Ability (Ability) Inventory Turnover : 0.00 (As of Dec. 2021)

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What is Ability 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. Ability's Cost of Goods Sold for the six months ended in Dec. 2021 was $0.82 Mil. Ability's Average Total Inventories for the quarter that ended in Dec. 2021 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ability's Days Inventory for the six months ended in Dec. 2021 was 0.00.

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. Ability's Inventory-to-Revenue for the quarter that ended in Dec. 2021 was 0.00.

Ability Inventory Turnover Historical Data

The historical data trend for Ability'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.

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Ability Inventory Turnover Chart

Ability Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

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11.14

32.74

Ability Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Inventory Turnover	Get a 7-Day Free Trial												-	-	-	-	-

Ability Inventory Turnover Calculation

Ability's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	1.95	/ (	(0	+	0)	/	1 )
=	1.95	/	0
=	N/A

Ability's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as

	Inventory Turnover (Q: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2021 )	/ (	(Total Inventories (Q: Jun. 2021 )	+	Total Inventories (Q: Dec. 2021 ))	/	count )
=	0.815	/ (	(0	+	0)	/	1 )
=	0.815	/	0
=	N/A

Ability (OTCPK:ABILF) 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.

Ability's Days Inventory for the six months ended in Dec. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2021 )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
	=	0	/	0.815	*	365 / 2
	=	0.00

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.

Ability's Inventory to Revenue for the quarter that ended in Dec. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2021 )	/	Revenue (Q: Dec. 2021 )
	=	0	/	0.308
	=	0.00

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.

Ability Inventory Turnover Related Terms

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Ability (Ability) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ability Inc (OTCPK:ABILF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yad Harutzim 14, Tel Aviv, ISR, 6770007

Website

https://www.interceptors.com

Ability Inc is a holding company which provides advanced interception, geolocation and cyber intelligence products and solutions that serve the needs and increasing challenges of security and intelligence agencies, military forces, law enforcement agencies and homeland security agencies across the world. The company specializes in offering off-air interception of voice, SMS, and data communication from both cellular and satellite communication networks and deciphering solutions for both cellular and satellite communications. Its portfolio of cellular communications solutions includes interception of voice, SMS, and data, an advanced geolocation system, and cyber solutions. Most of the company's revenue comes from the Asia region.

Executives

Benjamin Gordon	director	C/O CAMBRIDGE CAPITAL ACQUISITION CORP, 525 SOUTH FLAGLER DRIVE, SUITE 201, WEST PALM BEACH FL 33401
Derek Zissman	director	YAD HARUTZIM 14, TEL AVIV L3 677077
Efraim Halevy	director	YAD HARUTZIM 14, TEL AVIV L3 677077
Alexander Aurovsky	director, 10 percent owner, officer: Chief Technology Officer	YAD HARUTZIM 14, TEL AVIV L3 677077
Anatoly Hurgin	director, 10 percent owner, officer: Chief Executive Officer	YAD HARUTZIM 14, TEL AVIV L3 677077
Avi Levin	officer: Chief Financial Officer	YAD HARUTZIM 14, TEL AVIV L3 677077