ProStar Holdings (ProStar Holdings) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is ProStar Holdings 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. ProStar Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.01 Mil. ProStar Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ProStar Holdings's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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. ProStar Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

ProStar Holdings Inventory Turnover Historical Data

The historical data trend for ProStar Holdings'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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ProStar Holdings Inventory Turnover Chart

ProStar Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

ProStar Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial													-	-	-	-	-

ProStar Holdings Inventory Turnover Calculation

ProStar Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	0.179	/ (	(0	+	0)	/	1 )
=	0.179	/	0
=	N/A

ProStar Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0.013	/ (	(0	+	0)	/	1 )
=	0.013	/	0
=	N/A

ProStar Holdings (OTCPK:MAPPF) 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.

ProStar Holdings's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0	/	0.013	*	365 / 4
	=	0.00

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.

ProStar Holdings's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0	/	0.236
	=	0.00

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.

ProStar Holdings Inventory Turnover Related Terms

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ProStar Holdings (ProStar Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ProStar Holdings Inc (OTCPK:MAPPF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

MAPS:Canada

Address

760 Horizon Drive, Suite 200, Grand Junction, CO, USA, 81506

Website

https://www.prostarcorp.com

ProStar Holdings Inc specializes in the development of patented mapping software. ProStar's Precision Mapping Solutions are natively cloud and mobile and offered as Software as a Service. The company's Software as a Service provides the ability to capture, record, and display the precise location of critical infrastructure such as buried utilities and pipelines; which is all accomplished in real time through ProStar's patented geospatial intelligence software. The Company operates in one reportable segment, providing Geospatial Intelligence Software for asset-centric industries, and earns revenue in one region, North America.