Gen2 Technologies (Gen2 Technologies) Inventory Turnover : 0.00 (As of Oct. 2017)

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What is Gen2 Technologies 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. Gen2 Technologies's Cost of Goods Sold for the three months ended in Oct. 2017 was $0.00 Mil. Gen2 Technologies's Average Total Inventories for the quarter that ended in Oct. 2017 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.

Gen2 Technologies Inventory Turnover Historical Data

The historical data trend for Gen2 Technologies'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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Gen2 Technologies Inventory Turnover Chart

Gen2 Technologies Annual Data

Trend

Apr11

Apr12

Apr13

Apr14

Apr15

Apr16

Apr17

Inventory Turnover

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1.20

Gen2 Technologies Quarterly Data
	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Gen2 Technologies Inventory Turnover Calculation

Gen2 Technologies's Inventory Turnover for the fiscal year that ended in Apr. 2017 is calculated as

	Inventory Turnover (A: Apr. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Apr. 2017 )	/ (	(Total Inventories (A: Apr. 2016 )	+	Total Inventories (A: Apr. 2017 ))	/	count )
=	0	/ (	(0.001	+	0)	/	1 )
=	0	/	0.001
=	0.00

Gen2 Technologies's Inventory Turnover for the quarter that ended in Oct. 2017 is calculated as

	Inventory Turnover (Q: Oct. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Oct. 2017 )	/ (	(Total Inventories (Q: Jul. 2017 )	+	Total Inventories (Q: Oct. 2017 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Gen2 Technologies (OTCPK:MNIZ) 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.

Gen2 Technologies's Days Inventory for the three months ended in Oct. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2017 )	/	Cost of Goods Sold (Q: Oct. 2017 )	*	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.

Gen2 Technologies's Inventory to Revenue for the quarter that ended in Oct. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Oct. 2017 )	/	Revenue (Q: Oct. 2017 )
	=	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.

Gen2 Technologies Inventory Turnover Related Terms

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Gen2 Technologies (Gen2 Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gen2 Technologies Inc (OTCPK:MNIZ) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

1955 Baring Boulvard, Suite A, Sparks, NV, USA, 89434

Website

http://www.gen2technologies.com

Gen2 Technologies Inc is the next generation in live-action broadcasting technology. It is a full-service provider geared to professional leagues and athletes, whether it be traditional sports, extreme sports, or esports, that allows fans to watch them in action from perspectives that do not exist.