OOOOF (OOOOO Entertainment Commerce) Inventory Turnover: 0.00 (As of Jul. 2023)

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What is OOOOO Entertainment Commerce Inventory Turnover?

OOOOO Entertainment Commerce OOOOF Inventory Turnover is 0.00 as of Jul. 2023.

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. OOOOO Entertainment Commerce's Cost of Goods Sold for the three months ended in Jul. 2023 was $0.00 Mil. OOOOO Entertainment Commerce's Average Total Inventories for the quarter that ended in Jul. 2023 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.

OOOOO Entertainment Commerce  (OTCPK:OOOOF) 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.

OOOOO Entertainment Commerce's Days Inventory for the three months ended in Jul. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Jul. 2023 )/Cost of Goods Sold (Q: Jul. 2023 )*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.

OOOOO Entertainment Commerce's Inventory to Revenue for the quarter that ended in Jul. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2023 ) / Revenue (Q: Jul. 2023 )
=0 / 0
=

* 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.

OOOOO Entertainment Commerce Inventory Turnover Related Terms

OOOOO Entertainment Commerce Inventory Turnover Historical Data

* Premium members only.

The historical data trend for OOOOO Entertainment Commerce'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.

OOOOO Entertainment Commerce Inventory Turnover Chart

OOOOO Entertainment Commerce Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Oct21 Oct22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

OOOOO Entertainment Commerce Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 0.00 0.00 0.00 0.00 0.00

OOOOO Entertainment Commerce Inventory Turnover Calculation

OOOOO Entertainment Commerce's Inventory Turnover for the fiscal year that ended in Oct. 2022 is calculated as

Inventory Turnover (A: Oct. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Oct. 2022 ) / ((Total Inventories (A: Oct. 2021 ) + Total Inventories (A: Oct. 2022 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

OOOOO Entertainment Commerce's Inventory Turnover for the quarter that ended in Jul. 2023 is calculated as

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

* 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 0.00 mean?
OOOOO Entertainment Commerce (OOOOF) has a Inventory Turnover of 0.00 as of Jul. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on OOOOO Entertainment Commerce and its competitors.
Is OOOOO Entertainment Commerce's Inventory Turnover too high?
OOOOO Entertainment Commerce's current Inventory Turnover is 0.00.
How does OOOOO Entertainment Commerce's Inventory Turnover compare to GOOGL and META?
OOOOO Entertainment Commerce's Inventory Turnover of 0.00 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Inventory Turnover depends on the Interactive Media 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 OOOOO Entertainment Commerce and its competitors. OOOOO Entertainment Commerce's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OOOOO Entertainment Commerce stock overvalued right now?
OOOOO Entertainment Commerce (OOOOF) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. 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 OOOOO Entertainment Commerce (OOOOF), the current Inventory Turnover is 0.00 as of Jul. 2023. 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.

OOOOO Entertainment Commerce Business Description

Address C/O 1000 - 925 West Georgia Street, Vancouver, BC, CAN, V6C 3L2
OOOOO Entertainment Commerce Ltd operates a technology platform that enables retailers, brands, and entrepreneurs to share product-based opinions directly to consumers through live, interactive, shoppable videos. The platform also offers gamification and social features which reward the community for helping to grow the user base, reducing the need for traditional ad networks.