil. Cal Bay International's Average Total Inventories for the quarter that ended in Sep. 2006 was $0.29 Mil. Cal Bay International's Inventory Turnover for the quarter that ended in Sep. 2006 was 3.07.

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 three months ended in Sep. 2006 was 29.71.

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 quarter that ended in Sep. 2006 was 9.16.

Cal Bay International Inventory Turnover Historical Data

The historical data trend for Cal Bay International'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.

* Premium members only.

Cal Bay International Inventory Turnover Chart

Cal Bay International Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Inventory Turnover

6.17

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
Inventory Turnover	Get a 7-Day Free Trial															-	1.76	3.01	-	3.07

Cal Bay International Inventory Turnover Calculation

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

	Inventory Turnover (A: Dec. 2005 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2005 )	/ (	(Total Inventories (A: Dec. 2004 )	+	Total Inventories (A: Dec. 2005 ))	/	count )
=	1.809	/ (	(0	+	0.293)	/	1 )
=	1.809	/	0.293
=	6.17

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

	Inventory Turnover (Q: Sep. 2006 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2006 )	/ (	(Total Inventories (Q: Jun. 2006 )	+	Total Inventories (Q: Sep. 2006 ))	/	count )
=	0.9	/ (	(0	+	0.293)	/	1 )
=	0.9	/	0.293
=	3.07

Cal Bay International (OTCPK:CBYI) 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.

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

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

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 quarter that ended in Sep. 2006 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2006 )	/	Revenue (Q: Sep. 2006 )
	=	0.293	/	0.032
	=	9.16

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.

Cal Bay International Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Cal Bay International's Inventory Turnover 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 » Inventory Turnover

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.