American Virtual Cloud Technologies (American Virtual Cloud Technologies) Inventory Turnover

: 0.00 (As of Mar. 2023)

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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. American Virtual Cloud Technologies's Cost of Goods Sold for the three months ended in Mar. 2023 was $3.11 Mil. American Virtual Cloud Technologies's Average Total Inventories for the quarter that ended in Mar. 2023 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. American Virtual Cloud Technologies's Days Inventory for the three months ended in Mar. 2023 was 0.00.

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. American Virtual Cloud Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.00.

American Virtual Cloud Technologies Inventory Turnover Historical Data

The historical data trend for American Virtual Cloud Technologies'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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American Virtual Cloud Technologies Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Inventory Turnover

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American Virtual Cloud Technologies Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

American Virtual Cloud Technologies Inventory Turnover Calculation

American Virtual Cloud Technologies's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	18.372	/ (	(0	+	0)	/	1 )
=	18.372	/	0
=	N/A

American Virtual Cloud Technologies's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

	Inventory Turnover (Q: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )
=	3.106	/ (	(0	+	0)	/	1 )
=	3.106	/	0
=	N/A

American Virtual Cloud Technologies (OTCPK:AVCTQ) 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.

American Virtual Cloud Technologies's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2023 )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
	=	0	/	3.106	*	365 / 4
	=	0.00

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.

American Virtual Cloud Technologies's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	0	/	4.063
	=	0.00

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.

American Virtual Cloud Technologies Inventory Turnover Related Terms

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American Virtual Cloud Technologies (American Virtual Cloud Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » American Virtual Cloud Technologies Inc (OTCPK:AVCTQ) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1720 Peachtree Street, Suite 629, Atlanta, GA, USA, 30309

Website

https://www.avctechnologies.com

American Virtual Cloud Technologies Inc is engaged in the business of providing IT solutions. The company, along with its subsidiaries, offers various services like private & hybrid data centers, enterprise networking solutions, unified cloud communications, managed services, cybersecurity, and enhanced connectivity. It caters its services to different sectors such as Energy, Finance, Healthcare, Manufacturing & logistics, Public sector, Retail and hospitality, Technology service providers, and Others. It has two segments Computex and Kandy. Geographically, it generates the majority of its revenue from the domestic market.

Executives

Charles E. Sweet	director	1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Ribbon Communications Inc.	10 percent owner	6500 CHASE OAKS BOULEVARD, PLANO TX 75023
Adrian Foltz	officer: Chief Financial Officer	1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Onex Evans	officer: Chief Accounting Officer	1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Michael Tessler	director	C/O BROADSOFT, INC., 220 PERRY PARKWAY, GAITHERSBURG MD 20877
Mock Lawrence E, Jr.	director	ONE BUCKHEAD PLAZA, 3060 PEACHTREE RD, SUITE 780, ATLANTA GA 30305
Dennis P Lockhart	director	100 GOLF ROAD, GOLF IL 60029
Pensare Sponsor Group, Llc	10 percent owner	1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Spac Opportunity Fund I, L.p.	10 percent owner	2870 PEACHTREE ROAD NW, SUITE 509, ATLANTA GA 30305
Navigation Capital Partners, Inc.	10 percent owner	2870 PEACHTREE RD. NW, UNIT 509, ATLANTA GA 30305
Navigation Capital Partners Ii, L.p.	10 percent owner	2870 PEACHTREE RD. NW, UNIT 509, ATLANTA GA 30305
Stratos Management Systems Holdings Llc	10 percent owner	2870 PEACHTREE RD. NW, UNIT 509, ATLANTA GA 30305
Kevin Keough	officer: President	1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Robert E. Willis	director	C/O PENSARE SPONSOR GROUP, LLC, 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Spac Opportunity Partners, Llc	10 percent owner	2870 PEACHTREE ROAD NW, SUITE 509, ATLANTA GA 30305