AIFF (Firefly Neuroscience) Inventory Turnover : 0.00 (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Firefly Neuroscience 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. Firefly Neuroscience's Cost of Goods Sold for the three months ended in Sep. 2024 was $1.47 Mil. Firefly Neuroscience's Average Total Inventories for the quarter that ended in Sep. 2024 was $0.00 Mil.

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

Firefly Neuroscience Inventory Turnover Historical Data

The historical data trend for Firefly Neuroscience'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.

Firefly Neuroscience Inventory Turnover Chart

Firefly Neuroscience Annual Data

Trend

Dec21

Dec22

Inventory Turnover

Firefly Neuroscience Quarterly Data
	Dec21	Sep22	Dec22	Jun23	Sep23	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial			-	-	-	-	-

Firefly Neuroscience Inventory Turnover Calculation

Firefly Neuroscience's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Firefly Neuroscience's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	1.472	/ (	(0	+	0)	/	1 )
=	1.472	/	0
=	N/A

Firefly Neuroscience (NAS:AIFF) 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.

Firefly Neuroscience's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	0	/	1.472	*	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.

Firefly Neuroscience's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	0	/	0.033
	=	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.

Firefly Neuroscience Inventory Turnover Related Terms

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

Firefly Neuroscience Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Firefly Neuroscience Inc (NAS:AIFF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 King Street W, 2nd Floor, Toronto, ON, CAN, M5H 1J9

Website

https://www.fireflyneuro.com

Firefly Neuroscience Inc is an AI company developing innovative neuroscientific solutions that improve outcomes for patients with mental illnesses and cognitive disorders. It is focused on the commercialization of its Brain Network Analytics (BNA) software platform (the "BNA Platform")and the discovery and clinical development of biomarkers that support better outcomes for people suffering from mental illnesses and cognitive disorders.