Ceapro Inc V.CZO

Chemicals Specialty Chemicals

Ceapro Inc. is a Canada-based biotechnology company. The Company is involved in the development of extraction technology and the application of this technology to the production of extracts and active ingredients from oats and other renewable plant resources. Its primary business activities relate to the development and commercialization of natural products for personal care, cosmetic, human, and animal health industries using technology, natural, renewable resources, and developing products, technologies, and delivery systems. The Company's products include a commercial line of natural active ingredients, including beta glucan, avenanthramides (colloidal oat extract), oat powder, oat oil, oat peptides, and lupin peptides, a commercial line of natural anti-aging skincare products, utilizing active ingredients, including beta glucan and avenanthramides and veterinary therapeutic products, including an oat shampoo, an ear cleanser, and a dermal complex/conditioner.

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Ceapro Inc > Inventory climbs to new record

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Comment by Hopeforthebeston May 26, 2023 8:26am

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RE:Inventory climbs to new record

Yes this is very disturbing news as any person with an ounce of business knowledge will tell you that this a sign of lost/no sales failed forecasting and increased cost. These last 3 qrtr shave shown what happens when you put your all and only eggs in 1 basket and fail to react to market condition, lower revenues, increased cost, lower margins.
I guess the next question is what is the life cycle of the inventory?

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