Dror Ortho-Design (Dror Ortho-Design) Inventory Turnover : 0.00 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Dror Ortho-Design 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. Dror Ortho-Design's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil. Dror Ortho-Design's Average Total Inventories for the quarter that ended in Mar. 2024 was $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.

Dror Ortho-Design Inventory Turnover Historical Data

The historical data trend for Dror Ortho-Design'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.

Dror Ortho-Design Inventory Turnover Chart

Dror Ortho-Design Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

Dror Ortho-Design Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Dror Ortho-Design Inventory Turnover Calculation

Dror Ortho-Design'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 )
=	0.006	/ (	(0	+	0)	/	1 )
=	0.006	/	0
=	N/A

Dror Ortho-Design's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Dror Ortho-Design (OTCPK:DROR) 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.

Dror Ortho-Design's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	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.

Dror Ortho-Design's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	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.

Dror Ortho-Design Inventory Turnover Related Terms

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

Dror Ortho-Design (Dror Ortho-Design) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Dror Ortho-Design Inc (OTCPK:DROR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Merrick Road, Suite 400W, Rockville Center, New York, NY, USA, 11570

Website

https://www.novint.com

Dror Ortho-Design Inc Formerly Novint Technologies Inc is engaged in the development and sale of 3D haptics products and equipment. The company's focus is on the consumer interactive computer gaming market, but it also does project work in other areas. Its operations are based in New Mexico with sales of its haptics products primarily to consumers through retail outlets.

Executives

Eliyahu Haddad	director, officer: Chief Executive Officer	SHATNER STREET 3, JERUSALEM L3 NA
Chaim Ravad	director	SHATNER STREET 3, JERUSALEM L3 NA
Yehuda Englander	director	SHATNER STREET 3, JERUSALEM L3 NA
Moshe Shvets	director, officer: Chief Technology Officer	SHATNER STREET 3, JERUSALEM L3 NA
Chaim Hurvitz	director	C/O GALMED PHARMACEUTICALS LTD., 8 SHAUL, HAMELECH BLVD, AMOT HAMISHPAT BLDG., TEL AVIV L3 64733
Orin Hirschman	director, officer: Chief Executive Officer	101 EAST 52ND ST, NEW YORK NY 10022
Ryan Christoff	director	480 JOHNSON ROAD SUITE 303, WASHINGTON PA 15301
Congregation Ahavas Tzdokah Vchesed Inc.	10 percent owner, other: See Explanation of Responses	1347 42ND STREET, BROOKLYN NY 11219
Ellis International L.p.	other: See Explanation of Responses	100 MERRICK ROAD, SUITE 400W, ROCKVILLE CENTRE NY 11570
Brian W Long	director	1010 OHIO RIVER BLVD., PITTSBURGH PA 15202
Shannon Lee Vissman	director, 10 percent owner	1241 TURNBERRY DRIVE, UPPER ST. CLAIR PA 15241
Jan K Richardson	director	1821 HILLANDALE RD., SUITE 307, DURHAM NC 27705
Aigh Investment Partners, Llc	10 percent owner	6006 BERKELEY AVENUE, BALTIMORE MD 21209
V Gerald Grafe	director	901 RIO GRANDE BOULEVARD NW, BUILDING H, SUITE 262, ALBUQUERQUE NM 87104
Walter A Aviles	10 percent owner, officer: Chief Technical Officer	9620 SAN MATEO BOULEVARD NE, ALBUQUERQUE NM 87113

Dror Ortho-Design (Dror Ortho-Design) Headlines

From GuruFocus

Dror Ortho-Design, Inc. Announces New Ticker Symbol �DROR�

By ACCESSWIRE • 09-19-2023

New AI - Based Dental Platform Poised to Change Approach to Smile Correction

By ACCESSWIRE • 08-21-2023

Dror Ortho-Design, Inc. Files Three New Patents for its AI Based Smile Correction Solution

By ACCESSWIRE • 01-08-2024