NamSys (TSXV:CTZ) Inventory Turnover : 0.00 (As of Apr. 2024)

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What is NamSys 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. NamSys's Cost of Goods Sold for the three months ended in Apr. 2024 was C$0.61 Mil. NamSys's Average Total Inventories for the quarter that ended in Apr. 2024 was C$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NamSys's Days Inventory for the three months ended in Apr. 2024 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. NamSys's Inventory-to-Revenue for the quarter that ended in Apr. 2024 was 0.00.

NamSys Inventory Turnover Historical Data

The historical data trend for NamSys'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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NamSys Inventory Turnover Chart

NamSys Annual Data

Trend

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Inventory Turnover

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NamSys Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

NamSys Inventory Turnover Calculation

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

	Inventory Turnover (A: Oct. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Oct. 2023 )	/ (	(Total Inventories (A: Oct. 2022 )	+	Total Inventories (A: Oct. 2023 ))	/	count )
=	2.44	/ (	(0	+	0)	/	1 )
=	2.44	/	0
=	N/A

NamSys's Inventory Turnover for the quarter that ended in Apr. 2024 is calculated as

	Inventory Turnover (Q: Apr. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Apr. 2024 )	/ (	(Total Inventories (Q: Jan. 2024 )	+	Total Inventories (Q: Apr. 2024 ))	/	count )
=	0.614	/ (	(0	+	0)	/	1 )
=	0.614	/	0
=	N/A

NamSys (TSXV:CTZ) 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.

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

Days Inventory	=	Average Total Inventories (Q: Apr. 2024 )	/	Cost of Goods Sold (Q: Apr. 2024 )	*	Days in Period
	=	0	/	0.614	*	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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2024 )	/	Revenue (Q: Apr. 2024 )
	=	0	/	1.661
	=	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.

NamSys Inventory Turnover Related Terms

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NamSys Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NamSys Inc (TSXV:CTZ) » Definitions » Inventory Turnover

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Traded in Other Exchanges

NMYSF:USA U9S:Germany

Address

120 Adelaide Street West, Office 112 - 25th Floor, Toronto, ON, CAN, M5H 1T1

Website

https://www.namsys.com

NamSys Inc was formed to acquire and manage emerging high technology enterprises with sound business solutions for their customers. The company exclusively offers software solutions for currency management and processing for the banking and merchant industries principally in North America. The company generates its revenue in the form of software license fees, Hosted services, maintenance, product support, and professional services. The majority of the revenue is generated from the United States.

Executives

John Raymond Siemens

10% Security Holder

NamSys Headlines

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