WidePoint (WidePoint) Inventory-to-Revenue

: 0.02 (As of Dec. 2023)

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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. WidePoint's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.4 Mil. WidePoint's Revenue for the three months ended in Dec. 2023 was $28.3 Mil. WidePoint's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

WidePoint's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.02) to Sep. 2023 (0.02)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. WidePoint's Days Inventory for the three months ended in Dec. 2023 was 1.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. WidePoint's Inventory Turnover for the quarter that ended in Dec. 2023 was 56.34.

WidePoint Inventory-to-Revenue Historical Data

The historical data trend for WidePoint's Inventory-to-Revenue 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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WidePoint Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

0.01

WidePoint Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory-to-Revenue																0.02	0.01	0.01	0.02	0.02

Competitive Comparison

For the Information Technology Services subindustry, WidePoint's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

WidePoint Inventory-to-Revenue Distribution

For the Software industry and Technology sector, WidePoint's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where WidePoint's Inventory-to-Revenue falls into.

WidePoint Inventory-to-Revenue Calculation

WidePoint's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (0.222	+	0.366)	/	2 )	/	106.026
=	0.294					/	106.026
=	0.00

WidePoint's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (0.494	+	0.366)	/	2 )	/	28.256
=	0.43					/	28.256
=	0.02

WidePoint (AMEX:WYY) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

More Related Terms:

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

WidePoint'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
	=	0.43	/	24.225	*	365 / 4
	=	1.62

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

WidePoint's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	24.225	/	0.43
	=	56.34

WidePoint Inventory-to-Revenue Related Terms

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WidePoint (WidePoint) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WidePoint Corp (AMEX:WYY) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

ZMX1:Germany

Address

11250 Waples Mill Road, Suite 210, South Tower, Fairfax, VA, USA, 22030

Website

https://www.widepoint.com

WidePoint Corp is a provider of Technology Management as a Service (TMaaS) that consists of federally certified communications management, identity management, interactive bill presentment and analytics, and Information Technology as a Service solution. Its solutions include Telecom Lifecycle Management, Digital billing communications solutions, and Mobile and Identity management. Geographic regions are North America and Europe, and the majority of the revenue comes from North America.

Executives

James Bernard Rice	director	11250 WAPLES MILL ROAD, SOUTH TOWER, SUITE 210, FAIRFAX VA 22030
Julia A Bowen	director	7926 JONES BRANCH DRIVE, SUITE 520, MCLEAN VA 22012
Ian Sparling	officer: CEO, Soft-Ex	7926 JONES BRANCH DRIVE, SUITE 520, MCLEAN VA 22102
Robert J George	officer: Chief Financial Officer
John J Fitzgerald	director	2000 EDMUND HALLEY DR, RESTON VA 20191
Jason Holloway	officer: EVP and Chief Sales and Market	C/O 7926 JONES BRANCH DRIVE, SUITE 520, MCLEAN VA 22102
Todd Dzyak	officer: COO	11250 WAPLES MILL ROAD, SOUTH TOWER 210, FAIRFAX VA 22030
Philip N Garfinkle	director	C/O WIDEPOINT CORPORATION, 11250 WAPLES MILL ROAD, SUITE 210, FAIRFAX VA 22030
Jin Kang	officer: President - iSYS, LLC	1163 DALEVIEW DRIVE, MCLEAN VA 22102
Otto J Guenther	director	8611 CROSS OAKS LN, FAIRFAX STATION VA 22039
Richard L Todaro	director	C/O GREAT AMERICAN GROUP, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
Kellie H Kim	officer: Chief Financial Officer	11250 WAPLES MILL ROAD, SUITE 210, FAIRFAX VA 22030
Nokomis Capital, L.l.c.	10 percent owner	1717 MCKINNEY AVENUE, SUITE 850, DALLAS TX 75202
Morton S Taubman	director	1201 FIFTEENTH STREET, N.W., SECOND FLOOR, WASHINGTON DC 20005
Kito Mussa	officer: Interim CFO	C/O 7926 JONES BRANCH DRIVE, SUITE 520, MCLEAN VA 22102