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Ozop Energy Solutions Inventory Turnover

: 1.58 (As of Sep. 2020)
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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. Ozop Energy Solutions's Cost of Goods Sold for the three months ended in Sep. 2020 was $0.27 Mil. Ozop Energy Solutions's Total Inventories for the quarter that ended in Sep. 2020 was $0.17 Mil. Ozop Energy Solutions's Inventory Turnover for the quarter that ended in Sep. 2020 was 1.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ozop Energy Solutions's Days Inventory for the three months ended in Sep. 2020 was 57.70.

Total Inventories can be measured by Days Sales of Inventory (DSI). Ozop Energy Solutions's days sales of inventory (DSI) for the three months ended in Sep. 2020 was 63.54.

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. Ozop Energy Solutions's Inventory-to-Revenue for the quarter that ended in Sep. 2020 was 0.70.


Ozop Energy Solutions Inventory Turnover Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Ozop Energy Solutions Annual Data
Apr16 Apr17 Dec18 Dec19
Inventory Turnover 0.00 0.00 0.00 0.15

Ozop Energy Solutions Quarterly Data
Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Inventory Turnover 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 Premium Member Only Premium Member Only Premium Member Only 0.02 0.13 0.00 0.00 1.58

Ozop Energy Solutions Inventory Turnover Calculation

Ozop Energy Solutions's Inventory Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Inventory Turnover (A: Dec. 2019 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (A: Dec. 2019 ) / ((Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count )
=0.057 / ((0 + 0.378) / 1 )
=0.057 / 0.378
=0.15

Ozop Energy Solutions's Inventory Turnover for the quarter that ended in Sep. 2020 is calculated as

Inventory Turnover (Q: Sep. 2020 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (Q: Sep. 2020 ) / ((Total Inventories (Q: Jun. 2020 ) + Total Inventories (Q: Sep. 2020 )) / count )
=0.272 / ((0 + 0.172) / 1 )
=0.272 / 0.172
=1.58

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.


Ozop Energy Solutions  (OTCPK:OZSC) 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.

Ozop Energy Solutions's Days Inventory for the three months ended in Sep. 2020 is calculated as:

Days Inventory =Total Inventories (Q: Sep. 2020 )/Cost of Goods Sold (Q: Sep. 2020 )*Days in Period
=0.172/0.272*365 / 4
=57.70

2. Total Inventories can be measured by Days Sales of Inventory (DSI).

Ozop Energy Solutions's Days Sales of Inventory for the three months ended in Sep. 2020 is calculated as:

Days Sales of Inventory (DSI)=Total Inventories (Q: Sep. 2020 )/Revenue (Q: Sep. 2020 )*Days in Period
=0.172/0.247*365 / 4
=63.54

3. 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.

Ozop Energy Solutions's Inventory to Revenue for the quarter that ended in Sep. 2020 is calculated as

Inventory-to-Revenue=Total Inventories (Q: Sep. 2020 ) / Revenue (Q: Sep. 2020 )
=0.172 / 0.247
=0.70

* All numbers are in millions except for per share data and ratio. All numbers 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.


Ozop Energy Solutions Inventory Turnover Related Terms


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