GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » SIQ Mountain Industries Inc (TSXV:SIQ.H) » Definitions » Inventory Turnover

SIQ Mountain Industries (TSXV:SIQ.H) Inventory Turnover : 0.00 (As of Feb. 2024)


View and export this data going back to 2017. Start your Free Trial

What is SIQ Mountain Industries 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. SIQ Mountain Industries's Cost of Goods Sold for the three months ended in Feb. 2024 was C$0.00 Mil. SIQ Mountain Industries's Average Total Inventories for the quarter that ended in Feb. 2024 was C$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.

SIQ Mountain Industries Inventory Turnover Historical Data

The historical data trend for SIQ Mountain Industries'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.

* Premium members only.

SIQ Mountain Industries Inventory Turnover Chart

SIQ Mountain Industries Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Inventory Turnover
Get a 7-Day Free Trial - - - - -

SIQ Mountain Industries Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

SIQ Mountain Industries Inventory Turnover Calculation

SIQ Mountain Industries's Inventory Turnover for the fiscal year that ended in Aug. 2022 is calculated as

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

SIQ Mountain Industries's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

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

* 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.

SIQ Mountain Industries  (TSXV:SIQ.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.

SIQ Mountain Industries's Days Inventory for the three months ended in Feb. 2024 is calculated as:

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

SIQ Mountain Industries's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

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

* 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.

SIQ Mountain Industries Inventory Turnover Related Terms

Thank you for viewing the detailed overview of SIQ Mountain Industries's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

SIQ Mountain Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » SIQ Mountain Industries Inc (TSXV:SIQ.H) » Definitions » Inventory Turnover
Comparable Companies
TSXV:SN.H ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI HKSE:00267 TSE:8002 TSE:8053 TSE:4901 HKSE:00001 TSE:8015 TSE:6971 BSP:ITSA3 MEX:GCARSOA1 TSE:6502 MIL:PST
Traded in Other Exchanges
N/A
Address
13966 18B Avenue, South Surrey, BC, CAN, V4A 8J1
Website
http://www.siqmountain.com
SIQ Mountain Industries Inc is an early stage development organization focused on the design, engineering, marketing, production and distribution of various proprietary outdoor sports entertainment products. The company offers equipment, apparels accessories which include SiQride, efoil, hoodies, SiQ logo stickers among others.

SIQ Mountain Industries Headlines

No Headlines