GURUFOCUS.COM » STOCK LIST » Technology » Software » AudioEye Inc (NAS:AEYE) » Definitions » Inventory Turnover

AEYE (AudioEye) Inventory Turnover : 0.00 (As of Dec. 2024)


View and export this data going back to 2013. Start your Free Trial

What is AudioEye 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. AudioEye's Cost of Goods Sold for the three months ended in Dec. 2024 was $1.91 Mil. AudioEye's Average Total Inventories for the quarter that ended in Dec. 2024 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AudioEye's Days Inventory for the three months ended in Dec. 2024 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. AudioEye's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.


AudioEye Inventory Turnover Historical Data

The historical data trend for AudioEye'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.

AudioEye Inventory Turnover Chart

AudioEye Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

AudioEye Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - - -

AudioEye Inventory Turnover Calculation

AudioEye's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=7.261 / ((0 + 0) / 1 )
=7.261 / 0
=N/A

AudioEye's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=1.913 / ((0 + 0) / 1 )
=1.913 / 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.


AudioEye  (NAS:AEYE) 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.

AudioEye's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=0/1.913*365 / 4
=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.

AudioEye's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=0 / 9.723
=0.00

* 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.


AudioEye Inventory Turnover Related Terms

Thank you for viewing the detailed overview of AudioEye's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


AudioEye Business Description

Traded in Other Exchanges
N/A
Address
5210 East Williams Circle, Suite 750, Tucson, AZ, USA, 85711
AudioEye Inc is a software solution provider delivering immediate ADA and WCAG accessibility compliance at scale. Through patented technology, subject matter expertise and proprietary processes, it is eradicating all barriers to digital accessibility, helping creators get accessible and supporting them with ongoing advisory and automated upkeep. Trusted by the ADP, Tommy Hilfiger, A360 Media, Samsung, Landry's, and others. It helps everyone identify and resolve issues of accessibility and enhance user experiences, automating digital accessibility for the widest audiences.
Executives
Jamil A. Tahir director 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711
Carr Bettis director, 10 percent owner, officer: Exec Chrmn/Chrmn of the Board 9070 S. RITA ROAD, SUITE 1450, TUCSON AZ 85747
David Moradi 10 percent owner 379 WEST BROADWAY, NEW YORK NY 10021
Kelly Georgevich officer: Chief Financial Officer 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711
Katherine E. Fleming director ONE MIFFLIN PLACE, 119 MT. AUBURN STREET, SUITE 400, CAMBRIDGE MA 02138
Christopher Hundley officer: President C/O AUDIOEYE,INC., 5210 E. WILLIAMS CIRCLE, SUITE 750, TUSCON AZ 85711
Dominic Peter Varacalli officer: President 930 NW 12TH AVE, UNIT 228, PORTLAND OR 97209
Marc Lehmann director 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711
Anthony L Coelho director 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711
Sero Capital Llc 10 percent owner 1333 2ND STREET, 3RD FLOOR, SANTA MONICA CA 90401
Alexandre Zyngier director 5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Lonny Sternberg officer: Chief Operating Officer C/O AUDIOEYE, INC., 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711
Heath Thompson officer: Chief Executive Officer C/O AUDIOEYE, INC., 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711
Sean D. Bradley officer: President and CSO 9070 S. RITA ROAD, SUITE 1450, TUCSON AZ 85747
Sachin Barot officer: Chief Financial Officer C/O AUDIOEYE, INC., 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711