Tufin Software Technologies (Tufin Software Technologies) Inventory Turnover : 0.00 (As of Jun. 2022)

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What is Tufin Software Technologies 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. Tufin Software Technologies's Cost of Goods Sold for the three months ended in Jun. 2022 was $6.2 Mil. Tufin Software Technologies's Average Total Inventories for the quarter that ended in Jun. 2022 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tufin Software Technologies's Days Inventory for the three months ended in Jun. 2022 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. Tufin Software Technologies's Inventory-to-Revenue for the quarter that ended in Jun. 2022 was 0.00.

Tufin Software Technologies Inventory Turnover Historical Data

The historical data trend for Tufin Software Technologies'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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Tufin Software Technologies Inventory Turnover Chart

Tufin Software Technologies Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

Tufin Software Technologies Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Inventory Turnover	Get a 7-Day Free Trial														-	-	-	-	-

Tufin Software Technologies Inventory Turnover Calculation

Tufin Software Technologies's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	23.112	/ (	(0	+	0)	/	1 )
=	23.112	/	0
=	N/A

Tufin Software Technologies's Inventory Turnover for the quarter that ended in Jun. 2022 is calculated as

	Inventory Turnover (Q: Jun. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2022 )	/ (	(Total Inventories (Q: Mar. 2022 )	+	Total Inventories (Q: Jun. 2022 ))	/	count )
=	6.231	/ (	(0	+	0)	/	1 )
=	6.231	/	0
=	N/A

Tufin Software Technologies (NYSE:TUFN) 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.

Tufin Software Technologies's Days Inventory for the three months ended in Jun. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2022 )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
	=	0	/	6.231	*	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.

Tufin Software Technologies's Inventory to Revenue for the quarter that ended in Jun. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2022 )	/	Revenue (Q: Jun. 2022 )
	=	0	/	29.505
	=	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.

Tufin Software Technologies Inventory Turnover Related Terms

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Tufin Software Technologies (Tufin Software Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tufin Software Technologies Ltd (NYSE:TUFN) » Definitions » Inventory Turnover

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Address

5 HaShalom Road, ToHa Tower, Tel Aviv, ISR, 6789205

Website

https://www.tufin.com

Tufin Software Technologies Ltd develops, markets, and sells software-based solutions that help organizations visualize, define and enforce a unified security policy across complex, heterogeneous network environments. Its solutions increase business agility, eliminate errors from manual processes, and ensure continuous compliance through a single console. The company's sales of products and services worldwide are made through a global network of distributors and resellers, which sell the products and services to their end-user customers. It derives revenues from licensing of software, sales of hardware, providing maintenance and technical support, and sales of professional services.