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US Nuclear (US Nuclear) Inventory Turnover : 0.06 (As of Sep. 2023)


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What is US Nuclear 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. US Nuclear's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.13 Mil. US Nuclear's Average Total Inventories for the quarter that ended in Sep. 2023 was $2.02 Mil. US Nuclear's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. US Nuclear's Days Inventory for the three months ended in Sep. 2023 was 1,438.97.

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. US Nuclear's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 3.40.


US Nuclear Inventory Turnover Historical Data

The historical data trend for US Nuclear'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.

US Nuclear Inventory Turnover Chart

US Nuclear Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.45 1.50 1.06 0.49 0.68

US Nuclear Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.22 0.24 0.10 0.15 0.06

US Nuclear Inventory Turnover Calculation

US Nuclear's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Inventory Turnover (A: Dec. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2022 ) / ((Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count )
=1.303 / ((1.792 + 2.025) / 2 )
=1.303 / 1.9085
=0.68

US Nuclear's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover (Q: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2023 ) / ((Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count )
=0.128 / ((1.973 + 2.064) / 2 )
=0.128 / 2.0185
=0.06

* 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.


US Nuclear  (OTCPK:UCLE) 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.

US Nuclear's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=2.0185/0.128*365 / 4
=1,438.97

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.

US Nuclear's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=2.0185 / 0.594
=3.40

* 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.


US Nuclear Inventory Turnover Related Terms

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US Nuclear (US Nuclear) Business Description

Traded in Other Exchanges
N/A
Address
c/o Robert I. Goldstein, 7051 Eton Avenue, Canoga Park, CA, USA, 91303
US Nuclear Corp is a radiation detection holding company. The company designs and manufactures nuclear radiation detection and safety equipment. Its operating segment includes Optron and Overhoff. The company generates maximum revenue from Overhoff segment. The company products include radiation water monitors, tritium monitors, air and water monitors, nano-second x-ray monitors, and vehicle, personnel, exit and room monitors. It also offers handheld survey meters/dosimeters, and port security equipment, along with supporting software and services.
Executives
Richard Chiang director 460 BRANNAN STREET SUITE 78064, SAN FRANCISCO CA 94107
Rachel Boulds Cpa, Pllc officer: CFO and Secretary 6371 S. GLENOAKS STREET, MURRAY UT 84107
Gerald Entine director 100 BELVIDERE STREET, SUITE 10B, BOSTON MA 02199
Robert I Goldstein director, officer: CEO & President 7051 ETON AVENUE, CANOGA PARK X1 91303