Ilika (AQSE:IKA.GB) Inventory Turnover : 0.00 (As of Oct. 2023)

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What is Ilika 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. Ilika's Cost of Goods Sold for the six months ended in Oct. 2023 was £0.93 Mil. Ilika's Average Total Inventories for the quarter that ended in Oct. 2023 was £0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ilika's Days Inventory for the six months ended in Oct. 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. Ilika's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.00.

Ilika Inventory Turnover Historical Data

The historical data trend for Ilika'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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Ilika Inventory Turnover Chart

Ilika Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Inventory Turnover

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Ilika Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Ilika Inventory Turnover Calculation

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

	Inventory Turnover (A: Apr. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Apr. 2023 )	/ (	(Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )
=	0.404	/ (	(0	+	0)	/	1 )
=	0.404	/	0
=	N/A

Ilika's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

	Inventory Turnover (Q: Oct. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Oct. 2023 )	/ (	(Total Inventories (Q: Apr. 2023 )	+	Total Inventories (Q: Oct. 2023 ))	/	count )
=	0.925	/ (	(0	+	0)	/	1 )
=	0.925	/	0
=	N/A

Ilika (AQSE:IKA.GB) 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.

Ilika's Days Inventory for the six months ended in Oct. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2023 )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
	=	0	/	0.925	*	365 / 2
	=	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.

Ilika's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Oct. 2023 )	/	Revenue (Q: Oct. 2023 )
	=	0	/	0.007
	=	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.

Ilika Inventory Turnover Related Terms

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Ilika (AQSE:IKA.GB) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ilika PLC (AQSE:IKA.GB) » Definitions » Inventory Turnover

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ILIKF:USA IKA:UK I8A:Germany

Address

Unit 10a, The Quadrangle, Abbey Park Industrial Estate, Romsey, GBR, SO51 9DL

Website

https://www.ilika.com

Ilika PLC is a pioneer in solid-state battery technology with its innovative Stereax micro batteries designed for Industrial IoT and MedTech markets. It also offers Goliath large format batteries for the electric vehicle and consumer electronics markets. Ilika works closely with its ecosystem of partners to provide customisable Stereax micro batteries that provide the specific power requirements to IoT or MedTech applications. Stereax battery technology offers compelling advantages over conventional lithium-ion batteries, including smaller footprint, high energy density, non-toxic materials, faster charging, increased cycle life, low leakage and reduced flammability. Stereax solid state batteries are also customisable in shape and form, stackable and operational at high temperatures.

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