JIVA Technologies (XCNQ:JIVA) Inventory Turnover : 19.11 (As of Dec. 2024)

View and export this data going back to 2020. Start your Free Trial

What is JIVA 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. JIVA Technologies's Cost of Goods Sold for the three months ended in Dec. 2024 was C$0.34 Mil. JIVA Technologies's Average Total Inventories for the quarter that ended in Dec. 2024 was C$0.02 Mil. JIVA Technologies's Inventory Turnover for the quarter that ended in Dec. 2024 was 19.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. JIVA Technologies's Days Inventory for the three months ended in Dec. 2024 was 4.77.

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. JIVA Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.02.

JIVA Technologies Inventory Turnover Historical Data

The historical data trend for JIVA 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.

* Premium members only.

JIVA Technologies Inventory Turnover Chart

JIVA Technologies Annual Data

Trend

Jul19

Jul20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

17.66

13.45

8.86

9.96

JIVA Technologies Quarterly Data
	Jul19	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial														3.04	-4.36	20.17	25.40	19.11

JIVA Technologies Inventory Turnover Calculation

JIVA Technologies's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	3.898	/ (	(0.765	+	0.018)	/	2 )
=	3.898	/	0.3915
=	9.96

JIVA Technologies'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 )
=	0.344	/ (	(0.011	+	0.025)	/	2 )
=	0.344	/	0.018
=	19.11

JIVA Technologies (XCNQ:JIVA) 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.

JIVA Technologies'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
	=	0.018	/	0.344	*	365 / 4
	=	4.77

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.

JIVA Technologies'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 )
	=	0.018	/	0.88
	=	0.02

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.

JIVA Technologies Inventory Turnover Related Terms

Thank you for viewing the detailed overview of JIVA Technologies's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

JIVA Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » JIVA Technologies Inc (XCNQ:JIVA) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

PLTXF:USA WNT0:Germany

Address

1861 Mamquam Road, Squamish, BC, CAN, V8B 0H5

Website

https://www.plantx.com

JIVA Technologies Inc is engaged in building niche online wellness communities and creating immersive physical environments. It owns and operates Bloombox Club, an online plant delivery marketplace serving the United States, Germany, the United Kingdom, Austria, the Republic of Ireland, France, Spain, and Italy. The company is actively pursuing joint ventures to empower wellness brands online by building their websites and managing all digital marketing.

Executives

Cay Innovations Limited	10% Security Holder
Lorne Rapkin	Director, Senior Officer
Frederic Leigh	Director, Senior Officer
John Gilbert	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Katie Gilbert	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

JIVA Technologies Headlines

No Headlines