OCTV (Octave Intelligence) Inventory Turnover: 21.69 (As of Dec. 2024)

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OCTV Octave Intelligence PLC OCTV
19 GF Score
Price $16.32
! 1 Warning Sign
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What is Octave Intelligence Inventory Turnover?

Octave Intelligence OCTV +5.29% 19 Inventory Turnover is 21.69 as of Dec. 2024. GuruFocus rates OCTV with a GF Score™ of 19/100. The stock has 1 warning sign investors should review.

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. Octave Intelligence's Cost of Goods Sold for the six months ended in Dec. 2024 was $433 Mil. Octave Intelligence's Average Total Inventories for the quarter that ended in Dec. 2024 was $20 Mil. Octave Intelligence's Inventory Turnover for the quarter that ended in Dec. 2024 was 21.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Octave Intelligence's Days Inventory for the six months ended in Dec. 2024 was 8.41.

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. Octave Intelligence's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.01.


Octave Intelligence  (NAS:OCTV) 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.

Octave Intelligence's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=19.9715/433.18*365 / 2
=8.41

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.

Octave Intelligence's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=19.9715 / 1604.171
=0.01

* 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.


Octave Intelligence Inventory Turnover Related Terms


Octave Intelligence Inventory Turnover Historical Data

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The historical data trend for Octave Intelligence'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.

Octave Intelligence Inventory Turnover Chart

Octave Intelligence Annual Data
Trend Dec22 Dec23 Dec24
Inventory Turnover
0.00 17.26 21.69

Octave Intelligence Semi-Annual Data
Dec22 Dec23 Dec24
Inventory Turnover 0.00 17.26 21.69
OCTV
19GF Score
Octave Intelligence PLC OCTV
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Octave Intelligence Inventory Turnover Calculation

Octave Intelligence's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=433.18 / ((26.064 + 13.879) / 2 )
=433.18 / 19.9715
=21.69

Octave Intelligence's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Dec. 2024 )) / count )
=433.18 / ((26.064 + 13.879) / 2 )
=433.18 / 19.9715
=21.69

* 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 21.69 mean?
Octave Intelligence (OCTV) has a Inventory Turnover of 21.69 as of Dec. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Octave Intelligence and its competitors.
Is Octave Intelligence's Inventory Turnover too high?
Octave Intelligence's current Inventory Turnover is 21.69. Overall, Octave Intelligence has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Octave Intelligence's Inventory Turnover compare to SRAD and DAVE?
Octave Intelligence's Inventory Turnover of 21.69 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 Octave Intelligence and its competitors. Octave Intelligence's current Inventory Turnover is 21.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Octave Intelligence stock overvalued right now?
Octave Intelligence (OCTV) has a current Inventory Turnover of 21.69. The current Inventory Turnover is 21.69. Octave Intelligence's overall GF Score™ is 19/100 with 1 warning sign to review. 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 Octave Intelligence (OCTV), the current Inventory Turnover is 21.69 as of Dec. 2024. 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.

Octave Intelligence Business Description

Address 305 Intergraph Way, Madison, AL, USA, 35758
Octave Intelligence PLC provides a suite of software solutions that help organizations design, build, operate, and protect their physical assets, people, and critical infrastructure. The company operates in a single business segment developing enterprise software used in design, construction, operations, and security. Geographically, it operates in Americas that includes the United States, and Other Americas (Canada, and Latin America); EMIA that includes Europe, Middle East, India, and Africa; and APAC that includes the Asia-Pacific region, excluding India. The company derives maximum revenue from Americas. Its products include: Octave Coda Spatial, Octave Alto Twin, Octave Coda, Octave Oncall, Octave Alto, Octave Imagine, Octave Oncall Dispatch, Octave Alto Lightspeed, and Others.
19GF Score

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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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