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Visiber57 (OTCPK:VCOR) Inventory Turnover

: 0.00 (As of Feb. 2023)
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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. Visiber57's Cost of Goods Sold for the three months ended in Feb. 2023 was $0.00 Mil. Visiber57's Average Total Inventories for the quarter that ended in Feb. 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.


Visiber57 Inventory Turnover Historical Data

The historical data trend for Visiber57'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.

Visiber57 Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Inventory Turnover
Premium Member Only Premium Member Only Premium Member Only - - - - -

Visiber57 Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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 - - - - -

Visiber57 Inventory Turnover Calculation

Visiber57's Inventory Turnover for the fiscal year that ended in Aug. 2022 is calculated as

Inventory Turnover (A: Aug. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Aug. 2022 ) / ((Total Inventories (A: Aug. 2021 ) + Total Inventories (A: Aug. 2022 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Visiber57's Inventory Turnover for the quarter that ended in Feb. 2023 is calculated as

Inventory Turnover (Q: Feb. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2023 ) / ((Total Inventories (Q: Nov. 2022 ) + Total Inventories (Q: Feb. 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.


Visiber57  (OTCPK:VCOR) 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.

Visiber57's Days Inventory for the three months ended in Feb. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2023 )/Cost of Goods Sold (Q: Feb. 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.

Visiber57's Inventory to Revenue for the quarter that ended in Feb. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2023 ) / Revenue (Q: Feb. 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.


Visiber57 Inventory Turnover Related Terms

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Visiber57 (OTCPK:VCOR) Business Description

Traded in Other Exchanges
N/A
Address
Yanping North Road, No. 104-2F, Section 1, Datong District, Taipei, TWN, 10341
Visiber57 Corp is a shell company.
Executives
Chip Jin Eng officer: Chief Financial Officer UNIT B19, 9/F, EFFICIENCY HOUSE, 35 TAI YAU ST, SAN PO KONG, KOWLOON K3 00000
Choong Jeng Hew director, 10 percent owner, officer: CEO & President UNIT B19, 9/F, EFFICIENCY HOUSE, 35 TAI YAU ST, SAN PO KONG, KOWLOON K3 0000000
57 Society International Ltd 10 percent owner UNIT B19, 9/F EFFICIENCY HOUSE, 35 TAI YAU STREET, SAN PO KONG, KOWLOON K3 00000

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