Ankam (ANKM) Inventory Turnover : 0.00 (As of Feb. 2025)

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What is Ankam 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. Ankam's Cost of Goods Sold for the three months ended in Feb. 2025 was $0.04 Mil. Ankam's Average Total Inventories for the quarter that ended in Feb. 2025 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ankam's Days Inventory for the three months ended in Feb. 2025 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. Ankam's Inventory-to-Revenue for the quarter that ended in Feb. 2025 was 0.00.

Ankam Inventory Turnover Historical Data

The historical data trend for Ankam'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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Ankam Inventory Turnover Chart

Ankam Annual Data

Trend

Nov21

Nov22

Nov23

Nov24

Inventory Turnover

Ankam Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
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Ankam Inventory Turnover Calculation

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

	Inventory Turnover (A: Nov. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Nov. 2024 )	/ (	(Total Inventories (A: Nov. 2023 )	+	Total Inventories (A: Nov. 2024 ))	/	count )
=	0.199	/ (	(0	+	0)	/	1 )
=	0.199	/	0
=	N/A

Ankam's Inventory Turnover for the quarter that ended in Feb. 2025 is calculated as

	Inventory Turnover (Q: Feb. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2025 )	/ (	(Total Inventories (Q: Nov. 2024 )	+	Total Inventories (Q: Feb. 2025 ))	/	count )
=	0.04	/ (	(0	+	0)	/	1 )
=	0.04	/	0
=	N/A

Ankam (OTCPK:ANKM) 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.

Ankam's Days Inventory for the three months ended in Feb. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2025 )	/	Cost of Goods Sold (Q: Feb. 2025 )	*	Days in Period
	=	0	/	0.04	*	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.

Ankam's Inventory to Revenue for the quarter that ended in Feb. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2025 )	/	Revenue (Q: Feb. 2025 )
	=	0	/	0.075
	=	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.

Ankam Inventory Turnover Related Terms

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Ankam Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ankam Inc (OTCPK:ANKM) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

5348 Vegas Drive, Las Vegas, NV, USA, 89108

Website

https://www.ankam.net

Ankam Inc actively works in two directions: application development MoneySaver App and crypto wallet project. MoneySaver App is an application created to aggregate various discount cards on a mobile device. The main advantage of the MoneySaver App is that the user can easily access any discounts at any moment from anywhere. The idea of the app appeared as a way of simplifying the use of discount cards, enabling people to share them with anyone and get new discounts. It is also focused on developing and implementing the cryptocurrency wallet project. The Company creates a service with the ability to manage cryptocurrency funds. The cryptocurrency wallet will have the functionality of buying coins by bank deposit and payment gateway.

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