Limitless Venture Group (Limitless Venture Group) Change In Inventory : $-0.05 Mil (TTM As of Jun. 2022)

View and export this data going back to 2008. Start your Free Trial

What is Limitless Venture Group Change In Inventory?

Limitless Venture Group's change in inventory for the quarter that ended in Jun. 2022 was $-0.05 Mil. It means Limitless Venture Group's inventory increased by $0.05 Mil from Jun. 2021 to Jun. 2022 .

Limitless Venture Group's change in inventory for the fiscal year that ended in . 20 was $0.00 Mil. It means Limitless Venture Group's inventory stayed the same from . 20 to . 20 .

Limitless Venture Group's Total Inventories for the quarter that ended in Jun. 2022 was $0.13 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Limitless Venture Group's Days Inventory for the quarter that ended in Jun. 2022 was 31.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. Limitless Venture Group's Inventory Turnover for the quarter that ended in Jun. 2022 was 5.86.

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. Limitless Venture Group's Inventory-to-Revenue for the quarter that ended in Jun. 2022 was 0.09.

Limitless Venture Group Change In Inventory Historical Data

The historical data trend for Limitless Venture Group's Change In Inventory 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.

Limitless Venture Group Change In Inventory Chart

Limitless Venture Group Annual Data

Trend

Change In Inventory

Limitless Venture Group Semi-Annual Data
	Jun21	Jun22
Change In Inventory	-	-0.05

Limitless Venture Group Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.05 Mil.

Limitless Venture Group (OTCPK:LVGI) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Limitless Venture Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.0645	/	0.378	*	365 / 2
	=	31.14

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Limitless Venture Group's Inventory Turnover for the quarter that ended in Jun. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.378	/	0.0645
	=	5.86

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.

Limitless Venture Group's Inventory to Revenue for the quarter that ended in Jun. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0645	/	0.698
	=	0.09

Limitless Venture Group Change In Inventory Related Terms

Thank you for viewing the detailed overview of Limitless Venture Group's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Limitless Venture Group (Limitless Venture Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Limitless Venture Group Inc (OTCPK:LVGI) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

121 East 35 Street, Tulsa, OK, USA, 74105

Website

https://www.lvginc.com

Limitless Venture Group Inc provides its shareholders with access to leading small and medium businesses. The company owns controlling interests in its subsidiary businesses and partners with their management teams to build businesses that can unlock vital value for shareholders.