VSBLTY Groupe Technologies (VSBLTY Groupe Technologies) Inventory Turnover : 7.53 (As of Sep. 2023)

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What is VSBLTY Groupe 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. VSBLTY Groupe Technologies's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.35 Mil. VSBLTY Groupe Technologies's Average Total Inventories for the quarter that ended in Sep. 2023 was $0.05 Mil. VSBLTY Groupe Technologies's Inventory Turnover for the quarter that ended in Sep. 2023 was 7.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. VSBLTY Groupe Technologies's Days Inventory for the three months ended in Sep. 2023 was 12.12.

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. VSBLTY Groupe Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.33.

VSBLTY Groupe Technologies Inventory Turnover Historical Data

The historical data trend for VSBLTY Groupe 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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VSBLTY Groupe Technologies Inventory Turnover Chart

VSBLTY Groupe Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

8.07

23.84

VSBLTY Groupe Technologies Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															2.88	-	-3.64	10.36	7.53

VSBLTY Groupe Technologies Inventory Turnover Calculation

VSBLTY Groupe Technologies's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	2.646	/ (	(0.177	+	0.045)	/	2 )
=	2.646	/	0.111
=	23.84

VSBLTY Groupe Technologies's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	0.35	/ (	(0.045	+	0.048)	/	2 )
=	0.35	/	0.0465
=	7.53

VSBLTY Groupe Technologies (OTCPK:VSBGF) 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.

VSBLTY Groupe Technologies's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0.0465	/	0.35	*	365 / 4
	=	12.12

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.

VSBLTY Groupe Technologies's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0.0465	/	0.141
	=	0.33

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.

VSBLTY Groupe Technologies Inventory Turnover Related Terms

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VSBLTY Groupe Technologies (VSBLTY Groupe Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » VSBLTY Groupe Technologies Corp (OTCPK:VSBGF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

5VS0:Germany VSBY:Canada

Address

595 Howe Street, Suite 206, Vancouver, BC, CAN, V6C 2T5

Website

https://www.digicann.io

VSBLTY Groupe Technologies Corp is a leader in proactive digital display, which transforms retail and public spaces as well as place-based media networks with SaaS-based audience measurement and security software that uses artificial intelligence and machine learning.