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AMPD Ventures (XCNQ:AMPD) Inventory Turnover : 0.00 (As of Feb. 2023)


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What is AMPD Ventures 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. AMPD Ventures's Cost of Goods Sold for the three months ended in Feb. 2023 was C$0.06 Mil. AMPD Ventures's Average Total Inventories for the quarter that ended in Feb. 2023 was C$0.00 Mil.

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


AMPD Ventures Inventory Turnover Historical Data

The historical data trend for AMPD Ventures'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.

* Premium members only.

AMPD Ventures Inventory Turnover Chart

AMPD Ventures Annual Data
Trend May18 May19 May20 May21
Inventory Turnover
60.93 85.93 - 35.81

AMPD Ventures Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 Aug22 Nov22 Feb23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.57 13.92 5.26 2.95 -

AMPD Ventures Inventory Turnover Calculation

AMPD Ventures's Inventory Turnover for the fiscal year that ended in May. 2021 is calculated as

Inventory Turnover (A: May. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: May. 2021 ) / ((Total Inventories (A: May. 2020 ) + Total Inventories (A: May. 2021 )) / count )
=0.573 / ((0 + 0.016) / 1 )
=0.573 / 0.016
=35.81

AMPD Ventures's Inventory Turnover for the quarter that ended in Feb. 2023 is calculated as

Inventory Turnover (Q: Feb. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2023 ) / ((Total Inventories (Q: Nov. 2022 ) + Total Inventories (Q: Feb. 2023 )) / count )
=0.06 / ((0 + 0) / 1 )
=0.06 / 0
=N/A

* 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.


AMPD Ventures  (XCNQ:AMPD) 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.

AMPD Ventures's Days Inventory for the three months ended in Feb. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2023 )/Cost of Goods Sold (Q: Feb. 2023 )*Days in Period
=0/0.06*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.

AMPD Ventures's Inventory to Revenue for the quarter that ended in Feb. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2023 ) / Revenue (Q: Feb. 2023 )
=0 / 0.489
=0.00

* 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.


AMPD Ventures Inventory Turnover Related Terms

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AMPD Ventures (XCNQ:AMPD) Business Description

Traded in Other Exchanges
Address
577 Great Northern Way, Suite 210, Vancouver, BC, CAN, V5T 1E1
AMPD Ventures Inc is specialized in providing high-performance cloud and compute solutions for low-latency applications including video games and eSports, digital animation and visual effects, and big data collection, analysis, and visualization. Geographically, it derives a majority of revenue from Canada.

AMPD Ventures (XCNQ:AMPD) Headlines

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