AdRabbit (ASX:RAB) Inventory Turnover : 0.00 (As of Sep. 2023)

View and export this data going back to 2019. Start your Free Trial

What is AdRabbit 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. AdRabbit's Cost of Goods Sold for the three months ended in Sep. 2023 was A$0.00 Mil. AdRabbit's Average Total Inventories for the quarter that ended in Sep. 2023 was A$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

AdRabbit Inventory Turnover Historical Data

The historical data trend for AdRabbit'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.

AdRabbit Inventory Turnover Chart

AdRabbit Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

AdRabbit Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial												-	-	-	-	-

AdRabbit Inventory Turnover Calculation

AdRabbit'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 )
=	0.412	/ (	(0	+	0)	/	1 )
=	0.412	/	0
=	N/A

AdRabbit's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

AdRabbit (ASX:RAB) 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.

AdRabbit's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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.

AdRabbit's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0	/	0
	=

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.

AdRabbit Inventory Turnover Related Terms

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

AdRabbit (ASX:RAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AdRabbit Ltd (ASX:RAB) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

RABI:Canada

Address

c/o Automic Group, 126 Philip Street, Level 5, Perth, WA, AUS, 2000

Website

https://www.ad-rabbit.com

AdRabbit Ltd provides an easy and inexpensive SaaS solution that allows small-to-medium businesses to create and manage their own mobile application as a means of connecting with their customers and growing their business. The Company's main product offerings allow SMBs to automate the creation and management of apps and digital marketing campaigns for their businesses. Its technology has automated the design, development, maintenance, and marketing of mobile apps, allowing any business to build, preview and launch their own application without having any code writing or digital marketing knowledge.

AdRabbit (ASX:RAB) Headlines

No Headlines