Smartwell Technology (TSXV:SMWE) Inventory Turnover: 0.00 (As of Dec. 2024)

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TSXV:SMWE Smartwell Technology Inc TSXV:SMWE
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What is Smartwell Technology Inventory Turnover?

Smartwell Technology TSXV:SMWE 8 Inventory Turnover is 0.00 as of Dec. 2024. GuruFocus rates TSXV:SMWE with a GF Score™ of 8/100.

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. Smartwell Technology's Cost of Goods Sold for the six months ended in Dec. 2024 was C$0.38 Mil. Smartwell Technology's Average Total Inventories for the quarter that ended in Dec. 2024 was C$0.00 Mil.

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


Smartwell Technology  (TSXV:SMWE) 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.

Smartwell Technology's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=0/0.375*365 / 2
=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.

Smartwell Technology's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=0 / 2.478
=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.


Smartwell Technology Inventory Turnover Related Terms


Smartwell Technology Inventory Turnover Historical Data

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The historical data trend for Smartwell Technology'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.

Smartwell Technology Inventory Turnover Chart

Smartwell Technology Annual Data
Trend Dec22 Dec23 Dec24
Inventory Turnover
0.00 0.00 0.00

Smartwell Technology Semi-Annual Data
Dec22 Dec23 Dec24
Inventory Turnover 0.00 0.00 0.00
TSXV:SMWE
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Smartwell Technology Inc TSXV:SMWE
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Smartwell Technology Inventory Turnover Calculation

Smartwell Technology's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=0.375 / ((0 + 0) / 1 )
=0.375 / 0
=N/A

Smartwell Technology's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Dec. 2024 )) / count )
=0.375 / ((0 + 0) / 1 )
=0.375 / 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Smartwell Technology (TSXV:SMWE) has a Inventory Turnover of 0.00 as of Dec. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Smartwell Technology and its competitors.
Is Smartwell Technology's Inventory Turnover too high?
Smartwell Technology's current Inventory Turnover is 0.00. Overall, Smartwell Technology has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Smartwell Technology's Inventory Turnover compare to QH and SHOP?
Smartwell Technology's Inventory Turnover of 0.00 can be compared against companies in the Software 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 Software company?
A good Inventory Turnover depends on the Software 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 Smartwell Technology and its competitors. Smartwell Technology'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 Smartwell Technology stock overvalued right now?
Smartwell Technology (TSXV:SMWE) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Smartwell Technology's overall GF Score™ is 8/100. 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 Smartwell Technology (TSXV:SMWE), the current Inventory Turnover is 0.00 as of Dec. 2024. 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.

Smartwell Technology Business Description

Smartwell Technology Inc is a Canadian company that specializes in the field of smart agriculture. The company's technologies include crop growth models, satellite image recognition algorithms, and machine learning-based optimization. The company offers two main product lines through the Controlled Environment Agriculture (CEA) system, which consists of hardware and software. The hardware includes various sensors deployed in soil, air, and crops and automation control devices within the greenhouse. The software includes the company's proprietary digital twin plant growth models, data analysis and control systems.
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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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