Komo Plant Based Foods (XCNQ:YUM.X) Inventory Turnover : 0.00 (As of Apr. 2024)

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What is Komo Plant Based Foods 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. Komo Plant Based Foods's Cost of Goods Sold for the three months ended in Apr. 2024 was C$0.00 Mil. Komo Plant Based Foods'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.

Komo Plant Based Foods Inventory Turnover Historical Data

The historical data trend for Komo Plant Based Foods'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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Komo Plant Based Foods Inventory Turnover Chart

Komo Plant Based Foods Annual Data

Trend

Dec18

Dec19

Jul20

Jul21

Jul22

Jul23

Inventory Turnover

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1.43

-4.00

Komo Plant Based Foods Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Inventory Turnover	Get a 7-Day Free Trial															-0.81	-	-	-	-

Komo Plant Based Foods Inventory Turnover Calculation

Komo Plant Based Foods's Inventory Turnover for the fiscal year that ended in Jul. 2023 is calculated as

	Inventory Turnover (A: Jul. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2023 )	/ (	(Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )
=	0	/ (	(0.092	+	0)	/	1 )
=	0	/	0.092
=	0.00

Komo Plant Based Foods'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

Komo Plant Based Foods (XCNQ:YUM.X) 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.

Komo Plant Based Foods'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.

Komo Plant Based Foods'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.

Komo Plant Based Foods Inventory Turnover Related Terms

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Komo Plant Based Foods Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Komo Plant Based Foods Inc (XCNQ:YUM.X) » Definitions » Inventory Turnover

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KOMOF:USA

Address

1489 Marine Drive, Suite 127, Vancouver, BC, CAN, V7T 1B8

Website

https://www.komocomfortfoods.com

Komo Plant Based Foods Inc is a plant-based food company that develops, manufactures, markets and sells a variety of plant-based frozen meals. Its plant-based innovation, development team recreate vegan versions of traditionally cheesy, meaty classics. Komo's products are sold direct-to-consumer through its eCommerce site and distribution network of online and brick and mortar grocery, convenience and natural retailer channels. The Company's geographical revenue is generated in the western provinces of Canada.

Executives

William Charles White	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Angelo Roshanthan Rajasooriar	Director
Penny Olga White	10% Security Holder

Komo Plant Based Foods Headlines

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