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


What is Solidus Communications Inventory Turnover?

Solidus Communications SLDC -8.33% Inventory Turnover is 0.00 as of Nov. 2016.

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  (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

* 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.

Solidus Communications Inventory Turnover Related Terms

Solidus Communications Inventory Turnover Historical Data

* Premium members only.

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.

Solidus Communications Inventory Turnover Chart

Solidus Communications Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Solidus Communications Semi-Annual Data
Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

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

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Solidus Communications (SLDC) has a Inventory Turnover of 0.00 as of Nov. 2016. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Solidus Communications and its competitors.
Is Solidus Communications' Inventory Turnover too high?
Solidus Communications' current Inventory Turnover is 0.00.
How does Solidus Communications' Inventory Turnover compare to HMMR and DTGI?
Solidus Communications' Inventory Turnover of 0.00 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Telecommunication Services company?
A good Inventory Turnover depends on the Telecommunication Services industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Solidus Communications and its competitors. Solidus Communications's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solidus Communications stock overvalued right now?
Solidus Communications (SLDC) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Solidus Communications (SLDC), the current Inventory Turnover is 0.00 as of Nov. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Solidus Communications Business Description

Address 260 Williamson Boulevard, Unit 731544, Ormond Beach, FL, USA, 32174
Solidus Communications Inc provides Voice over IP, wired and fixed wireless Internet service to home owner communities, and also provides hosting and software design services. The company along with its subsidiaries provides various integrated products and services under the Wireless Florida, WiFIBER, Advanced Satellite Systems, and Air2Land brands to business and residential customers in the United States and internationally. It operates in two segments; Business and Residential. The Company has two subsidiary, Advanced Satellite Systems, Inc., and Illumivation Labs, Inc.