KuuHubb (TSXV:KUU.H) Inventory Turnover : 0.00 (As of Mar. 2023)

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What is KuuHubb 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. KuuHubb's Cost of Goods Sold for the three months ended in Mar. 2023 was C$0.32 Mil. KuuHubb's Average Total Inventories for the quarter that ended in Mar. 2023 was C$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. KuuHubb's Days Inventory for the three months ended in Mar. 2023 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. KuuHubb's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.00.

KuuHubb Inventory Turnover Historical Data

The historical data trend for KuuHubb'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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KuuHubb Inventory Turnover Chart

KuuHubb Annual Data

Trend

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Jun22

Inventory Turnover

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KuuHubb Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

KuuHubb Inventory Turnover Calculation

KuuHubb's Inventory Turnover for the fiscal year that ended in Jun. 2022 is calculated as

	Inventory Turnover (A: Jun. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2022 )	/ (	(Total Inventories (A: Jun. 2021 )	+	Total Inventories (A: Jun. 2022 ))	/	count )
=	1.413	/ (	(0	+	0)	/	1 )
=	1.413	/	0
=	N/A

KuuHubb's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

	Inventory Turnover (Q: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )
=	0.321	/ (	(0	+	0)	/	1 )
=	0.321	/	0
=	N/A

KuuHubb (TSXV:KUU.H) 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.

KuuHubb's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2023 )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
	=	0	/	0.321	*	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.

KuuHubb's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	0	/	0.896
	=	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.

KuuHubb Inventory Turnover Related Terms

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KuuHubb (TSXV:KUU.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » KuuHubb Inc (TSXV:KUU.H) » Definitions » Inventory Turnover

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Address

390 Bay Street, Suite 700A, Toronto, ON, CAN, M5H 2Y2

Website

https://www.kuuhubb.com

KuuHubb Inc. is a mobile game development and publishing company, targeting the female audience with bespoke mobile experiences. It's Mission is to become a top player in the underserved female mobile game space. Through games and partnerships with select developers and consumer brands, KuuHubb explores new lifestyle trends that can be converted into games and apps that will bring value to the user community and shareholders. Some of its games include RECOLOR, RECOLOR BY NUMBERS, MYHOSPITAL, and DANCING DIARIES.

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