PKLBF (Perk Labs) Inventory Turnover: 6.00 (As of Aug. 2023)

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What is Perk Labs Inventory Turnover?

Perk Labs PKLBF -99.00% Inventory Turnover is 6.00 as of Aug. 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. Perk Labs's Cost of Goods Sold for the three months ended in Aug. 2023 was $0.01 Mil. Perk Labs's Average Total Inventories for the quarter that ended in Aug. 2023 was $0.00 Mil. Perk Labs's Inventory Turnover for the quarter that ended in Aug. 2023 was 6.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Perk Labs's Days Inventory for the three months ended in Aug. 2023 was 15.21.

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. Perk Labs's Inventory-to-Revenue for the quarter that ended in Aug. 2023 was 0.14.

Perk Labs  (OTCPK:PKLBF) 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.

Perk Labs's Days Inventory for the three months ended in Aug. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Aug. 2023 )/Cost of Goods Sold (Q: Aug. 2023 )*Days in Period
=0.001/0.006*365 / 4
=15.21

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.

Perk Labs's Inventory to Revenue for the quarter that ended in Aug. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2023 ) / Revenue (Q: Aug. 2023 )
=0.001 / 0.007
=0.14

* 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.

Perk Labs Inventory Turnover Related Terms

Perk Labs Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Perk Labs'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.

Perk Labs Inventory Turnover Chart

Perk Labs Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Inventory Turnover
Get a 7-Day Free Trial 0.00 0.00 6.50 2.80 4.25

Perk Labs Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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 0.46 2.33 1.00 29.00 6.00

Perk Labs Inventory Turnover Calculation

Perk Labs's Inventory Turnover for the fiscal year that ended in Nov. 2022 is calculated as

Inventory Turnover (A: Nov. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Nov. 2022 ) / ((Total Inventories (A: Nov. 2021 ) + Total Inventories (A: Nov. 2022 )) / count )
=0.017 / ((0.007 + 0.001) / 2 )
=0.017 / 0.004
=4.25

Perk Labs's Inventory Turnover for the quarter that ended in Aug. 2023 is calculated as

Inventory Turnover (Q: Aug. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Aug. 2023 ) / ((Total Inventories (Q: May. 2023 ) + Total Inventories (Q: Aug. 2023 )) / count )
=0.006 / ((0.001 + 0.001) / 2 )
=0.006 / 0.001
=6.00

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 6.00 mean?
Perk Labs (PKLBF) has a Inventory Turnover of 6.00 as of Aug. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Perk Labs and its competitors.
Is Perk Labs' Inventory Turnover too high?
Perk Labs' current Inventory Turnover is 6.00.
How does Perk Labs' Inventory Turnover compare to MSFT and ORCL?
Perk Labs' Inventory Turnover of 6.00 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 Perk Labs and its competitors. Perk Labs's current Inventory Turnover is 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perk Labs stock overvalued right now?
Perk Labs (PKLBF) has a current Inventory Turnover of 6.00. The current Inventory Turnover is 6.00. 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 Perk Labs (PKLBF), the current Inventory Turnover is 6.00 as of Aug. 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.

Perk Labs Business Description

Address 997 Seymour Street, Suite 250, Pmb 955, Vancouver, BC, CAN, V6B 3M1
Perk Labs Inc operates an online ordering, payments and loyalty platform. The company offers merchants three main products: online ordering, digital dine-in and custom branded apps and distributes its products through a digital franchise business model. Perk Hero is a digital loyalty management platform that enables merchants to provide their customers with digital rewards and a more engaging and convenient customer experience.