Puget Technologies (Puget Technologies) Inventory Turnover : 0.00 (As of Jul. 2021)

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What is Puget Technologies 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. Puget Technologies's Cost of Goods Sold for the three months ended in Jul. 2021 was $0.00 Mil. Puget Technologies's Average Total Inventories for the quarter that ended in Jul. 2021 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.

Puget Technologies Inventory Turnover Historical Data

The historical data trend for Puget Technologies'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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Puget Technologies Inventory Turnover Chart

Puget Technologies Annual Data

Trend

Oct11

Oct12

Oct13

Oct14

Oct19

Oct20

Inventory Turnover

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32.00

Puget Technologies Quarterly Data
	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Puget Technologies Inventory Turnover Calculation

Puget Technologies's Inventory Turnover for the fiscal year that ended in Oct. 2020 is calculated as

	Inventory Turnover (A: Oct. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Oct. 2020 )	/ (	(Total Inventories (A: Oct. 2019 )	+	Total Inventories (A: Oct. 2020 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Puget Technologies's Inventory Turnover for the quarter that ended in Jul. 2021 is calculated as

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

Puget Technologies (OTCPK:PUGE) 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.

Puget Technologies's Days Inventory for the three months ended in Jul. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jul. 2021 )	/	Cost of Goods Sold (Q: Jul. 2021 )	*	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.

Puget Technologies's Inventory to Revenue for the quarter that ended in Jul. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jul. 2021 )	/	Revenue (Q: Jul. 2021 )
	=	0	/	0
	=

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.

Puget Technologies Inventory Turnover Related Terms

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Puget Technologies (Puget Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Puget Technologies Inc (OTCPK:PUGE) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1200 North Federal Highway, Suite 200-A, Boca Raton, FL, USA, 33432

Website

https://www.pugettechnologies.com

Puget Technologies Inc is a development-stage company in the United States.

Executives

Thomas M Jaspers	director, 10 percent owner, officer: Chief Financial Officer	8310 S VALLEY HIGHWAY SUITE 300 ENGLEWOOD CO 80112
Qest Acquisition Corp	10 percent owner	8310 S VALLEY HIGHWAY SUITE 300 ENGLEWOOD CO 80112

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