Worldwide NFT (Worldwide NFT) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Worldwide NFT 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. Worldwide NFT's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil. Worldwide NFT's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

Worldwide NFT Inventory Turnover Historical Data

The historical data trend for Worldwide NFT'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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Worldwide NFT Inventory Turnover Chart

Worldwide NFT Annual Data

Trend

Jun12

Jun21

Jun22

Jun23

Inventory Turnover

Worldwide NFT Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial														-	-	-	-	-

Worldwide NFT Inventory Turnover Calculation

Worldwide NFT'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	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Worldwide NFT'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	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Worldwide NFT (OTCPK:WNFT) 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.

Worldwide NFT'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	/	0	*	365 / 4
	=

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.

Worldwide NFT'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	/	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.

Worldwide NFT Inventory Turnover Related Terms

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Worldwide NFT (Worldwide NFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Worldwide NFT Inc (OTCPK:WNFT) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

3535 Executive Terminal Drive, Suite 150, Henderson, NV, USA, 89052

Website

Worldwide NFT Inc, formerly Goff Corp is a Blank check company.

Executives

Vasquez Serna Manuel Hernando	director	CARRERA 58, NO.75 - 159 OF #7, BARRANQUILLA F8 0000
Warwick Adam Calasse	director, 10 percent owner, officer: Pres/CEO/Treas/Sec/CFO	24 GARDENER ROAD, ARCTURUS, RUWA Y5 0000

Worldwide NFT (Worldwide NFT) Headlines

No Headlines