GEGI (Genesis Electronics Group) Inventory Turnover: 0.00 (As of Jun. 2023)

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What is Genesis Electronics Group Inventory Turnover?

Genesis Electronics Group GEGI -99.00% Inventory Turnover is 0.00 as of Jun. 2023.

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. Genesis Electronics Group's Cost of Goods Sold for the six months ended in Jun. 2023 was $0.00 Mil. Genesis Electronics Group's Average Total Inventories for the quarter that ended in Jun. 2023 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.

Genesis Electronics Group  (OTCPK:GEGI) 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.

Genesis Electronics Group's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=0/0*365 / 2
=

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.

Genesis Electronics Group's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=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.

Genesis Electronics Group Inventory Turnover Related Terms

Genesis Electronics Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Genesis Electronics 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.

Genesis Electronics Group Inventory Turnover Chart

Genesis Electronics Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Inventory Turnover
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 16.00

Genesis Electronics Group Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Jun22 Jun23
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 0.00 8.00 16.00 0.00 0.00

Genesis Electronics Group Inventory Turnover Calculation

Genesis Electronics Group's Inventory Turnover for the fiscal year that ended in Dec. 2010 is calculated as

Inventory Turnover (A: Dec. 2010 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2010 ) / ((Total Inventories (A: Dec. 2009 ) + Total Inventories (A: Dec. 2010 )) / count )
=0.016 / ((0 + 0.001) / 1 )
=0.016 / 0.001
=16.00

Genesis Electronics Group's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover (Q: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2023 ) / ((Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Jun. 2023 )) / 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?
Genesis Electronics Group (GEGI) has a Inventory Turnover of 0.00 as of Jun. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Genesis Electronics Group and its competitors.
Is Genesis Electronics Group's Inventory Turnover too high?
Genesis Electronics Group's current Inventory Turnover is 0.00.
How does Genesis Electronics Group's Inventory Turnover compare to VLCN and TSLA?
Genesis Electronics Group's Inventory Turnover of 0.00 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Inventory Turnover depends on the Vehicles & Parts 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 Genesis Electronics Group and its competitors. Genesis Electronics 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 Genesis Electronics Group stock overvalued right now?
Genesis Electronics Group (GEGI) 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 Genesis Electronics Group (GEGI), the current Inventory Turnover is 0.00 as of Jun. 2023. 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.

Genesis Electronics Group Business Description

Address 26 S Rio Grande St No.2072, Salt lake, UT, USA, 84101
Genesis Electronics Group Inc, through Its wholly-owned subsidiary Glid, is building the first of Its kind autonomous road-to-rail shipping vehicles called Gliders. Gliders will enable fully-loaded semi-trailers access to rails where traditionally it didn't make sense. Genesis Electronics Group plans on owning and operating each Glider in its fleet and providing a "Glider-as-a-Service" business model.