PSSR (PASSUR Aerospace) Inventory Turnover: 0.00 (As of Jul. 2022)

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PSSR PASSUR Aerospace Inc PSSR
12 GF Score
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What is PASSUR Aerospace Inventory Turnover?

PASSUR Aerospace PSSR 12 Inventory Turnover is 0.00 as of Jul. 2022. GuruFocus rates PSSR with a GF Score™ of 12/100.

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. PASSUR Aerospace's Cost of Goods Sold for the three months ended in Jul. 2022 was $1.23 Mil. PASSUR Aerospace's Average Total Inventories for the quarter that ended in Jul. 2022 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PASSUR Aerospace's Days Inventory for the three months ended in Jul. 2022 was 0.00.

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. PASSUR Aerospace's Inventory-to-Revenue for the quarter that ended in Jul. 2022 was 0.00.

PASSUR Aerospace  (OTCPK:PSSR) 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.

PASSUR Aerospace's Days Inventory for the three months ended in Jul. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Jul. 2022 )/Cost of Goods Sold (Q: Jul. 2022 )*Days in Period
=0/1.227*365 / 4
=0.00

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.

PASSUR Aerospace's Inventory to Revenue for the quarter that ended in Jul. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2022 ) / Revenue (Q: Jul. 2022 )
=0 / 1.484
=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.

PASSUR Aerospace Inventory Turnover Related Terms

PASSUR Aerospace Inventory Turnover Historical Data

* Premium members only.

The historical data trend for PASSUR Aerospace'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.

PASSUR Aerospace Inventory Turnover Chart

PASSUR Aerospace Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

PASSUR Aerospace Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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
PSSR
12GF Score
PASSUR Aerospace Inc PSSR
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PASSUR Aerospace Inventory Turnover Calculation

PASSUR Aerospace's Inventory Turnover for the fiscal year that ended in Oct. 2021 is calculated as

Inventory Turnover (A: Oct. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Oct. 2021 ) / ((Total Inventories (A: Oct. 2020 ) + Total Inventories (A: Oct. 2021 )) / count )
=2.277 / ((0 + 0) / 1 )
=2.277 / 0
=N/A

PASSUR Aerospace's Inventory Turnover for the quarter that ended in Jul. 2022 is calculated as

Inventory Turnover (Q: Jul. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jul. 2022 ) / ((Total Inventories (Q: Apr. 2022 ) + Total Inventories (Q: Jul. 2022 )) / count )
=1.227 / ((0 + 0) / 1 )
=1.227 / 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?
PASSUR Aerospace (PSSR) has a Inventory Turnover of 0.00 as of Jul. 2022. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on PASSUR Aerospace and its competitors.
Is PASSUR Aerospace's Inventory Turnover too high?
PASSUR Aerospace's current Inventory Turnover is 0.00. Overall, PASSUR Aerospace has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does PASSUR Aerospace's Inventory Turnover compare to BANT and HWKE?
PASSUR Aerospace's Inventory Turnover of 0.00 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Inventory Turnover depends on the Aerospace & Defense 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 PASSUR Aerospace and its competitors. PASSUR Aerospace'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 PASSUR Aerospace stock overvalued right now?
PASSUR Aerospace (PSSR) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. PASSUR Aerospace's overall GF Score™ is 12/100. 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 PASSUR Aerospace (PSSR), the current Inventory Turnover is 0.00 as of Jul. 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.

PASSUR Aerospace Business Description

Address 3452 Lake Lynda Drive, Suite 190, Orlando, FL, USA, 06901
PASSUR Aerospace Inc is engaged in digital operational excellence, providing predictive analytics and decision support technology for the aviation industry, to improve the operational performance and cash flow of airlines and the airports where they operate. The company's information solutions are used at five North American airlines; by airlines in Europe; by more than 60 airport customers (used at the top 30 North American airports); by more than 100 business aviation organizations; and by the US government.
12GF 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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