TOWTF (Tower One Wireless) Inventory Turnover: 0.00 (As of Sep. 2022)

What is Tower One Wireless Inventory Turnover?

Tower One Wireless TOWTF -99.98% Inventory Turnover is 0.00 as of Sep. 2022.

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. Tower One Wireless's Cost of Goods Sold for the three months ended in Sep. 2022 was $2.71 Mil. Tower One Wireless's Average Total Inventories for the quarter that ended in Sep. 2022 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tower One Wireless's Days Inventory for the three months ended in Sep. 2022 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. Tower One Wireless's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 0.00.

Tower One Wireless (OTCPK:TOWTF) 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.

Tower One Wireless's Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2022 )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
	=	0	/	2.706	*	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.

Tower One Wireless's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	0	/	6.94
	=	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.

Tower One Wireless Inventory Turnover Related Terms

Tower One Wireless Inventory Turnover Historical Data

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The historical data trend for Tower One Wireless's Inventory Turnover can be seen below:

Tower One Wireless Inventory Turnover Chart

Tower One Wireless Annual Data

Trend

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Inventory Turnover

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0.00

Tower One Wireless Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Inventory Turnover	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

Tower One Wireless Inventory Turnover Calculation

Tower One Wireless's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	4.895	/ (	(0	+	0)	/	1 )
=	4.895	/	0
=	N/A

Tower One Wireless's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

	Inventory Turnover (Q: Sep. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2022 )	/ (	(Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Sep. 2022 ))	/	count )
=	2.706	/ (	(0	+	0)	/	1 )
=	2.706	/	0
=	N/A

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.00 mean?

Tower One Wireless (TOWTF) has a Inventory Turnover of 0.00 as of Sep. 2022. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Tower One Wireless and its competitors.

Is Tower One Wireless' Inventory Turnover too high?

Tower One Wireless' current Inventory Turnover is 0.00.

How does Tower One Wireless' Inventory Turnover compare to VZ and CMCSA?

Tower One Wireless' 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 Tower One Wireless and its competitors. Tower One Wireless'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 Tower One Wireless stock overvalued right now?

Tower One Wireless (TOWTF) 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 Tower One Wireless (TOWTF), the current Inventory Turnover is 0.00 as of Sep. 2022. 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.

Tower One Wireless Business Description

Industry Communication Services Telecommunication Services

Comparable Companies XCNQ:ADMT XCNQ:RVR TSXV:ADYA TSXV:USS TSXV:GOK TSXV:VMY.H VZ CMCSA TMUS T HKSE:00941 TSE:9432 XTER:DTE CHTR TSE:9433 MEX:AMXA ADX:ETISALAT TSE:9984 SAU:7010 TSE:9434

Address 535 Howe Street, Suite 600, Vancouver, BC, CAN, V6C 2Z4

Website https://www.toweronewireless.com

Tower One Wireless Corp is a Canada-based company that is a tower owner, operator, and developer of multitenant communications structures. Its primary business is leasing space on communication sites to mobile network operators. The company's geographical segments include Argentina, Colombia, Mexico, the United States of America, and others. It derives a majority of revenue from Colombia. Tower-related services include site acquisition, zoning and permitting, structural analysis, and construction, which supports the company's site leasing business, including the addition of new tenants and equipment on its sites.