ISDSF (iSign Media Solutions) Inventory Turnover: 0.29 (As of Jan. 2023)

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ISDSF iSign Media Solutions Inc ISDSF
12 GF Score
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What is iSign Media Solutions Inventory Turnover?

iSign Media Solutions ISDSF 12 Inventory Turnover is 0.29 as of Jan. 2023. GuruFocus rates ISDSF with a GF Score™ of 12/100.

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. iSign Media Solutions's Cost of Goods Sold for the three months ended in Jan. 2023 was $0.00 Mil. iSign Media Solutions's Average Total Inventories for the quarter that ended in Jan. 2023 was $0.01 Mil. iSign Media Solutions's Inventory Turnover for the quarter that ended in Jan. 2023 was 0.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. iSign Media Solutions's Days Inventory for the three months ended in Jan. 2023 was 319.38.

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.

iSign Media Solutions  (OTCPK:ISDSF) 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.

iSign Media Solutions's Days Inventory for the three months ended in Jan. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Jan. 2023 )/Cost of Goods Sold (Q: Jan. 2023 )*Days in Period
=0.007/0.002*365 / 4
=319.38

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.

iSign Media Solutions's Inventory to Revenue for the quarter that ended in Jan. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2023 ) / Revenue (Q: Jan. 2023 )
=0.007 / 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.

iSign Media Solutions Inventory Turnover Related Terms

iSign Media Solutions Inventory Turnover Historical Data

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The historical data trend for iSign Media Solutions'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.

iSign Media Solutions Inventory Turnover Chart

iSign Media Solutions Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.86 1.86

iSign Media Solutions Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 0.57 0.43 0.43 0.43 0.29
ISDSF
12GF Score
iSign Media Solutions Inc ISDSF
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iSign Media Solutions Inventory Turnover Calculation

iSign Media Solutions's Inventory Turnover for the fiscal year that ended in Apr. 2022 is calculated as

Inventory Turnover (A: Apr. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Apr. 2022 ) / ((Total Inventories (A: Apr. 2021 ) + Total Inventories (A: Apr. 2022 )) / count )
=0.013 / ((0.007 + 0.007) / 2 )
=0.013 / 0.007
=1.86

iSign Media Solutions's Inventory Turnover for the quarter that ended in Jan. 2023 is calculated as

Inventory Turnover (Q: Jan. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jan. 2023 ) / ((Total Inventories (Q: Oct. 2022 ) + Total Inventories (Q: Jan. 2023 )) / count )
=0.002 / ((0.007 + 0.007) / 2 )
=0.002 / 0.007
=0.29

* 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 0.29 mean?
iSign Media Solutions (ISDSF) has a Inventory Turnover of 0.29 as of Jan. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on iSign Media Solutions and its competitors.
Is iSign Media Solutions' Inventory Turnover too high?
iSign Media Solutions' current Inventory Turnover is 0.29. Overall, iSign Media Solutions has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does iSign Media Solutions' Inventory Turnover compare to LAAB and CYAP?
iSign Media Solutions' Inventory Turnover of 0.29 can be compared against companies in the Software 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 Software company?
A good Inventory Turnover depends on the Software 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 iSign Media Solutions and its competitors. iSign Media Solutions's current Inventory Turnover is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iSign Media Solutions stock overvalued right now?
iSign Media Solutions (ISDSF) has a current Inventory Turnover of 0.29. The current Inventory Turnover is 0.29. iSign Media Solutions' overall GF Score™ is 12/100. 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 iSign Media Solutions (ISDSF), the current Inventory Turnover is 0.29 as of Jan. 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.

iSign Media Solutions Business Description

Address 105 West Beaver Creek Road, Suite 303, Richmond Hill, ON, CAN, L4B 1C6
iSign Media Solutions Inc is a Canadian data-focused, software-as-a-service (SaaS) company in the areas of location-based security alert messaging and proximity marketing utilizing Bluetooth and Wi-Fi connectivity in complete privacy. Creators of the Smart suite of products, a patented interactive proximity marketing technology, iSIGN enables the delivery of messages to mobile devices in proximity, with real-time reporting and analytics on a variety of metrics.
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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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