Intercede Group (LSE:IGP) Inventory Turnover : 0.00 (As of Sep. 2023)

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What is Intercede Group 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. Intercede Group's Cost of Goods Sold for the six months ended in Sep. 2023 was £0.07 Mil. Intercede Group's Average Total Inventories for the quarter that ended in Sep. 2023 was £0.00 Mil.

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

Intercede Group Inventory Turnover Historical Data

The historical data trend for Intercede Group'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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Intercede Group Inventory Turnover Chart

Intercede Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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Intercede Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Intercede Group Inventory Turnover Calculation

Intercede Group's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	0.403	/ (	(0	+	0)	/	1 )
=	0.403	/	0
=	N/A

Intercede Group's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	0.066000000000001	/ (	(0	+	0)	/	1 )
=	0.066000000000001	/	0
=	N/A

Intercede Group (LSE:IGP) 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.

Intercede Group's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0	/	0.066000000000001	*	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.

Intercede Group's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0	/	6.993
	=	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.

Intercede Group Inventory Turnover Related Terms

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Intercede Group (LSE:IGP) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Intercede Group PLC (LSE:IGP) » Definitions » Inventory Turnover

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LYD:Germany

Address

St. Mary's Road, Lutterworth Hall, Lutterworth, Leicestershire, GBR, LE17 4PS

Website

https://www.intercede.com

Intercede Group PLC is an independent developer and supplier of identity and credential management software. Its product portfolio includes MyID, an identity, and credential management system, RapID is the password killer for killer apps, and MyTAM enables Android app developers and service providers to deploy trusted applications to the trusted execution environment in a simple and cost-effective manner. The company serves a diverse range of markets including governments, enterprises, app developers, and service providers. It has operational footprints across the United Kingdom, Rest of Europe, North America, and Rest of World. The Majority of its revenue is derived from North America.

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