ILIM (IL2M International) Inventory Turnover: 0.00 (As of Feb. 2015)

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What is IL2M International Inventory Turnover?

IL2M International ILIM -99.00% Inventory Turnover is 0.00 as of Feb. 2015.

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. IL2M International's Cost of Goods Sold for the three months ended in Feb. 2015 was $0.00 Mil. IL2M International's Average Total Inventories for the quarter that ended in Feb. 2015 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.

IL2M International  (OTCPK:ILIM) 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.

IL2M International's Days Inventory for the three months ended in Feb. 2015 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2015 )/Cost of Goods Sold (Q: Feb. 2015 )*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.

IL2M International's Inventory to Revenue for the quarter that ended in Feb. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2015 ) / Revenue (Q: Feb. 2015 )
=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.

IL2M International Inventory Turnover Related Terms

IL2M International Inventory Turnover Historical Data

* Premium members only.

The historical data trend for IL2M International'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.

IL2M International Inventory Turnover Chart

IL2M International Annual Data
Trend May11 May12 May13
Inventory Turnover
0.00 0.00 0.00

IL2M International Quarterly Data
Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15
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 0.00 0.00 0.00 0.00

IL2M International Inventory Turnover Calculation

IL2M International's Inventory Turnover for the fiscal year that ended in May. 2013 is calculated as

Inventory Turnover (A: May. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: May. 2013 ) / ((Total Inventories (A: May. 2012 ) + Total Inventories (A: May. 2013 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

IL2M International's Inventory Turnover for the quarter that ended in Feb. 2015 is calculated as

Inventory Turnover (Q: Feb. 2015 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2015 ) / ((Total Inventories (Q: Nov. 2014 ) + Total Inventories (Q: Feb. 2015 )) / 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?
IL2M International (ILIM) has a Inventory Turnover of 0.00 as of Feb. 2015. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on IL2M International and its competitors.
Is IL2M International's Inventory Turnover too high?
IL2M International's current Inventory Turnover is 0.00.
How does IL2M International's Inventory Turnover compare to LKST and IDDR?
IL2M International's Inventory Turnover of 0.00 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Inventory Turnover depends on the Interactive Media 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 IL2M International and its competitors. IL2M International'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 IL2M International stock overvalued right now?
IL2M International (ILIM) 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 IL2M International (ILIM), the current Inventory Turnover is 0.00 as of Feb. 2015. 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.

IL2M International Business Description

Address 3500 West Olive Avenue, Suite 810, Burbank, CA, USA, 91505
IL2M International Corp is a developer of wired and wireless telemetry which is the monitoring, collection and transmission of data by wire or radio from remote sources and remote control systems. ILIM seeks to create its BidAi platform that would usher in a new category of human interaction known as metaverse. Company's BidAi Metaverse platform would consist of the BidAi Client, the BidAi Studio, and the BidAi Cloud. BidAi Client would be the application that allows users to explore 3D digital worlds. BidAi Studio would be the toolset that allows developers and creators to build, publish, and operate 3D experiences and other content accessed with the BidAi Client. BidAi Cloud includes the services and infrastructure that will power gaming platform platform.