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AppYea (AppYea) Inventory Turnover : 0.21 (As of Mar. 2024)


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What is AppYea 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. AppYea's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil. AppYea's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.01 Mil. AppYea's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AppYea's Days Inventory for the three months ended in Mar. 2024 was 425.83.

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. AppYea's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.08.

AppYea Inventory Turnover Historical Data

The historical data trend for AppYea'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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AppYea Inventory Turnover Chart

AppYea Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec21 Dec22 Dec23
Inventory Turnover
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AppYea Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.21

AppYea Inventory Turnover Calculation

AppYea's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=0 / ((0 + 0.014) / 1 )
=0 / 0.014
=0.00

AppYea's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=0.003 / ((0.014 + 0.014) / 2 )
=0.003 / 0.014
=0.21

* 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.

AppYea  (OTCPK:APYP) 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.

AppYea's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=0.014/0.003*365 / 4
=425.83

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.

AppYea's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0.014 / 0.013
=1.08

* 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.

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.

AppYea Inventory Turnover Related Terms

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AppYea (AppYea) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » AppYea Inc (OTCPK:APYP) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
16 Natan Alterman Street, Gan Yavne, ISR
Website
https://www.sleepxclear.com
AppYea Inc through its wholly-owned subsidiary SleepX, is an Israeli research and development company that has developed a product for monitoring and treating sleep apnea and snoring. It is a digital health company, focused on the development of accurate wearable monitoring solutions to treat sleep apnea and snoring and fundamentally improve quality of life.
Executives
Boris Molchadsky director, 10 percent owner, officer: Active Chairman 16 NATAN ALTERMAN ST., GAN YAVNE L3 7085118
Douglas O Mckinnon officer: CEO CFO 2104 RIDGE PLAZA DR, CASTLE ROCK CO 80108
Keri Williams director, 10 percent owner, officer: Secretary 916 SUN DOWN DRIVE, STEPHENVILLE TX 76401
Jackie Williams director, 10 percent owner, officer: CEO, CFO, President 147 BEN HOGAN DRIVE, APT B, STEPHENVILLE TX 76401