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ImageWare Systems (ImageWare Systems) Inventory Turnover : 5.39 (As of Mar. 2022)


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What is ImageWare 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. ImageWare Systems's Cost of Goods Sold for the three months ended in Mar. 2022 was $0.13 Mil. ImageWare Systems's Average Total Inventories for the quarter that ended in Mar. 2022 was $0.02 Mil. ImageWare Systems's Inventory Turnover for the quarter that ended in Mar. 2022 was 5.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ImageWare Systems's Days Inventory for the three months ended in Mar. 2022 was 16.94.

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. ImageWare Systems's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.03.


ImageWare Systems Inventory Turnover Historical Data

The historical data trend for ImageWare 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.

* Premium members only.

ImageWare Systems Inventory Turnover Chart

ImageWare Systems Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.43 16.22 2.00 3.81 20.55

ImageWare Systems Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 1.86 1.81 2.14 4.69 5.39

ImageWare Systems Inventory Turnover Calculation

ImageWare Systems's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Inventory Turnover (A: Dec. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2021 ) / ((Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count )
=0.668 / ((0.04 + 0.025) / 2 )
=0.668 / 0.0325
=20.55

ImageWare Systems's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover (Q: Mar. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2022 ) / ((Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Mar. 2022 )) / count )
=0.132 / ((0.025 + 0.024) / 2 )
=0.132 / 0.0245
=5.39

* 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.


ImageWare Systems  (OTCPK:IWSY) 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.

ImageWare Systems's Days Inventory for the three months ended in Mar. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2022 )/Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=0.0245/0.132*365 / 4
=16.94

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.

ImageWare Systems's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=0.0245 / 0.845
=0.03

* 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.


ImageWare Systems Inventory Turnover Related Terms

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ImageWare Systems (ImageWare Systems) Business Description

Traded in Other Exchanges
N/A
Address
11440 West Bernardo Court, Suite 300, San Diego, CA, USA, 92127
ImageWare Systems Inc was founded to innovate imaging. The company built a digital booking platform. ImageWare has evolved as a holder of multimodal biometrics, managing over million identities daily. It is democratizing biometrics by offering defense grade identity and authentication solutions to the masses. By identifying the person, not a device, and never disclosing Personally Identifiable Information (PII), the company is giving populations around the globe access to their important data.
Executives
Neal I Goldman 10 percent owner 170 SOUTHPORT DRIVE, MORRISVILLE NC 27560
James W Sight director 712 FIFTH AVENUE, C/O GRIFFON CORPORATION, NEW YORK NY 100194108
Douglas J Morgan director 561 KEYSTONE AVE #330, RENO NV 89503
Lauren C Anderson director C/O IMAGEWARE SYSTEMS INC., 13500 EVENING CREEK DRIVE N STE 550, SAN DIEGO CA 92128
Jay B Lewis officer: SVP and CFO 9503 SILVER SPUR LN, HIGHLANDS RANCH CO 80130
James M Demitrieus director 13500 EVENING CREEK DRIVE N., SUITE 550, SAN DIEGO CA 92128
Benjamin C. Smeal director 2221 OLYMPIC BLVD., WALNUT CREEK CA 94561
Nantahala Capital Partners Ii Limited Partnership 10 percent owner 130 MAIN ST, 2ND FLOOR, NEW CANAAN CT 06840
Nantahala Capital Management, Llc 10 percent owner 130 MAIN ST., 2ND FLOOR, NEW CANAAN CT 06840
Wilmot B. Harkey 10 percent owner C/O NANTAHALA CAPITAL MANAGEMENT, LLC, 130 MAIN ST. 2ND FLOOR, NEW CANAAN CT 06840
Daniel Mack 10 percent owner C/O NANTAHALA CAPITAL MANAGEMENT, LLC, 130 MAIN ST. 2ND FLOOR, NEW CANAAN CT 06840
Jonathan D Morris officer: CFO C/O IMAGEWARE SYSTEMS, INC., 13500 EVENING CREEK DRIVE N SUITE 550, SAN DIEGO CA 92128
Kristin Taylor officer: PRESIDENT & CEO 13500 EVENING CREEK DRIVE N, SUITE 550, SAN DIEGO CA 92128
S James Miller director, officer: COB & CEO 10815 RANCHO BERNARDO RD.,, SUITE 310, SAN DIEGO CA 92127
David E. Harding officer: CHIEF TECHNICAL OFFICER 10815 RANCHO BERNARDO ROAD, SUITE 310, SAN DIEGO CA 92127