Instadose Pharma (Instadose Pharma) Inventory Turnover : 0.00 (As of Feb. 2022)

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What is Instadose Pharma 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. Instadose Pharma's Cost of Goods Sold for the three months ended in Feb. 2022 was $0.00 Mil. Instadose Pharma's Average Total Inventories for the quarter that ended in Feb. 2022 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.

Instadose Pharma Inventory Turnover Historical Data

The historical data trend for Instadose Pharma'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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Instadose Pharma Inventory Turnover Chart

Instadose Pharma Annual Data

Trend

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Inventory Turnover

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Instadose Pharma Quarterly Data
	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Instadose Pharma Inventory Turnover Calculation

Instadose Pharma's Inventory Turnover for the fiscal year that ended in Nov. 2021 is calculated as

	Inventory Turnover (A: Nov. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Nov. 2021 )	/ (	(Total Inventories (A: Nov. 2020 )	+	Total Inventories (A: Nov. 2021 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Instadose Pharma's Inventory Turnover for the quarter that ended in Feb. 2022 is calculated as

	Inventory Turnover (Q: Feb. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2022 )	/ (	(Total Inventories (Q: Nov. 2021 )	+	Total Inventories (Q: Feb. 2022 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Instadose Pharma (OTCPK:INSD) 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.

Instadose Pharma's Days Inventory for the three months ended in Feb. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2022 )	/	Cost of Goods Sold (Q: Feb. 2022 )	*	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.

Instadose Pharma's Inventory to Revenue for the quarter that ended in Feb. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2022 )	/	Revenue (Q: Feb. 2022 )
	=	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.

Instadose Pharma Inventory Turnover Related Terms

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Instadose Pharma (Instadose Pharma) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Instadose Pharma Corp (OTCPK:INSD) » Definitions » Inventory Turnover

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Address

5500 North Service Road, Suite 301, Burlington, ON, CAN, L7L 6W6

Website

https://www.instadosepharma.com

Instadose Pharma Corp, formerly Mikrocoze Inc is seeking to create a global distribution platform for medicinal cannabis and cannabinoid oil. The company endeavors to utilize the Global Distribution Platform to open the commercial gateway to a new wholesale marketplace along with providing pharmaceutical industry companies with large, sustainable, consistent, diverse, and low?cost supplies of high?quality medicinal cannabis and cannabinoid oil for use in bulk as an active pharmaceutical ingredient.