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Silverton Adventures (Silverton Adventures) Inventory Turnover : 0.00 (As of Sep. 2023)


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What is Silverton Adventures 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. Silverton Adventures's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.00 Mil. Silverton Adventures's Average Total Inventories for the quarter that ended in Sep. 2023 was $0.11 Mil. Silverton Adventures's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.00.

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. Silverton Adventures's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 4.91.


Silverton Adventures Inventory Turnover Historical Data

The historical data trend for Silverton Adventures'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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Silverton Adventures Inventory Turnover Chart

Silverton Adventures Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Inventory Turnover
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Silverton Adventures Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Sep22 Sep23
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Silverton Adventures Inventory Turnover Calculation

Silverton Adventures's Inventory Turnover for the fiscal year that ended in Jun. 2013 is calculated as

Inventory Turnover (A: Jun. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2013 ) / ((Total Inventories (A: Jun. 2012 ) + Total Inventories (A: Jun. 2013 )) / count )
=0.097 / ((0 + 0) / 1 )
=0.097 / 0
=N/A

Silverton Adventures's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover (Q: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2023 ) / ((Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Sep. 2023 )) / count )
=0 / ((0 + 0.113) / 1 )
=0 / 0.113
=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.


Silverton Adventures  (OTCPK:SVAD) 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.

Silverton Adventures's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=0.113/0*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.

Silverton Adventures's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0.113 / 0.023
=4.91

* 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.


Silverton Adventures Inventory Turnover Related Terms

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Silverton Adventures (Silverton Adventures) Business Description

Traded in Other Exchanges
N/A
Address
31 Hung To Road, Room 1302, 13/F, Billion Trade Centre, Ngau Tau Kok, Kowloon, Hong Kong, HKG
Silverton Adventures Inc is a Shell company.

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