RocketFuel Blockchain (RocketFuel Blockchain) Inventory Turnover : 0.00 (As of Jun. 2023)

View and export this data going back to . Start your Free Trial

What is RocketFuel Blockchain 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. RocketFuel Blockchain's Cost of Goods Sold for the three months ended in Jun. 2023 was $0.00 Mil. RocketFuel Blockchain's Average Total Inventories for the quarter that ended in Jun. 2023 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. RocketFuel Blockchain's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.00.

RocketFuel Blockchain Inventory Turnover Historical Data

The historical data trend for RocketFuel Blockchain'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.

* Premium members only.

RocketFuel Blockchain Inventory Turnover Chart

RocketFuel Blockchain Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

Get a 7-Day Free Trial

RocketFuel Blockchain Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

RocketFuel Blockchain Inventory Turnover Calculation

RocketFuel Blockchain's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

RocketFuel Blockchain's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

RocketFuel Blockchain (OTCPK:RKFL) 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.

RocketFuel Blockchain's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	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.

RocketFuel Blockchain's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	0	/	0.235
	=	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.

RocketFuel Blockchain Inventory Turnover Related Terms

Thank you for viewing the detailed overview of RocketFuel Blockchain's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

RocketFuel Blockchain (RocketFuel Blockchain) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RocketFuel Blockchain Inc (OTCPK:RKFL) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

201 Spear Street, Suite 1100, San Francisco, CA, USA, 94105

Website

https://www.rocketfuelblockchain.com

RocketFuel Blockchain Inc is a development-stage company that is in the process of developing check-out systems based upon blockchain technology and designed to increase speed, security, and ease of use. The company's blockchain-based check-out solution is being designed to include a single-click functionality to invoke payment conveyance with integrated consumer shipping address data. The provide payment solutions to businesses enabling them to make and receive payments with cryptocurrencies and via bank transfers, including ACH.

Executives

Peter Michael Jensen	director, officer: CEO	45 BULKLEY AVE #3, SAUSALITO CA 94965
Gert Funk	director, 10 percent owner, officer: Chief Executive Officer	C/O B4MC GOLD MINES, INC., 3651 LINDELL ROAD, LAS VEGAS NV 89103
Bennett J. Yankowitz	director, 10 percent owner, officer: President	P.O. BOX 5778, BEVERLY HILLS CA 90024
Rohan Hall	officer: CTO	29 CANOE, IRVINE CA 92618
Henrik Rouf	10 percent owner	468 N. CAMDEN DR., SUITE 350, BEVERLY HILLS CA 90210
Joseph E Page	director, 10 percent owner, officer: Chief Technical Officer	C/O B4MC GOLD MINES, INC., 3651 LINDELL ROAD, LAS VEGAS NV 89103
Carsten Jensen	10 percent owner	RUNGSTEDVEJ 127, RUNGSTED G7 2960
Saxton Capital Ltd.	10 percent owner	RUNGSTEDVEJ 127, RUNGSTED G7 2960
Henrik Oerbekker	10 percent owner	94, RUE DES AUBEPINES, L-1145, LUXEMBOURG N4 2449
Erik Hamann Petersen	10 percent owner	C/O ULRIK LARSEN, STENVAENGET 16, HEDEHUSENE G7 DK-2640