GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Vado Corp (OTCPK:VADP) » Definitions » Inventory Turnover

Vado (VADP) Inventory Turnover : 0.00 (As of Sep. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Vado 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. Vado's Cost of Goods Sold for the three months ended in Sep. 2023 was $2.60 Mil. Vado'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. Vado's Days Inventory for the three 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. Vado's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Vado Inventory Turnover Historical Data

The historical data trend for Vado'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.

Vado Inventory Turnover Chart

Vado Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21
Inventory Turnover
- - - - -

Vado Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Mar23 Jun23 Sep23
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 - - - - -

Vado Inventory Turnover Calculation

Vado's Inventory Turnover for the fiscal year that ended in Nov. 2021 is calculated as

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

Vado'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: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count )
=2.6 / ((0 + 0) / 1 )
=2.6 / 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.

Vado  (OTCPK:VADP) 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.

Vado's Days Inventory for the three 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
=0/2.6*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.

Vado'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 / 4.35
=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.

Vado Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Vado's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Vado (VADP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Vado Corp (OTCPK:VADP) » Definitions » Inventory Turnover
Comparable Companies
BFAC PRPC ISRL CONX CFIV PHYT BOAC CFFS RCFA PPYA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
4001 South 700 East, Suite 500, Salt Lake City, UT, USA, 84107
Website
https://www.vadocorphq.com
Vado Corp is a development stage company seeking new business opportunities in the United States and abroad.