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iSign Media Solutions (STU:IMS) Inventory Turnover : 0.31 (As of Jan. 2023)


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What is iSign Media Solutions 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. iSign Media Solutions's Cost of Goods Sold for the three months ended in Jan. 2023 was €0.00 Mil. iSign Media Solutions's Average Total Inventories for the quarter that ended in Jan. 2023 was €0.01 Mil. iSign Media Solutions's Inventory Turnover for the quarter that ended in Jan. 2023 was 0.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. iSign Media Solutions's Days Inventory for the three months ended in Jan. 2023 was 296.56.

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.


iSign Media Solutions Inventory Turnover Historical Data

The historical data trend for iSign Media Solutions'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.

iSign Media Solutions Inventory Turnover Chart

iSign Media Solutions Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.83 1.85

iSign Media Solutions Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 0.67 0.46 0.43 0.43 0.31

iSign Media Solutions Inventory Turnover Calculation

iSign Media Solutions's Inventory Turnover for the fiscal year that ended in Apr. 2022 is calculated as

Inventory Turnover (A: Apr. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Apr. 2022 ) / ((Total Inventories (A: Apr. 2021 ) + Total Inventories (A: Apr. 2022 )) / count )
=0.012 / ((0.006 + 0.007) / 2 )
=0.012 / 0.0065
=1.85

iSign Media Solutions's Inventory Turnover for the quarter that ended in Jan. 2023 is calculated as

Inventory Turnover (Q: Jan. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jan. 2023 ) / ((Total Inventories (Q: Oct. 2022 ) + Total Inventories (Q: Jan. 2023 )) / count )
=0.002 / ((0.007 + 0.006) / 2 )
=0.002 / 0.0065
=0.31

* 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.


iSign Media Solutions  (STU:IMS) 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.

iSign Media Solutions's Days Inventory for the three months ended in Jan. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Jan. 2023 )/Cost of Goods Sold (Q: Jan. 2023 )*Days in Period
=0.0065/0.002*365 / 4
=296.56

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.

iSign Media Solutions's Inventory to Revenue for the quarter that ended in Jan. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2023 ) / Revenue (Q: Jan. 2023 )
=0.0065 / 0
=

* 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.


iSign Media Solutions Inventory Turnover Related Terms

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iSign Media Solutions (STU:IMS) Business Description

Traded in Other Exchanges
N/A
Address
105 West Beaver Creek Road, Suite 303, Richmond Hill, ON, CAN, L4B 1C6
iSign Media Solutions Inc is a data-focused Software-as-a-Service (SaaS) company. It is engaged in gathering point-of-sale data and mobile shopper preferences to generate actionable data and reveal valuable consumer insights. It mainly offers two solutions, which includes Smart Antenna which utilizes Bluetooth and Wi-Fi location-aware technology and Interactive Marketing System which uses Bluetooth. Most of its revenue is generated from North America.

iSign Media Solutions (STU:IMS) Headlines

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