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PCS Edventures!.com (PCS Edventures!.com) Inventory Turnover : 0.17 (As of Dec. 2023)


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What is PCS Edventures!.com 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. PCS Edventures!.com's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.31 Mil. PCS Edventures!.com's Average Total Inventories for the quarter that ended in Dec. 2023 was $1.79 Mil. PCS Edventures!.com's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PCS Edventures!.com's Days Inventory for the three months ended in Dec. 2023 was 526.37.

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. PCS Edventures!.com's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 3.91.

PCS Edventures!.com Inventory Turnover Historical Data

The historical data trend for PCS Edventures!.com'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.

PCS Edventures!.com Inventory Turnover Chart

PCS Edventures!.com Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.40 17.32 6.49 7.26 5.69

PCS Edventures!.com Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Dec22 Dec23
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 2.14 1.12 1.21 1.92 0.17

PCS Edventures!.com Inventory Turnover Calculation

PCS Edventures!.com's Inventory Turnover for the fiscal year that ended in Mar. 2016 is calculated as

Inventory Turnover (A: Mar. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2016 ) / ((Total Inventories (A: Mar. 2015 ) + Total Inventories (A: Mar. 2016 )) / count )
=1.263 / ((0.251 + 0.193) / 2 )
=1.263 / 0.222
=5.69

PCS Edventures!.com's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count )
=0.311 / ((0 + 1.794) / 1 )
=0.311 / 1.794
=0.17

* 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.

PCS Edventures!.com  (OTCPK:PCSV) 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.

PCS Edventures!.com's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=1.794/0.311*365 / 4
=526.37

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.

PCS Edventures!.com's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=1.794 / 0.459
=3.91

* 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.

PCS Edventures!.com Inventory Turnover Related Terms

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PCS Edventures!.com (PCS Edventures!.com) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » PCS Edventures!.com Inc (OTCPK:PCSV) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
11915 W. Executive Drive, Suite 101, Boise, ID, USA, 83713
Website
https://www.edventures.com
PCS Edventures!.com Inc develops and markets educational programs. It specializes in experiential, hands-on, K12 education and drone technology. The company's key products include science, technology, engineering, and math products, EdventuresLab products and services, and Thrust UAV. It serves an afterschool market, elementary classrooms, technical education, parents and home educators. The company also has a presence in Australia, India, Egypt, Saudi Arabia, Pakistan, and Mexico.
Executives
Paula Lupriore director 200 FLYNN ROAD, CAMARILLO CA 93012
Britt E Ide director 345 BOBWHITE COURT, SUITE 200, BOISE ID 83706