Global UAV Technologies (XCNQ:UAV) Inventory Turnover : 0.00 (As of Apr. 2024)

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What is Global UAV 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. Global UAV Technologies's Cost of Goods Sold for the three months ended in Apr. 2024 was C$0.00 Mil. Global UAV Technologies's Average Total Inventories for the quarter that ended in Apr. 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.

Global UAV Technologies Inventory Turnover Historical Data

The historical data trend for Global UAV 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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Global UAV Technologies Inventory Turnover Chart

Global UAV Technologies Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Inventory Turnover

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37.14

Global UAV Technologies Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Global UAV Technologies Inventory Turnover Calculation

Global UAV Technologies's Inventory Turnover for the fiscal year that ended in Oct. 2023 is calculated as

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

Global UAV Technologies's Inventory Turnover for the quarter that ended in Apr. 2024 is calculated as

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

Global UAV Technologies (XCNQ:UAV) 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.

Global UAV Technologies's Days Inventory for the three months ended in Apr. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Apr. 2024 )	/	Cost of Goods Sold (Q: Apr. 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.

Global UAV Technologies's Inventory to Revenue for the quarter that ended in Apr. 2024 is calculated as

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

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.

Global UAV Technologies Inventory Turnover Related Terms

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Global UAV Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Global UAV Technologies Ltd (XCNQ:UAV) » Definitions » Inventory Turnover

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Traded in Other Exchanges

YAB:Germany

Address

488 - 1090 West Georgia Street, Vancouver, BC, CAN, V6E 3V7

Website

https://www.globaluavtech.com

Global UAV Technologies Ltd is a diversified, vertically integrated drone technology company within the commercial Unmanned Aerial Vehicle (UAV) sector. Through its subsidiaries, Pioneer Aerial Surveys Ltd, High Eye Aerial Imaging Inc, UAV Regulatory Services Inc, and NOVAerial Robotics Inc, it provides a full spectrum of UAV-based services and products including drone research and development and manufacturing, flight services, and regulatory compliance.

Executives

James Rogers	Director
Andrew Male	Director