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Arvana (Arvana) Inventory Turnover : 0.00 (As of Dec. 2023)


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What is Arvana 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. Arvana's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.01 Mil. Arvana'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. Arvana'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. Arvana's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.


Arvana Inventory Turnover Historical Data

The historical data trend for Arvana'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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Arvana Inventory Turnover Chart

Arvana Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
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Arvana Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Arvana Inventory Turnover Calculation

Arvana's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=0.05 / ((0 + 0) / 1 )
=0.05 / 0
=N/A

Arvana'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 )
=0.01 / ((0 + 0) / 1 )
=0.01 / 0
=N/A

* 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.


Arvana  (OTCPK:AVNI) 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.

Arvana'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
=0/0.01*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.

Arvana'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 / 0.001
=0.00

* 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.


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.


Arvana Inventory Turnover Related Terms

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Arvana (Arvana) Business Description

Traded in Other Exchanges
N/A
Address
299 South Main Street, 13th Floor, Salt Lake, UT, USA, 84111
Arvana Inc is a shell company. It seeks to identify and evaluate alternative business opportunities.
Executives
Brian Lovig 10 percent owner 601 UNION STREET, 42ND FLOOR, SEATTLE WA 98101
Bondock Llc 10 percent owner 1057 WHITNEY RANCH DRIVE, SUITE 350, HENDERSON NV 89014
Carl Dawson director 21650 OXNARD STREET, UNITE 1405, WOODLANDHILLS CA 91367
Matthew Bentley Hoover director 5420 YOLANDA AVE, #111, TARZANA CA 91356
Alkiviades David 10 percent owner, other: Indirect beneficial owner 338 N. CANON DRIVE, 3RD FLOOR, BEVERLY HILLS CA 90210
Altaf Nazerali 10 percent owner 555 PALISADE DR, V6R 2H9, N VANCOUVER BC A1
Biltmore International Corporation 10 percent owner 1090 KING GEORGES POST ROAD, SUITE 203, EDISON NJ 08837
Shawn Michael Teigen director 163 WILLIAMS AVE, SALT LAKE CITY UT 84111
Ruairidh Campbell director, officer: CEO,CRO,PAO 600 WESTWOOD TERRACE, AUSTIN TX 78746
Wayne Nathan Smith officer: Chief Financial Officer 1015 IRONWORK PASSAGE, VANCOUVER A1 V6H 3R4
Brulex - Consultadoria Economica E Marketing Lda 10 percent owner RUA DA ALFANDEGA 13, 9000-059 FUNCHAL, MADEIRA S1 0000
Karen Engleson officer: CORPORATE SECRETARY SUITE 2610 - 1066 WEST HASTINGS STREET, VANCOUVER A1 V6E 3X2
Jervis Michael John Stewart director SUITE 2610, 1066 WEST HASTINGS ST, VANCOUVER A1 V6E 3X2
Ross Wilmot director 13548 19TH AVE., V4A 6B4, S. SURREY BC A1 00000
Teyfik Oezcan officer: Vice-President, Europe HALLOTEL DEUTSCHLAND GMBH, OTTO-HAHN STRASSE 8, LANGEN 2M 63225