EVBC (Evolution Blockchain Group) Inventory Turnover: 0.00 (As of Jan. 2018)


What is Evolution Blockchain Group Inventory Turnover?

Evolution Blockchain Group EVBC -99.75% Inventory Turnover is 0.00 as of Jan. 2018.

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. Evolution Blockchain Group's Cost of Goods Sold for the three months ended in Jan. 2018 was $0.00 Mil. Evolution Blockchain Group's Average Total Inventories for the quarter that ended in Jan. 2018 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.

Evolution Blockchain Group  (OTCPK:EVBC) 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.

Evolution Blockchain Group's Days Inventory for the three months ended in Jan. 2018 is calculated as:

Days Inventory =Average Total Inventories (Q: Jan. 2018 )/Cost of Goods Sold (Q: Jan. 2018 )*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.

Evolution Blockchain Group's Inventory to Revenue for the quarter that ended in Jan. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2018 ) / Revenue (Q: Jan. 2018 )
=0 / 0
=

* 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.

Evolution Blockchain Group Inventory Turnover Related Terms

Evolution Blockchain Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Evolution Blockchain Group'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.

Evolution Blockchain Group Inventory Turnover Chart

Evolution Blockchain Group Annual Data
Trend Apr14 Apr15 Apr16 Apr17
Inventory Turnover
0.00 0.00 0.00 0.00

Evolution Blockchain Group Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18
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 0.00 0.00 0.00 0.00 0.00

Evolution Blockchain Group Inventory Turnover Calculation

Evolution Blockchain Group's Inventory Turnover for the fiscal year that ended in Apr. 2017 is calculated as

Inventory Turnover (A: Apr. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Apr. 2017 ) / ((Total Inventories (A: Apr. 2016 ) + Total Inventories (A: Apr. 2017 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Evolution Blockchain Group's Inventory Turnover for the quarter that ended in Jan. 2018 is calculated as

Inventory Turnover (Q: Jan. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jan. 2018 ) / ((Total Inventories (Q: Oct. 2017 ) + Total Inventories (Q: Jan. 2018 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 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?
Evolution Blockchain Group (EVBC) has a Inventory Turnover of 0.00 as of Jan. 2018. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Evolution Blockchain Group and its competitors.
Is Evolution Blockchain Group's Inventory Turnover too high?
Evolution Blockchain Group's current Inventory Turnover is 0.00.
How does Evolution Blockchain Group's Inventory Turnover compare to competitors?
Evolution Blockchain Group's Inventory Turnover of 0.00 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Inventory Turnover depends on the Capital Markets 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 Evolution Blockchain Group and its competitors. Evolution Blockchain Group'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 Evolution Blockchain Group stock overvalued right now?
Evolution Blockchain Group (EVBC) 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 Evolution Blockchain Group (EVBC), the current Inventory Turnover is 0.00 as of Jan. 2018. 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.

Evolution Blockchain Group Business Description

Address 1853 King Beach Avenue, Las Vegas, NV, USA, 89123-4300
Evolution Blockchain Group Inc is focused on acquiring, developing and launching globally scalable blockchain technology solutions, as well as building cryptocurrency mining operations.