AICOF (Generative AI Solutions) Inventory Turnover : 0.00 (As of Apr. 2024)

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What is Generative AI Solutions 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. Generative AI Solutions's Cost of Goods Sold for the three months ended in Apr. 2024 was $0.20 Mil. Generative AI Solutions's Average Total Inventories for the quarter that ended in Apr. 2024 was $0.00 Mil.

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

Generative AI Solutions Inventory Turnover Historical Data

The historical data trend for Generative AI Solutions'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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Generative AI Solutions Inventory Turnover Chart

Generative AI Solutions Annual Data

Trend

Feb22

Jan23

Jan24

Inventory Turnover

Generative AI Solutions Quarterly Data
	May20	Aug20	Nov20	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Jul23	Oct23	Jan24	Apr24
Inventory Turnover	Get a 7-Day Free Trial										-	-	-	-	-

Generative AI Solutions Inventory Turnover Calculation

Generative AI Solutions's Inventory Turnover for the fiscal year that ended in Jan. 2024 is calculated as

	Inventory Turnover (A: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2024 )	/ (	(Total Inventories (A: Jan. 2023 )	+	Total Inventories (A: Jan. 2024 ))	/	count )
=	0.433	/ (	(0	+	0)	/	1 )
=	0.433	/	0
=	N/A

Generative AI Solutions's Inventory Turnover for the quarter that ended in Apr. 2024 is calculated as

	Inventory Turnover (Q: Apr. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Apr. 2024 )	/ (	(Total Inventories (Q: Jan. 2024 )	+	Total Inventories (Q: Apr. 2024 ))	/	count )
=	0.2	/ (	(0	+	0)	/	1 )
=	0.2	/	0
=	N/A

Generative AI Solutions (OTCPK:AICOF) 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.

Generative AI Solutions's Days Inventory for the three months ended in Apr. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Apr. 2024 )	/	Cost of Goods Sold (Q: Apr. 2024 )	*	Days in Period
	=	0	/	0.2	*	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.

Generative AI Solutions's Inventory to Revenue for the quarter that ended in Apr. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2024 )	/	Revenue (Q: Apr. 2024 )
	=	0	/	0.158
	=	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.

Generative AI Solutions Inventory Turnover Related Terms

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Generative AI Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Generative AI Solutions Corp (OTCPK:AICOF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N8T:Germany AICO:Canada

Address

550 Burrard Street, Suite 2300, Bentall 5, Vancouver, BC, CAN, V6C 2B5

Website

https://www.genai-solutions.com

Generative AI Solutions Corp is an artificial intelligence company, focused on developing transformative AI-powered tools for businesses and consumers across multiple industries. The group develops state-of-the-art AI-based solutions that have broad applicability and can be seamlessly integrated into diverse workflows. The company leverages its expertise in machine learning, natural language processing, and data analytics, GenAI seeks to build versatile, high-performance tools that redefine efficiency, productivity, and user experience.