Pervasip (Pervasip) Inventory Turnover : 0.97 (As of Aug. 2023)

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What is Pervasip 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. Pervasip's Cost of Goods Sold for the three months ended in Aug. 2023 was $2.41 Mil. Pervasip's Average Total Inventories for the quarter that ended in Aug. 2023 was $2.49 Mil. Pervasip's Inventory Turnover for the quarter that ended in Aug. 2023 was 0.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pervasip's Days Inventory for the three months ended in Aug. 2023 was 94.39.

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. Pervasip's Inventory-to-Revenue for the quarter that ended in Aug. 2023 was 0.57.

Pervasip Inventory Turnover Historical Data

The historical data trend for Pervasip'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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Pervasip Inventory Turnover Chart

Pervasip Annual Data

Trend

Nov06

Nov07

Nov08

Nov09

Nov10

Nov11

Nov12

Nov13

Nov14

Nov15

Inventory Turnover

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3.57

Pervasip Quarterly Data
	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Aug22	Aug23
Inventory Turnover	Get a 7-Day Free Trial															2.50	-	-	123.24	0.97

Pervasip Inventory Turnover Calculation

Pervasip's Inventory Turnover for the fiscal year that ended in Nov. 2015 is calculated as

	Inventory Turnover (A: Nov. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Nov. 2015 )	/ (	(Total Inventories (A: Nov. 2014 )	+	Total Inventories (A: Nov. 2015 ))	/	count )
=	0.457	/ (	(0	+	0.128)	/	1 )
=	0.457	/	0.128
=	3.57

Pervasip'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: Aug. 2022 )	+	Total Inventories (Q: Aug. 2023 ))	/	count )
=	2.41	/ (	(0	+	2.493)	/	1 )
=	2.41	/	2.493
=	0.97

Pervasip (OTCPK:PVSP) 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.

Pervasip'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
	=	2.493	/	2.41	*	365 / 4
	=	94.39

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.

Pervasip'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 )
	=	2.493	/	4.404
	=	0.57

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.

Pervasip Inventory Turnover Related Terms

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Pervasip (Pervasip) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Pervasip Corp (OTCPK:PVSP) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1917 1st Avenue, Suite 400, Seattle, WA, USA, 98101

Website

http://www.canalytix.com

Pervasip Corp principal activities of Company are consulting, IP licensing, management, staffing, leasing, and support services. It is a diversified asset management company that was founded to acquire, develop, and support companies and technologies in the emerging cannabis industry. It also, own the rights to a cannabis brand.

Executives

Kevin Kreisler	other: Officer of subsidiary	P.O. BOX 284, MT. ARLINGTON NJ 07856
Flux Carbon Corp	10 percent owner	5950 SHILOH ROAD EAST, SUITE N, ALPHARETTA GA 30005
Scott Robert Widham	director	BROADWING CORPORATION, 1122 CAPITAL OF TEXAS HIGHWAY SOUTH, AUSTIN TX 78746
Cherian Mathai	director	2-01 50TH STREET, APARTMENT 4 C, LONG ISLAND CITY NY 11101
S Miller Williams	director	C/O WILLBROS USA INC, 4400 POST OAK PARKWAY SUITE 1000, HOUSTON TX 77027
Gayle L Greer	director	P O BOX 840 STE 300, DENVER CO 80201
Michael H Khalilian	director, officer: Chief Technology Officer	478 E. ALTAMONTE DRIVE, SUITE 108-480, ALTAMONTE SPRINGS FL 32701
Mark Richards	other: President of subsidiary	118 CELEBRATION BLVD., CELEBRATION FL 34747
Greg M Cooper	director
Paul H Riss	director, officer: Chief Executive Officer, other: Chief Financial Officer
Joel Dupre	director	C/O CORDIA CORP, 445 HAMILTON AVENUE, SUITE 408, WHITE PLAINS NY 10601

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