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MedBright AI Investments (XCNQ:MBAI) Inventory Turnover : 0.00 (As of Nov. 2024)


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What is MedBright AI Investments 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. MedBright AI Investments's Cost of Goods Sold for the three months ended in Nov. 2024 was C$0.00 Mil. MedBright AI Investments's Average Total Inventories for the quarter that ended in Nov. 2024 was C$0.00 Mil.

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.


MedBright AI Investments Inventory Turnover Historical Data

The historical data trend for MedBright AI Investments'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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MedBright AI Investments Inventory Turnover Chart

MedBright AI Investments Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Inventory Turnover
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MedBright AI Investments Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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MedBright AI Investments Inventory Turnover Calculation

MedBright AI Investments's Inventory Turnover for the fiscal year that ended in Feb. 2024 is calculated as

Inventory Turnover (A: Feb. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Feb. 2024 ) / ((Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

MedBright AI Investments's Inventory Turnover for the quarter that ended in Nov. 2024 is calculated as

Inventory Turnover (Q: Nov. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Nov. 2024 ) / ((Total Inventories (Q: Aug. 2024 ) + Total Inventories (Q: Nov. 2024 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 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.


MedBright AI Investments  (XCNQ:MBAI) 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.

MedBright AI Investments's Days Inventory for the three months ended in Nov. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Nov. 2024 )/Cost of Goods Sold (Q: Nov. 2024 )*Days in Period
=0/0*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.

MedBright AI Investments's Inventory to Revenue for the quarter that ended in Nov. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2024 ) / Revenue (Q: Nov. 2024 )
=0 / 0
=

* 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.


MedBright AI Investments Inventory Turnover Related Terms

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MedBright AI Investments Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
MedBright AI Investments Inc is a capital allocator focusing on investing in healthcare technology companies.

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