NORD (Nordicus Partners) Inventory Turnover : 0.00 (As of Sep. 2024)

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What is Nordicus Partners 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. Nordicus Partners's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.00 Mil. Nordicus Partners's Average Total Inventories for the quarter that ended in Sep. 2024 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. Nordicus Partners's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.

Nordicus Partners Inventory Turnover Historical Data

The historical data trend for Nordicus Partners'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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Nordicus Partners Inventory Turnover Chart

Nordicus Partners Annual Data

Trend

Mar22

Mar23

Mar24

Inventory Turnover

Nordicus Partners Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial						-	-	-	-	-

Nordicus Partners Inventory Turnover Calculation

Nordicus Partners's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

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

Nordicus Partners's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Nordicus Partners (OTCPK:NORD) 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.

Nordicus Partners's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	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.

Nordicus Partners's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	0	/	0.003
	=	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.

Nordicus Partners Inventory Turnover Related Terms

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Nordicus Partners Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Nordicus Partners Corp (OTCPK:NORD) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

280 S. Beverly Drive, Suite 505, Beverly Hills, CA, USA, 89103

Website

https://www.nordicuspartners.com

Nordicus Partners Corp is a financial consulting company specializing in providing Nordic companies with the possible conditions to establish themselves in the U.S. market, taking advantage of management's combined several years of experience in the corporate sector, serving in different capacities both domestically and globally. The company's core competencies lie in assisting Danish as well as Nordic and international companies in different areas of corporate finance activities, such as business valuation, growth strategies, attracting capital for business & company acquisition, and sales.

Executives

Partners Aps Gk	10 percent owner	MESTERLODDEN 3B, GENTOFTE G7 2820
Henrik Rouf	10 percent owner	468 N. CAMDEN DR., SUITE 350, BEVERLY HILLS CA 90210
Henrik Oerbekker	10 percent owner	94, RUE DES AUBEPINES, L-1145, LUXEMBOURG N4 2449
Khristine L Carroll	officer: EVP Commercial Operations	229 ANDOVER STREET, WILMINGTON MA 01887
Mark R Tauscher	director
Oneill William J Jr	director	4000 HOLLYWOOD BLVD STE 650N, HOLLYWOOD FL 33021
Michael L Barretti	director	78 E OLYMPIA AVE, C/O CARDIO TECH INTERNATIONAL INC, WOBURN MA 01810-2057
Michael F Adams	director, officer: Chief Executive Officer	78 E OLYMPIA AVE, C/O CARDIO TECH INTERNATIONAL INC, WOBURN MA 01810-2057
David Crispino Volpe	officer: Chief Financial Officer	235 STONEBRIDGE DRIVE, NASHUA NH 03063
Eric G Walters	officer: Vice President and CFO	C/O MFIC CORP, 30 OSSIPEE RD., NEWTON MA 02464
Andrew Martin Reed	officer: VP of Science and Technology	12106 WEST 75TH LANE, ARVADA CO 80005
Philip Alan Beck	other: General manager	1230 CREEKSIDE CROSSING, STILLWATER MN 55082
Jeremiah E Dorsey	director	P.O. BOX 910, QUECHEE VT 05059
Leslie M Taeger	officer: CFO
Douglas E Whittaker	officer: President Gish Biomedical

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