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SharpSpring (SharpSpring) Inventory Turnover : 0.00 (As of Jun. 2021)


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What is SharpSpring 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. SharpSpring's Cost of Goods Sold for the three months ended in Jun. 2021 was $1.98 Mil. SharpSpring's Average Total Inventories for the quarter that ended in Jun. 2021 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SharpSpring's Days Inventory for the three months ended in Jun. 2021 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. SharpSpring's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 0.00.


SharpSpring Inventory Turnover Historical Data

The historical data trend for SharpSpring'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.

SharpSpring Inventory Turnover Chart

SharpSpring Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Inventory Turnover
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SharpSpring Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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SharpSpring Inventory Turnover Calculation

SharpSpring's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Inventory Turnover (A: Dec. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2020 ) / ((Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count )
=8.063 / ((0 + 0) / 1 )
=8.063 / 0
=N/A

SharpSpring's Inventory Turnover for the quarter that ended in Jun. 2021 is calculated as

Inventory Turnover (Q: Jun. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2021 ) / ((Total Inventories (Q: Mar. 2021 ) + Total Inventories (Q: Jun. 2021 )) / count )
=1.984 / ((0 + 0) / 1 )
=1.984 / 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.


SharpSpring  (NAS:SHSP) 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.

SharpSpring's Days Inventory for the three months ended in Jun. 2021 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2021 )/Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=0/1.984*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.

SharpSpring's Inventory to Revenue for the quarter that ended in Jun. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=0 / 8.106
=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.


SharpSpring Inventory Turnover Related Terms

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SharpSpring (SharpSpring) Business Description

Traded in Other Exchanges
N/A
Address
5001 Celebration Pointe Avenue, Suite 410, Gainesville, FL, USA, 32608
SharpSpring Inc provides cloud-based marketing technology. Its marketing automation platform uses features such as web tracking, lead scoring, and an automated workflow to deliver the right message to the right customer at the right time. It provides SaaS-based marketing technologies to customers around the world. Its platform also includes customer relationship management technology that enables a business to store, manage and optimize customer and prospect data in a cloud-based environment. Its products include the Mail+ product and marketing automation platform. The majority of the revenue is generated by Marketing automation.
Executives
Richard Alan Carlson director, officer: CEO and President 304 WEST UNIVERSITY AVENUE GAINESVILLE FL 32601
Travis Whitton officer: Chief Technology Officer 304 WEST UNIVERSITY AVENUE GAINESVILLE FL 32601
Greenhaven Road Capital Fund 1, L.p. director 8 SOUND SHORE DRIVE, C/O ROYCE & ASSOCIATES, SUITE 190, GREENWICH CT 06830
Greenhaven Road Investment Management, L.p. director 8 SOUND SHORE DRIVE, C/O ROYCE & ASSOCIATES, SUITE 190, GREENWICH CT 06830
Mvm Funds Llc director 8 SOUND SHORE DRIVE, C/O ROYCE & ASSOCIATES, SUITE 190, GREENWICH CT 06930
Scott Stewart Miller director, 10 percent owner 70 GREENHAVEN ROAD, RYE NY 10580
David A. Buckel director SHARPSPRING, 550 SW 2ND AVENUE, GAINESVILLE FL 32601
Steven A. Huey director C/O SHARPSPRING 550 SW 2ND AVENUE GAINESVILLE FL 32601
Savneet Singh director 120 RIVERSIDE BLVD, PH 2K, NEW YORK NY 10069
Greenhaven Road Capital Fund 2, L.p. director 8 SOUND SHORE DRIVE, C/O ROYCE & ASSOCIATES, SUITE 190, GREENWICH CT 06830
Marietta Davis director C/O SHARPSPRING, 550 SW 2ND AVENUE, GAINESVILLE FL 32601
Aaron David Jackson officer: Interim CFO 2034 SW 73RD TER GAINESVILLE FL 32607
Michael Power officer: Chief Financial Officer 5001 CELEBRATION POINTE AVE SUITE 410 GAINESVILLE FL 32608
Cat Rock Capital Management Lp 10 percent owner 8 SOUND SHORE DRIVE, SUITE 250 GREENWICH CT 06830
Daniel Allen director 299 PARK AVENUE SOUTH, SUITE 90959, NEW YORK NY 10003