Worldwide Strategies (Worldwide Strategies) Inventory Turnover : 0.00 (As of Apr. 2023)

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What is Worldwide Strategies 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. Worldwide Strategies's Cost of Goods Sold for the three months ended in Apr. 2023 was $0.02 Mil. Worldwide Strategies's Average Total Inventories for the quarter that ended in Apr. 2023 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Worldwide Strategies's Days Inventory for the three months ended in Apr. 2023 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. Worldwide Strategies's Inventory-to-Revenue for the quarter that ended in Apr. 2023 was 0.00.

Worldwide Strategies Inventory Turnover Historical Data

The historical data trend for Worldwide Strategies'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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Worldwide Strategies Inventory Turnover Chart

Worldwide Strategies Annual Data

Trend

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Inventory Turnover

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Worldwide Strategies Quarterly Data
	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Worldwide Strategies Inventory Turnover Calculation

Worldwide Strategies's Inventory Turnover for the fiscal year that ended in Jul. 2022 is calculated as

	Inventory Turnover (A: Jul. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2022 )	/ (	(Total Inventories (A: Jul. 2021 )	+	Total Inventories (A: Jul. 2022 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Worldwide Strategies's Inventory Turnover for the quarter that ended in Apr. 2023 is calculated as

	Inventory Turnover (Q: Apr. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Apr. 2023 )	/ (	(Total Inventories (Q: Jan. 2023 )	+	Total Inventories (Q: Apr. 2023 ))	/	count )
=	0.022	/ (	(0	+	0)	/	1 )
=	0.022	/	0
=	N/A

Worldwide Strategies (OTCPK:WWSG) 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.

Worldwide Strategies's Days Inventory for the three months ended in Apr. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Apr. 2023 )	/	Cost of Goods Sold (Q: Apr. 2023 )	*	Days in Period
	=	0	/	0.022	*	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.

Worldwide Strategies's Inventory to Revenue for the quarter that ended in Apr. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2023 )	/	Revenue (Q: Apr. 2023 )
	=	0	/	0.01
	=	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.

Worldwide Strategies Inventory Turnover Related Terms

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Worldwide Strategies (Worldwide Strategies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Worldwide Strategies Inc (OTCPK:WWSG) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1961 NW 150 Avenue, Suite 205, Pembroke Pines, FL, USA, 33208

Website

http://www.worldwide-strategies.com

Worldwide Strategies Inc is a shell company.

Executives

Thomas Edward Mccabe	officer: Chief Financial Officer	10108 S HUDSON AVE, TULSA OK 74137
Gregory L Kinney	director	2107 GEDDES RD, ROCKFORD IL 61103
James Bradley Crelia	10 percent owner	8125 RIVIERA BEACH DR, LAS VEGAS NV 89128
Donald A Christensen	director
James P Samuels	director, 10 percent owner, officer: CEO	3801 E FLORIDA AVE, #400, DENVER CO 80210
Edward J Weisberg	director	18 WHISPERING PINE ROAD, SUDBURY MA 01776
Frank J Deleo	director	1517 TENNISON PARKWAY, COLLEYVILLE TX 76034
W. Earl Somerville	director, officer: CFO	3801 E. FLORIDA AVE. SUITE 400, DENVER CO 80210
Robert T Kane	director	3620 MAIN STREET, MUNHALL PA 15120

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