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Visionstate (TSXV:VIS) Inventory Turnover : 0.00 (As of Sep. 2024)


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What is Visionstate 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. Visionstate's Cost of Goods Sold for the three months ended in Sep. 2024 was C$0.54 Mil. Visionstate's Average Total Inventories for the quarter that ended in Sep. 2024 was C$0.00 Mil.

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

Visionstate Inventory Turnover Historical Data

The historical data trend for Visionstate'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.

Visionstate Inventory Turnover Chart

Visionstate Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.67 2.42 - -

Visionstate Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Visionstate Inventory Turnover Calculation

Visionstate's Inventory Turnover for the fiscal year that ended in Sep. 2024 is calculated as

Inventory Turnover (A: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2024 ) / ((Total Inventories (A: Sep. 2023 ) + Total Inventories (A: Sep. 2024 )) / count )
=0.647 / ((0 + 0) / 1 )
=0.647 / 0
=N/A

Visionstate's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=0.537 / ((0 + 0) / 1 )
=0.537 / 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.

Visionstate  (TSXV:VIS) 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.

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

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=0/0.537*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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0 / 0.02
=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.

Visionstate Inventory Turnover Related Terms

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Visionstate Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Visionstate Corp (TSXV:VIS) » Definitions » Inventory Turnover
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Traded in Other Exchanges
1VS1:Germany
Address
8634 53 Avenue, Edmonton, AB, CAN, T6E 5G2
Website
https://www.visionstate.com
Visionstate Corp is engaged in interactive electronic business solutions in the form of touchscreen and mobile way-finding and efficiency applications, as well as consulting, graphic and web design, and related services and support. The main focus of the Company is its Visionstate IoT Inc. division. This division is focused on building interactive smart applications into digital display networks that incorporate proprietary facility management software, bundled into a touchscreen computer with integrated computing capacity (WAnDA units) and digital efficiency products. The company is actively marketing these products to large customers such as shopping centres, hospitals, office buildings, airports, schools and other places that require efficiency applications in targeted area.
Executives
Charles Monte Goble 10% Security Holder
Angel Valov Director
James Duke Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Nedyalko Dimitrov Director
John Putters Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Randa Kachkar Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer