MBG Holdings (MBG Holdings) Inventory Turnover : 20.38 (As of Sep. 2022)

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What is MBG Holdings 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. MBG Holdings's Cost of Goods Sold for the three months ended in Sep. 2022 was $10.78 Mil. MBG Holdings's Average Total Inventories for the quarter that ended in Sep. 2022 was $0.53 Mil. MBG Holdings's Inventory Turnover for the quarter that ended in Sep. 2022 was 20.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MBG Holdings's Days Inventory for the three months ended in Sep. 2022 was 4.48.

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. MBG Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 0.04.

MBG Holdings Inventory Turnover Historical Data

The historical data trend for MBG Holdings'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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MBG Holdings Inventory Turnover Chart

MBG Holdings Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec20

Dec21

Inventory Turnover

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MBG Holdings Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Inventory Turnover	Get a 7-Day Free Trial															-	-	36.29	42.76	20.38

MBG Holdings Inventory Turnover Calculation

MBG Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

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

MBG Holdings's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

	Inventory Turnover (Q: Sep. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2022 )	/ (	(Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Sep. 2022 ))	/	count )
=	10.782	/ (	(0.26	+	0.798)	/	2 )
=	10.782	/	0.529
=	20.38

MBG Holdings (OTCPK:MBGH) 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.

MBG Holdings's Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2022 )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
	=	0.529	/	10.782	*	365 / 4
	=	4.48

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.

MBG Holdings's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	0.529	/	13.526
	=	0.04

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.

MBG Holdings Inventory Turnover Related Terms

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MBG Holdings (MBG Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MBG Holdings Inc (OTCPK:MBGH) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

4301 West Bank Drive, Suite 110B, Austin, TX, USA, 78746

Website

https://www.multibandglobal.com

MBG Holdings Inc offers a solution for the complete IT and Network Lifecycle from deployment to decommissioning. It specializes in large-scale telecommunications, system, network planning and engineering, fire and life safety systems, low voltage cabling, electronic security, audiovisual, installation services, electronic waste recycling, and data destruction.

Executives

Repository Services Llc

10 percent owner

C/O STAUBER LAW OFFICES, 9420 WILSHIRE BOULEVARD, 2ND FLOOR, BEVERLY HILLS CA 90212

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