5G Networks (5G Networks) Inventory Turnover : 0.00 (As of Jun. 2023)

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What is 5G Networks 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. 5G Networks's Cost of Goods Sold for the six months ended in Jun. 2023 was $0.00 Mil. 5G Networks's Average Total Inventories for the quarter that ended in Jun. 2023 was $0.14 Mil. 5G Networks's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.00.

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

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.

5G Networks Inventory Turnover Historical Data

The historical data trend for 5G Networks'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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5G Networks Inventory Turnover Chart

5G Networks Annual Data

Trend

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Inventory Turnover

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5G Networks Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Jun22	Jun23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

5G Networks Inventory Turnover Calculation

5G Networks's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	0	/ (	(0.141	+	0)	/	1 )
=	0	/	0.141
=	0.00

5G Networks's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	0	/ (	(0.141	+	0)	/	1 )
=	0	/	0.141
=	0.00

5G Networks (OTCPK:MLBEF) 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.

5G Networks's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	0.141	/	0	*	365 / 2
	=

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.

5G Networks's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	0.141	/	0
	=

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.

5G Networks Inventory Turnover Related Terms

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5G Networks (5G Networks) Business Description

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5GN:Australia

Address

505 Little Collins Street, Level 7, Melbourne, VIC, AUS, 3000

Website

https://www.webcentral.com.au

Webcentral Ltd is an Australia-based digital services company engaged in providing domain management, website development and hosting, office and productivity applications, and online marketing. The company's segment includes Data Centres, Networks and Cloud Applications; Managed Services and Webcentral. It generates maximum revenue from the Webcentral segment, which provides Webcentral domains, email, web hosting and digital marketing business.