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Grow Capital (Grow Capital) Inventory Turnover : 0.00 (As of Mar. 2021)


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What is Grow Capital 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. Grow Capital's Cost of Goods Sold for the three months ended in Mar. 2021 was $6.70 Mil. Grow Capital's Average Total Inventories for the quarter that ended in Mar. 2021 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grow Capital's Days Inventory for the three months ended in Mar. 2021 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. Grow Capital's Inventory-to-Revenue for the quarter that ended in Mar. 2021 was 0.00.


Grow Capital Inventory Turnover Historical Data

The historical data trend for Grow Capital'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.

* Premium members only.

Grow Capital Inventory Turnover Chart

Grow Capital Annual Data
Trend Dec11 Dec12 Dec13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Inventory Turnover
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Grow Capital Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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Grow Capital Inventory Turnover Calculation

Grow Capital's Inventory Turnover for the fiscal year that ended in Jun. 2020 is calculated as

Inventory Turnover (A: Jun. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2020 ) / ((Total Inventories (A: Jun. 2019 ) + Total Inventories (A: Jun. 2020 )) / count )
=1.268 / ((0 + 0) / 1 )
=1.268 / 0
=N/A

Grow Capital's Inventory Turnover for the quarter that ended in Mar. 2021 is calculated as

Inventory Turnover (Q: Mar. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2021 ) / ((Total Inventories (Q: Dec. 2020 ) + Total Inventories (Q: Mar. 2021 )) / count )
=6.697 / ((0 + 0) / 1 )
=6.697 / 0
=N/A

* 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.


Grow Capital  (OTCPK:GRWC) 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.

Grow Capital's Days Inventory for the three months ended in Mar. 2021 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2021 )/Cost of Goods Sold (Q: Mar. 2021 )*Days in Period
=0/6.697*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.

Grow Capital's Inventory to Revenue for the quarter that ended in Mar. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2021 ) / Revenue (Q: Mar. 2021 )
=0 / 8.071
=0.00

* 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.


Grow Capital Inventory Turnover Related Terms

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Grow Capital (Grow Capital) Business Description

Traded in Other Exchanges
N/A
Address
2485 Village View Drive, Suite 180, Henderson, NV, USA, 89074
Grow Capital Inc is a technology solutions company focused on software, technology, and financial services business. The company serves industries such as insurance, blockchain and crypto currency, mobile payment processing, crowd funding, budgeting, stock trading, and robo-advising apps. Its operating segment includes Bombshell Technologies and corporate and Resort at Lake Selmac. The company generates maximum revenue from Bombshell Technologies and corporate segment.
Executives
Carl Sanko director, officer: Secretary 4824 DENARO DRIVE LAS VEGAS NV 89135
Jonathan Eric Bonnette director, 10 percent owner, officer: CTO 722 W DUTTON ROAD EAGLE POINT OR 97524
James John Olson director, officer: Chairman 45 AMARANTH DRIVE LITTLETON CO 80127
Terry Joe Kennedy director, 10 percent owner, officer: CEO and President 2485 VILLAGE VIEW DRIVE STE #190 HENDERSON NV 89074
Trevor Keegan Hall officer: CFO and Treasurer 6145 S. RAINBOW BLVD, STE 105 LAS VEGAS NV 89118
Joel Aaron Bonnette officer: CEO Bombshell Technologies Inc 25769 ROYAL BIRKDALE DR DENHAM SPRINGS LA 70726
Wayne Andrew Zallen director, 10 percent owner 722 W. DUTTON RD EAGLE POINT OR 97524
David Tobias director PO BOX 1602, MESQUITE NV 89024
Joann Zallen Cleckner officer: Corporate Secretary 3681 WINDGATE STREET MEDFORD OR 97504
Michael Myers director 647 S DEPEW STREET LAKEWOOD CO 80226
Kevin John Asher officer: CFO 2116 E. BEAUTIFUL LANE PHOENIX AZ 85042
Gregory Wayne Holmes director, officer: President 4349 E. SANDS DRIVE PHOENIX AZ 85050
Thomas Lee Harker officer: CTO 1350 N. GOLDEN KEY STREET GILBERT AZ 85233
Hoffmann Christian J. Iii director ONE RENAISSANCE SQUARE, TWO NORTH CENTRAL AVENUE, PHOENIX AZ 85004
Charles H House director 2464 IRON MOUNTAIN DRIVE, PARK CITY UT 84060