Infrax Systems (Infrax Systems) Inventory Turnover : 0.00 (As of Jun. 2017)

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What is Infrax 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. Infrax Systems's Cost of Goods Sold for the three months ended in Jun. 2017 was $0.00 Mil. Infrax Systems's Average Total Inventories for the quarter that ended in Jun. 2017 was $0.01 Mil. Infrax Systems's Inventory Turnover for the quarter that ended in Jun. 2017 was 0.00.

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.

Infrax Systems Inventory Turnover Historical Data

The historical data trend for Infrax 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.

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Infrax Systems Inventory Turnover Chart

Infrax Systems Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Inventory Turnover

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0.25

2.47

Infrax Systems Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Infrax Systems Inventory Turnover Calculation

Infrax Systems's Inventory Turnover for the fiscal year that ended in Jun. 2017 is calculated as

	Inventory Turnover (A: Jun. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2017 )	/ (	(Total Inventories (A: Jun. 2016 )	+	Total Inventories (A: Jun. 2017 ))	/	count )
=	0	/ (	(0.006	+	0.006)	/	2 )
=	0	/	0.006
=	0.00

Infrax Systems's Inventory Turnover for the quarter that ended in Jun. 2017 is calculated as

	Inventory Turnover (Q: Jun. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2017 )	/ (	(Total Inventories (Q: Mar. 2017 )	+	Total Inventories (Q: Jun. 2017 ))	/	count )
=	0	/ (	(0.006	+	0.006)	/	2 )
=	0	/	0.006
=	0.00

Infrax Systems (OTCPK:IFXY) 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.

Infrax Systems's Days Inventory for the three months ended in Jun. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2017 )	/	Cost of Goods Sold (Q: Jun. 2017 )	*	Days in Period
	=	0.006	/	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.

Infrax Systems's Inventory to Revenue for the quarter that ended in Jun. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2017 )	/	Revenue (Q: Jun. 2017 )
	=	0.006	/	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.

Infrax Systems Inventory Turnover Related Terms

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Infrax Systems (Infrax Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Infrax Systems Inc (OTCPK:IFXY) » Definitions » Inventory Turnover

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Address

9595 Six Pines Dr Unit 8, FL 2, Spring, Houston, TX, USA, 77380

Website

https://www.infraxinc.com

Infrax Systems Inc is a United states based company. The company's strategy is to develop and implement effective solutions that cater to the specific needs of this demographic sector. The company caters to the specific needs of the Latin American demographic sector. It strive to address the various challenges faced by these immigrants, such as nostalgic products and the distribution of familiar foods from their home countries, easy access to legal services, insurance solutions, non-traditional remittances management, peer-to-peer financing, and other technology-driven solutions.

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