IPTK (AS-IP Tech) Inventory Turnover: 0.00 (As of Mar. 2023)


What is AS-IP Tech Inventory Turnover?

AS-IP Tech IPTK Inventory Turnover is 0.00 as of Mar. 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. AS-IP Tech's Cost of Goods Sold for the three months ended in Mar. 2023 was $0.00 Mil. AS-IP Tech's Average Total Inventories for the quarter that ended in Mar. 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. AS-IP Tech's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.00.

AS-IP Tech  (OTCPK:IPTK) 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.

AS-IP Tech's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*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.

AS-IP Tech's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=0 / 0.029
=0.00

* 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.

AS-IP Tech Inventory Turnover Related Terms

AS-IP Tech Inventory Turnover Historical Data

* Premium members only.

The historical data trend for AS-IP Tech'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.

AS-IP Tech Inventory Turnover Chart

AS-IP Tech Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

AS-IP Tech Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

AS-IP Tech Inventory Turnover Calculation

AS-IP Tech's Inventory Turnover for the fiscal year that ended in Jun. 2022 is calculated as

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

AS-IP Tech's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover (Q: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2023 ) / ((Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 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?
AS-IP Tech (IPTK) has a Inventory Turnover of 0.00 as of Mar. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on AS-IP Tech and its competitors.
Is AS-IP Tech's Inventory Turnover too high?
AS-IP Tech's current Inventory Turnover is 0.00.
How does AS-IP Tech's Inventory Turnover compare to TCCO and MLRT?
AS-IP Tech's Inventory Turnover of 0.00 can be compared against companies in the Hardware 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 Hardware company?
A good Inventory Turnover depends on the Hardware 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 AS-IP Tech and its competitors. AS-IP Tech'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 AS-IP Tech stock overvalued right now?
AS-IP Tech (IPTK) 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 AS-IP Tech (IPTK), the current Inventory Turnover is 0.00 as of Mar. 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.

AS-IP Tech Business Description

Address 1/15 Castles Drive, Torquay, VIC, AUS, 3228
AS-IP Tech Inc is engaged in creating in-flight connectivity systems that utilize Bluetooth Smart technology as a low-cost alternative to the traditionally expensive Wi-Fi platform. The company's technology consists of two products BizjetMobile and fflya. BizjetMobile provides corporate jets with an alternative inflight connectivity solution and is marketed under the brand names CHiiMP and BizjetInternet. These are mobile apps that deliver optimized inflight text and email for passengers and crew; and fflya provides airlines with an inflight connectivity approach based on the latest mobile app technology, narrowband satellite links, and BlueTooth technology. The fflya platform reduces the installation, certification and equipment costs by up to 90% compared to inflight broadband.