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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. Global Tech Industries Group's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.00 Mil. Global Tech Industries Group's Revenue for the three months ended in Dec. 2023 was $0.00 Mil.
Global Tech Industries Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 stayed the same from Sep. 2023 (0.00) to Sep. 2023 (0.00)
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Inventory Turnover measures how fast the company turns over its inventory within a year.
The historical data trend for Global Tech Industries Group's Inventory-to-Revenue 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.
Global Tech Industries Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Inventory-to-Revenue | Get a 7-Day Free Trial | - | - | 12.13 | - | - |
Global Tech Industries Group Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Inventory-to-Revenue | Get a 7-Day Free Trial | - | - | - | - | - |
For the Conglomerates subindustry, Global Tech Industries Group's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Conglomerates industry and Industrials sector, Global Tech Industries Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Global Tech Industries Group's Inventory-to-Revenue falls into.
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.
Global Tech Industries Group's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
Inventory-to-Revenue (A: Dec. 2023 ) | |||||||
= | Average Total Inventories | / | Revenue | ||||
= | ( (Total Inventories (A: Dec. 2022 ) | + | Total Inventories (A: Dec. 2023 )) | / | count ) | / | Revenue (A: Dec. 2023 ) |
= | ( (0 | + | 0) | / | 1 ) | / | 0 |
= | 0 | / | 0 | ||||
= | N/A |
Global Tech Industries Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as
Inventory-to-Revenue (Q: Dec. 2023 ) | |||||||
= | Average Total Inventories | / | Revenue | ||||
= | ( (Total Inventories (Q: Sep. 2023 ) | + | Total Inventories (Q: Dec. 2023 )) | / | count ) | / | Revenue (Q: Dec. 2023 ) |
= | ( (0 | + | 0) | / | 1 ) | / | 0 |
= | 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.
Global Tech Industries Group (OTCPK:GTII) Inventory-to-Revenue Explanation
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenueLikewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenueMore Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Global Tech Industries Group's Days Inventory for the three months ended in Dec. 2023 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Dec. 2023 ) | / | Cost of Goods Sold (Q: Dec. 2023 ) | * | Days in Period |
= | 0 | / | 0 | * | 365 / 4 | |
= |
2. Inventory Turnover measures how fast the company turns over its inventory within a year.
Global Tech Industries Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Dec. 2023 ) | / | Average Total Inventories (Q: Dec. 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.
Thank you for viewing the detailed overview of Global Tech Industries Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
David I Reichman | director, officer: CEO and President | 511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011 |
Frank Benintendo | director | 11 SEAMAN COURT, OLD BRIDGE NJ 08857 |
Don Harold Gilbert | director | PO BOX 090122, STATEN ISLAND NY 10309 |
Kathy M Griffin | director, officer: President | 98 BLACK ROCK DRIVE, HINGHAM MA 02043 |
Global Tech Industries Group, Inc. | director, 10 percent owner, officer: Chief Executive Officer | 511 SIXTH AVENUE, SUITE 800, NEW YORK NY 10011 |
Tree Top Industries, Inc. Profit Sharing Plan Trust | other: Employee Trust | 40 CENTRAL PARK SOUTH, 8H, NEW YORK NY 10019 |
Robert Hantman | director | 511 SIXTH AVENUE, SUITE 800, NEW YORK NY 10011 |
Michael Valle | director | 511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011 |
L G Davis | 10 percent owner | 511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011 |
Justine Reichman | 10 percent owner | 511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011 |
Trisha Woods | 10 percent owner, officer: President of Wholly-Owned Sub. | 1041 N. FORMOSA AVE., WRITERS' BLDG 2 & 3, WEST HOLLYWOOD CA 90046 |
James Black | 10 percent owner | 1041 N. FORMOSA AVE., WRITERS' BLDG 2 & 3, WEST HOLLYWOOD CA 90046 |
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