CVST (Covista Communications) Inventory Turnover: 0.00 (As of Apr. 2005)


What is Covista Communications Inventory Turnover?

Covista Communications CVST -99.67% Inventory Turnover is 0.00 as of Apr. 2005.

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. Covista Communications's Cost of Goods Sold for the three months ended in Apr. 2005 was $6.03 Mil. Covista Communications's Average Total Inventories for the quarter that ended in Apr. 2005 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Covista Communications's Days Inventory for the three months ended in Apr. 2005 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. Covista Communications's Inventory-to-Revenue for the quarter that ended in Apr. 2005 was 0.00.

Covista Communications  (OTCPK:CVST) 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.

Covista Communications's Days Inventory for the three months ended in Apr. 2005 is calculated as:

Days Inventory =Average Total Inventories (Q: Apr. 2005 )/Cost of Goods Sold (Q: Apr. 2005 )*Days in Period
=0/6.031*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.

Covista Communications's Inventory to Revenue for the quarter that ended in Apr. 2005 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2005 ) / Revenue (Q: Apr. 2005 )
=0 / 11.253
=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.

Covista Communications Inventory Turnover Related Terms

Covista Communications Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Covista Communications'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.

Covista Communications Inventory Turnover Chart

Covista Communications Annual Data
Trend Jan96 Jan97 Jan98 Jan99 Jan00 Jan01 Jan02 Jan03 Jan04 Jan05
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Covista Communications Quarterly Data
Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Covista Communications Inventory Turnover Calculation

Covista Communications's Inventory Turnover for the fiscal year that ended in Jan. 2005 is calculated as

Inventory Turnover (A: Jan. 2005 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jan. 2005 ) / ((Total Inventories (A: Jan. 2004 ) + Total Inventories (A: Jan. 2005 )) / count )
=32.833 / ((0 + 0) / 1 )
=32.833 / 0
=N/A

Covista Communications's Inventory Turnover for the quarter that ended in Apr. 2005 is calculated as

Inventory Turnover (Q: Apr. 2005 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Apr. 2005 ) / ((Total Inventories (Q: Jan. 2005 ) + Total Inventories (Q: Apr. 2005 )) / count )
=6.031 / ((0 + 0) / 1 )
=6.031 / 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Covista Communications (CVST) has a Inventory Turnover of 0.00 as of Apr. 2005. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Covista Communications and its competitors.
Is Covista Communications' Inventory Turnover too high?
Covista Communications' current Inventory Turnover is 0.00.
How does Covista Communications' Inventory Turnover compare to FULO and TWER?
Covista Communications' Inventory Turnover of 0.00 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Telecommunication Services company?
A good Inventory Turnover depends on the Telecommunication Services industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Covista Communications and its competitors. Covista Communications's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covista Communications stock overvalued right now?
Covista Communications (CVST) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Covista Communications (CVST), the current Inventory Turnover is 0.00 as of Apr. 2005. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Covista Communications Business Description

Address 735 Broad Street, Unit 306, Chattanooga, TN, USA, 37402
Covista Communications Inc is a telecommunication service provider. Its products and services include voice, data, and internet solutions, including local, long-distance, and toll-free services, calling card, frame relay, Internet access, & directory assistance.