Techcom (Techcom) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Techcom 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. Techcom's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil. Techcom's Average Total Inventories for the quarter that ended in Mar. 2024 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.

Techcom Inventory Turnover Historical Data

The historical data trend for Techcom'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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Techcom Inventory Turnover Chart

Techcom Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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Techcom Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Techcom Inventory Turnover Calculation

Techcom's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

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

Techcom's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Techcom (OTCPK:TCRI) 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.

Techcom's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	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.

Techcom's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0	/	0
	=

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.

Techcom Inventory Turnover Related Terms

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Techcom (Techcom) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Techcom Inc (OTCPK:TCRI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

919 North Market Street, Suite 950, Wilmington, DE, USA, 19801

Website

http://www.rmdmgroup.com

Techcom Inc is a shell company.

Executives

Munaf Ali	10 percent owner	SKYVIEW RESIDENCES, TOWER 1, APARTMENT 4804, DOWNTOWN C0 000000000
Alphabit, Llc	10 percent owner	SKYVIEW RESIDENCES, TOWER 1, APARTMENT 4804, DOWNTOWN C0 0000000
Seng Yeap Kok	director, 10 percent owner, officer: CEO	BRUMBY CENTRE, LOT 42, JALAN MUHIBBAH, LABUAN, F.T. N8 87000

Techcom (Techcom) Headlines

From GuruFocus

TechCom, Inc. Announces Resignation of International Associate Director & Marketing Officers

By ACCESSWIRE ACCESSWIRE • 01-27-2021

TechCom, Inc. Announces Appointment of International Associate Director & Marketing Officers

By ACCESSWIRE ACCESSWIRE • 07-21-2020