Token Communities (Token Communities) Inventory Turnover : 0.22 (As of Dec. 2023)

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What is Token Communities 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. Token Communities's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.01 Mil. Token Communities's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.06 Mil. Token Communities's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Token Communities's Days Inventory for the three months ended in Dec. 2023 was 422.03.

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.

Token Communities Inventory Turnover Historical Data

The historical data trend for Token Communities'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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Token Communities Inventory Turnover Chart

Token Communities Annual Data

Trend

Jun16

Jun17

Jun18

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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1.02

Token Communities Quarterly Data
	Mar18	Jun18	Sep18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	0.52	0.24	0.22

Token Communities Inventory Turnover Calculation

Token Communities's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	0.047	/ (	(0	+	0.046)	/	1 )
=	0.047	/	0.046
=	1.02

Token Communities'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	0.012	/ (	(0.053	+	0.058)	/	2 )
=	0.012	/	0.0555
=	0.22

Token Communities (OTCPK:TKCM) 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.

Token Communities'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
	=	0.0555	/	0.012	*	365 / 4
	=	422.03

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.

Token Communities'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 )
	=	0.0555	/	0
	=

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.

Token Communities Inventory Turnover Related Terms

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Token Communities (Token Communities) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Token Communities Ltd (OTCPK:TKCM) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

850 Tidewater Shore Loop, Suite 402, Bradenton, FL, USA, 34208

Website

http://www.tokencommunities.com

Token Communities Ltd is the United States based development stage company. Token Communities researches and creates a white paper analysis for companies regarding blockchain technology.

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