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Lendway (Lendway) Inventory Turnover : 0.00 (As of Dec. 2023)


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What is Lendway 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. Lendway's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil. Lendway'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.


Lendway Inventory Turnover Historical Data

The historical data trend for Lendway'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.

Lendway Inventory Turnover Chart

Lendway Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.94 71.87 312.94 -137.54 -

Lendway Quarterly Data
Mar19 Jun19 Sep19 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 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 -23.24 374.00 176.46 - -

Lendway Inventory Turnover Calculation

Lendway's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=0 / ((0.029 + 0) / 1 )
=0 / 0.029
=0.00

Lendway'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

* 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.


Lendway  (NAS:LDWY) 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.

Lendway'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.

Lendway'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
=

* 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.


Lendway Inventory Turnover Related Terms

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Lendway (Lendway) Business Description

Traded in Other Exchanges
N/A
Address
212 Third Avenue North, Suite 356, Minneapolis, MN, USA, 55401
Lendway Inc Formerly Insignia Systems Inc offers in-store and digital advertising solutions to consumer-packaged goods manufacturers, retailers, shopper marketing agencies and brokerages. It offers custom design, printing, and store signage programs directly to retailers that seek effective ways to communicate with their shoppers in the store. The company's products include the Insignia Point-of-Purchase Services (POPS) in-store marketing program, Laser printable cardstock and Label supplies. The company shelf-edge advertising and promotion tactic. The program allows manufacturers to deliver product information to consumers at the point-of-purchase. The company also provides marketing solutions to brands spanning from some of the largest multinationals to new and emerging brands.
Executives
Mary Herfurth director 212 THIRD AVENUE NORTH, STE. 356, MINNEAPOLIS MN 55401
Matthew Kelly director 212 THIRD AVENUE NORTH, SUITE 356, MINNEAPOLIS MN 55401
Nicholas John Swenson director, 10 percent owner 5000 WEST 36TH STREET, SUITE 130, MINNEAPOLIS MN 55416
Randy D. Uglem officer: Sr Vice President of Lending 212 THIRD AVE N, STE 356, MINNEAPOLIS MN 55401
Daniel C. Philp director 212 THIRD AVE N, STE 356, MINNEAPOLIS MN 55401
Mark Jundt director 212 THIRD AVE N, STE 356, MINNEAPOLIS MN 55401
Zackery Weber officer: Sr Dir Fin Plng-Interim PAO 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445
Air T Inc 10 percent owner 11020 DAVID TAYLOR DRIVE, SUITE 305, CHARLOTTE NC 28262
Funicular Fund, Lp 10 percent owner 2261 MARKET STREET, #4307, SAN FRANCISCO CA 94114
Chad Bruce Johnson director 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445
Cable Car Capital Llc 10 percent owner 2261 MARKET STREET #4307, SAN FRANCISCO CA 94114
Adam D May officer: CHIEF GROWTH OFFICER 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445
Loren A Unterseher director 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445
Kristine A Glancy officer: Chief Executive Officer 8799 BROOKLYN BLVD., MINNEAPOLIS MN 55445
Suzanne L Clarridge director 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445