OTTV (Viva Entertainment Group) Inventory Turnover: 0.00 (As of Apr. 2022)


What is Viva Entertainment Group Inventory Turnover?

Viva Entertainment Group OTTV -99.00% Inventory Turnover is 0.00 as of Apr. 2022.

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. Viva Entertainment Group's Cost of Goods Sold for the six months ended in Apr. 2022 was $0.00 Mil. Viva Entertainment Group's Average Total Inventories for the quarter that ended in Apr. 2022 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. Viva Entertainment Group's Inventory-to-Revenue for the quarter that ended in Apr. 2022 was 0.00.

Viva Entertainment Group  (OTCPK:OTTV) 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.

Viva Entertainment Group's Days Inventory for the six months ended in Apr. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Apr. 2022 )/Cost of Goods Sold (Q: Apr. 2022 )*Days in Period
=0/0*365 / 2
=

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.

Viva Entertainment Group's Inventory to Revenue for the quarter that ended in Apr. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2022 ) / Revenue (Q: Apr. 2022 )
=0 / 0.008
=0.00

* 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.

Viva Entertainment Group Inventory Turnover Related Terms

Viva Entertainment Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Viva Entertainment Group'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.

Viva Entertainment Group Inventory Turnover Chart

Viva Entertainment Group Annual Data
Trend Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Viva Entertainment Group Semi-Annual Data
Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Apr21 Apr22
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

Viva Entertainment Group Inventory Turnover Calculation

Viva Entertainment Group's Inventory Turnover for the fiscal year that ended in Oct. 2018 is calculated as

Inventory Turnover (A: Oct. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Oct. 2018 ) / ((Total Inventories (A: Oct. 2017 ) + Total Inventories (A: Oct. 2018 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Viva Entertainment Group's Inventory Turnover for the quarter that ended in Apr. 2022 is calculated as

Inventory Turnover (Q: Apr. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Apr. 2022 ) / ((Total Inventories (Q: Apr. 2021 ) + Total Inventories (Q: Apr. 2022 )) / 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?
Viva Entertainment Group (OTTV) has a Inventory Turnover of 0.00 as of Apr. 2022. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Viva Entertainment Group and its competitors.
Is Viva Entertainment Group's Inventory Turnover too high?
Viva Entertainment Group's current Inventory Turnover is 0.00.
How does Viva Entertainment Group's Inventory Turnover compare to FPTA and CXKJ?
Viva Entertainment Group'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 Viva Entertainment Group and its competitors. Viva Entertainment Group'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 Viva Entertainment Group stock overvalued right now?
Viva Entertainment Group (OTTV) 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 Viva Entertainment Group (OTTV), the current Inventory Turnover is 0.00 as of Apr. 2022. 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.

Viva Entertainment Group Business Description

Address 143-41 84th Drive, Briarwood, NY, USA, 11435
Viva Entertainment Group Inc is an entertainment and technology company that connects content owners and video distributors to deliver content on any smart device with a screen. The company engages in developing and marketing it's over the top (IPTV/OTT) application for connected TV's, desktop computers, tablets, and smartphones. It provides access to the content anywhere, anytime, and with a wifi connection customers can watch Live TV from around the world, TV shows, premium channels, as well as movies on demand, Tele-video conferences and many other interactive features.