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CYSNF (C-Comtellite Systems) Inventory Turnover : 0.05 (As of Feb. 2025)


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What is C-Comtellite Systems 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. C-Comtellite Systems's Cost of Goods Sold for the three months ended in Feb. 2025 was $0.27 Mil. C-Comtellite Systems's Average Total Inventories for the quarter that ended in Feb. 2025 was $5.03 Mil. C-Comtellite Systems's Inventory Turnover for the quarter that ended in Feb. 2025 was 0.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. C-Comtellite Systems's Days Inventory for the three months ended in Feb. 2025 was 1,675.47.

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. C-Comtellite Systems's Inventory-to-Revenue for the quarter that ended in Feb. 2025 was 10.31.

C-Comtellite Systems Inventory Turnover Historical Data

The historical data trend for C-Comtellite Systems'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.

C-Comtellite Systems Inventory Turnover Chart

C-Comtellite Systems Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.48 0.78 0.33 0.51

C-Comtellite Systems Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 0.11 0.13 0.08 0.19 0.05

C-Comtellite Systems Inventory Turnover Calculation

C-Comtellite Systems'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 )
=2.945 / ((6.451 + 5.125) / 2 )
=2.945 / 5.788
=0.51

C-Comtellite Systems'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 )
=0.274 / ((5.125 + 4.937) / 2 )
=0.274 / 5.031
=0.05

* 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.

C-Comtellite Systems  (OTCPK:CYSNF) 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.

C-Comtellite Systems'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
=5.031/0.274*365 / 4
=1,675.47

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.

C-Comtellite Systems'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 )
=5.031 / 0.488
=10.31

* 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.

C-Comtellite Systems Inventory Turnover Related Terms

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C-Comtellite Systems Business Description

Industry
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CMI:Canada
Address
2574 Sheffield Road, Ottawa, ON, CAN, K1B 3V7
Website
https://www.c-comsat.com
C-Com Satellite Systems Inc. is a Canadian based company. It is engaged in the development of high quality, cost effective, satellite-based technology that allows the delivery of high-speed internet access for fixed, transportable and mobile end-users. The Company sells its satellite communications equipment to a world-wide network of authorized dealers who re-sell the systems to end-users. Geographically, the group has a business presence in Saudi Arabia, Kazakhstan, Canada, Singapore, Europe, Asia, the U.S. and other countries.