UBQU (Ubiquitech Software) Inventory Turnover: 0.34 (As of Aug. 2023)


What is Ubiquitech Software Inventory Turnover?

Ubiquitech Software UBQU -95.00% Inventory Turnover is 0.34 as of Aug. 2023.

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. Ubiquitech Software's Cost of Goods Sold for the three months ended in Aug. 2023 was $0.03 Mil. Ubiquitech Software's Average Total Inventories for the quarter that ended in Aug. 2023 was $0.09 Mil. Ubiquitech Software's Inventory Turnover for the quarter that ended in Aug. 2023 was 0.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ubiquitech Software's Days Inventory for the three months ended in Aug. 2023 was 264.63.

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. Ubiquitech Software's Inventory-to-Revenue for the quarter that ended in Aug. 2023 was 2.07.

Ubiquitech Software  (OTCPK:UBQU) 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.

Ubiquitech Software's Days Inventory for the three months ended in Aug. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Aug. 2023 )/Cost of Goods Sold (Q: Aug. 2023 )*Days in Period
=0.087/0.03*365 / 4
=264.63

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.

Ubiquitech Software's Inventory to Revenue for the quarter that ended in Aug. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2023 ) / Revenue (Q: Aug. 2023 )
=0.087 / 0.042
=2.07

* 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.

Ubiquitech Software Inventory Turnover Related Terms

Ubiquitech Software Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Ubiquitech Software'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.

Ubiquitech Software Inventory Turnover Chart

Ubiquitech Software Annual Data
Trend Aug08
Inventory Turnover
0.00

Ubiquitech Software Quarterly Data
Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug22 Aug23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.34

Ubiquitech Software Inventory Turnover Calculation

Ubiquitech Software's Inventory Turnover for the fiscal year that ended in Aug. 2008 is calculated as

Inventory Turnover (A: Aug. 2008 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Aug. 2008 ) / ((Total Inventories (A: . 20 ) + Total Inventories (A: Aug. 2008 )) / count )
=0 / (( + 0) / 1 )
=0 / 0
=N/A

Ubiquitech Software's Inventory Turnover for the quarter that ended in Aug. 2023 is calculated as

Inventory Turnover (Q: Aug. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Aug. 2023 ) / ((Total Inventories (Q: Aug. 2022 ) + Total Inventories (Q: Aug. 2023 )) / count )
=0.03 / ((0 + 0.087) / 1 )
=0.03 / 0.087
=0.34

* 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 0.34 mean?
Ubiquitech Software (UBQU) has a Inventory Turnover of 0.34 as of Aug. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Ubiquitech Software and its competitors.
Is Ubiquitech Software's Inventory Turnover too high?
Ubiquitech Software's current Inventory Turnover is 0.34.
How does Ubiquitech Software's Inventory Turnover compare to ZTS?
Ubiquitech Software's Inventory Turnover of 0.34 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Inventory Turnover depends on the Drug Manufacturers 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 Ubiquitech Software and its competitors. Ubiquitech Software's current Inventory Turnover is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ubiquitech Software stock overvalued right now?
Ubiquitech Software (UBQU) has a current Inventory Turnover of 0.34. The current Inventory Turnover is 0.34. 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 Ubiquitech Software (UBQU), the current Inventory Turnover is 0.34 as of Aug. 2023. 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.

Ubiquitech Software Business Description

Address 3570 East 12th Avenue, Denver, CO, USA, 80206
Ubiquitech Software Corp is a United States-based multi-media, multi-faceted company. It is engaged in utilizing world-wide internet marketing, direct response television, radio, and traditional marketing to drive traffic to the new industries. The company also focuses on developing Cannabidiol (CBD) Hemp derived products. It owns the proprietary CBD brand CannazALL. The company offers the products through its internally designed and operated web portal.