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Tech Robotics (WAR:TCR) Inventory Turnover : -0.04 (As of Dec. 2024)


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What is Tech Robotics 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. Tech Robotics's Cost of Goods Sold for the three months ended in Dec. 2024 was zł-0.01 Mil. Tech Robotics's Average Total Inventories for the quarter that ended in Dec. 2024 was zł0.16 Mil. Tech Robotics's Inventory Turnover for the quarter that ended in Dec. 2024 was -0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. Tech Robotics's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 27.42.

Tech Robotics Inventory Turnover Historical Data

The historical data trend for Tech Robotics'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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Tech Robotics Inventory Turnover Chart

Tech Robotics Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Inventory Turnover
-0.32 -0.18 0.29 -0.58

Tech Robotics Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Inventory Turnover Get a 7-Day Free Trial - 0.23 -0.11 -0.36 -0.04

Tech Robotics Inventory Turnover Calculation

Tech Robotics'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 )
=-0.177 / ((0.563 + 0.051) / 2 )
=-0.177 / 0.307
=-0.58

Tech Robotics'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: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=-0.006 / ((0.278 + 0.051) / 2 )
=-0.006 / 0.1645
=-0.04

* 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.

Tech Robotics  (WAR:TCR) 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.

Tech Robotics's Days Inventory for the three 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
=0.1645/-0.006*365 / 4
=

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.

Tech Robotics'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 )
=0.1645 / 0.006
=27.42

* 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.

Tech Robotics Inventory Turnover Related Terms

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Tech Robotics Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tech Robotics SA (WAR:TCR) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
ul. Dzika 15/13, Warszawa, POL, 00-172
Website
https://nogravitydevelopment.com
Tech Robotics SA formerly No Gravity Development SA operates as an independent development studio created by the listed computer game publisher No Gravity Games SA. It specializes mainly in porting (transferring from one hardware platform to another) games while maintaining the highest quality standards, with particular emphasis on console platforms, i.e. Nintendo Switch, Xbox One, Xbox Series, PlayStation 4, and PlayStation 5.

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