Perpetual Industries (Perpetual Industries) Inventory Turnover : 109.76 (As of Dec. 2022)

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What is Perpetual Industries 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. Perpetual Industries's Cost of Goods Sold for the six months ended in Dec. 2022 was $1.87 Mil. Perpetual Industries's Average Total Inventories for the quarter that ended in Dec. 2022 was $0.02 Mil. Perpetual Industries's Inventory Turnover for the quarter that ended in Dec. 2022 was 109.76.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Perpetual Industries's Days Inventory for the six months ended in Dec. 2022 was 1.66.

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. Perpetual Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.00.

Perpetual Industries Inventory Turnover Historical Data

The historical data trend for Perpetual Industries'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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Perpetual Industries Inventory Turnover Chart

Perpetual Industries Annual Data

Trend

Jul13

Jul14

Jul15

Dec21

Dec22

Inventory Turnover

365.86

109.76

Perpetual Industries Semi-Annual Data
	Jul13	Jul14	Jul15	Dec21	Dec22
Inventory Turnover	-	-	-	365.86	109.76

Perpetual Industries Inventory Turnover Calculation

Perpetual Industries's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	1.866	/ (	(0.014	+	0.02)	/	2 )
=	1.866	/	0.017
=	109.76

Perpetual Industries's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

	Inventory Turnover (Q: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2022 )	/ (	(Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )
=	1.866	/ (	(0.014	+	0.02)	/	2 )
=	1.866	/	0.017
=	109.76

Perpetual Industries (OTCPK:PRPI) 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.

Perpetual Industries's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2022 )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
	=	0.017	/	1.866	*	365 / 2
	=	1.66

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.

Perpetual Industries's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	0.017	/	5.241
	=	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.

Perpetual Industries Inventory Turnover Related Terms

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Perpetual Industries (Perpetual Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Perpetual Industries Inc (OTCPK:PRPI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2193 Rotunda Drive, Auburn, IN, USA, 46706

Website

https://www.perpetualindustries.com

Perpetual Industries Inc is engaged in the research, development, and commercialization of energy efficient products. The company's proprietary XYO Mechanical Balancing Technology is designed to harness rotor displacement energy and delivers solutions for inefficiencies that commonly affect rotating equipment, machinery, and devices. The firm is expanding expertise and knowledge of energy-efficient technology by developing low-cost, green energy solutions for various industries, including artificial intelligence, blockchain mining, graphic rendering, renewable energy, cloud computing and the internet of things, while continuing research, development, and commercialization of its proprietary XYO Balancing Technology in key applications.

Executives

Neil Maheshchandra Mulji	officer: Chief Operating Officer	5-8720 MACLEOD TRAIL SOUTH,, #110, CALGARY A0 T2H 0M4
Brent W. Bedford	director, 10 percent owner, officer: Chairman, President, CEO	5 - 8720 MACLEOD TRAIL SOUTH, #110, CALGARY A0 T2H 0M4
Roderick Charles Egan	director	C/O 5-8720 MACLEOD TRAIL SOUTH, #110, CALGARY A0 T2H 0M4
Douglas John Greig	other: GM of Operations	C/O 5-8720 MACLEOD TRAIL SOUTH, #110, CALGARY A0 T2H 0M4
Thomas Ristow	director	C/O 5-8720 MACLEOOD TRAIL SOUTH, #110, CALGARY A0 T2H 0M4