Solidus Communications (Solidus Communications) Inventory Turnover : 0.00 (As of Nov. 2016)

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What is Solidus Communications 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. Solidus Communications's Cost of Goods Sold for the six months ended in Nov. 2016 was $0.01 Mil. Solidus Communications's Average Total Inventories for the quarter that ended in Nov. 2016 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Solidus Communications's Days Inventory for the six months ended in Nov. 2016 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. Solidus Communications's Inventory-to-Revenue for the quarter that ended in Nov. 2016 was 0.00.

Solidus Communications Inventory Turnover Historical Data

The historical data trend for Solidus Communications'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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Solidus Communications Inventory Turnover Chart

Solidus Communications Annual Data

Trend

Nov07

Nov08

Nov09

Nov10

Nov11

Nov12

Nov13

Nov14

Nov15

Nov16

Inventory Turnover

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Solidus Communications Semi-Annual Data
	Nov07	Nov08	Nov09	Nov10	Nov11	Nov12	Nov13	Nov14	Nov15	Nov16
Inventory Turnover	Get a 7-Day Free Trial					-	-	-	-	-

Solidus Communications Inventory Turnover Calculation

Solidus Communications's Inventory Turnover for the fiscal year that ended in Nov. 2016 is calculated as

	Inventory Turnover (A: Nov. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Nov. 2016 )	/ (	(Total Inventories (A: Nov. 2015 )	+	Total Inventories (A: Nov. 2016 ))	/	count )
=	0.01	/ (	(0	+	0)	/	1 )
=	0.01	/	0
=	N/A

Solidus Communications's Inventory Turnover for the quarter that ended in Nov. 2016 is calculated as

	Inventory Turnover (Q: Nov. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Nov. 2016 )	/ (	(Total Inventories (Q: Nov. 2015 )	+	Total Inventories (Q: Nov. 2016 ))	/	count )
=	0.01	/ (	(0	+	0)	/	1 )
=	0.01	/	0
=	N/A

Solidus Communications (OTCPK:SLDC) 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.

Solidus Communications's Days Inventory for the six months ended in Nov. 2016 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Nov. 2016 )	/	Cost of Goods Sold (Q: Nov. 2016 )	*	Days in Period
	=	0	/	0.01	*	365 / 2
	=	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.

Solidus Communications's Inventory to Revenue for the quarter that ended in Nov. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Nov. 2016 )	/	Revenue (Q: Nov. 2016 )
	=	0	/	0.152
	=	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.

Solidus Communications Inventory Turnover Related Terms

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Solidus Communications (Solidus Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Solidus Communications Inc (OTCPK:SLDC) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

454 South Yonge Street, Suite 3A, Ormond Beach, FL, USA, 32174

Website

https://www.soliduscommunications.com

Solidus Communications Inc offers telecommunication services and equipment, including mobile phones, mobile voice service, and VoIP service. It offers prepaid service/plans that include predefined minute/unlimited minute plans. It offers services under the brand names Amgentech and Telco Cuba. Under the brand name Telco Cuba, the company is targeting the Cuban American demographic in the United States. Under the brand name Amgentech, offers the best of breed technology solutions which include, but are not limited to Software and Network architecture services, software development, website development, hosting and colocation services, managed network and server services, voice over IP servers and bulk mailing services.

Executives

Jmz Alliance Group, Inc.	10 percent owner	1108 KANE CONCOURSE, #206, HARBOR ISLANDS FL 33154
Pucillo Frederick J. Jr.	director, officer: CEO, President	111 AIRPORT RD., UNIT 5, WARWICK RI 02889
Malkeet Singh Bains	director, 10 percent owner, officer: President, Secretary-Treasurer	7445 132ND STREET, SUITE 2008, SURREY A1 V3W 5S8

Solidus Communications (Solidus Communications) Headlines

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