Advantex Marketing International (Advantex Marketing International) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Advantex Marketing International 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. Advantex Marketing International's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.14 Mil. Advantex Marketing International's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Advantex Marketing International's Days Inventory for the three months ended in Dec. 2023 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. Advantex Marketing International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Advantex Marketing International Inventory Turnover Historical Data

The historical data trend for Advantex Marketing International'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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Advantex Marketing International Inventory Turnover Chart

Advantex Marketing International Annual Data

Trend

Jun14

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Jun23

Inventory Turnover

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Advantex Marketing International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Advantex Marketing International Inventory Turnover Calculation

Advantex Marketing International's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	0.344	/ (	(0	+	0)	/	1 )
=	0.344	/	0
=	N/A

Advantex Marketing International's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	0.144	/ (	(0	+	0)	/	1 )
=	0.144	/	0
=	N/A

Advantex Marketing International (OTCPK:ATXMF) 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.

Advantex Marketing International's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0	/	0.144	*	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.

Advantex Marketing International's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0	/	0.644
	=	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.

Advantex Marketing International Inventory Turnover Related Terms

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Advantex Marketing International (Advantex Marketing International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Advantex Marketing International Inc (OTCPK:ATXMF) » Definitions » Inventory Turnover

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ADX:Canada

Address

100 King Street West, Suite 1600, Toronto, ON, CAN, M5X 1G5

Website

https://www.advantex.com

Advantex Marketing International Inc is a Canada-based company operating in the marketing services industry. The reportable segments include the Merchant Cash Advance (MCA) program, and the Aeroplan program.

Advantex Marketing International (Advantex Marketing International) Headlines

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