Creatd (Creatd) Inventory Turnover : 2.55 (As of Sep. 2023)

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What is Creatd 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. Creatd's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.36 Mil. Creatd's Average Total Inventories for the quarter that ended in Sep. 2023 was $0.14 Mil. Creatd's Inventory Turnover for the quarter that ended in Sep. 2023 was 2.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Creatd's Days Inventory for the three months ended in Sep. 2023 was 35.74.

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. Creatd's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.32.

Creatd Inventory Turnover Historical Data

The historical data trend for Creatd'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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Creatd Inventory Turnover Chart

Creatd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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50.00

23.91

Creatd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															2.15	2.08	3.07	2.05	2.55

Creatd Inventory Turnover Calculation

Creatd's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	6.109	/ (	(0.106	+	0.405)	/	2 )
=	6.109	/	0.2555
=	23.91

Creatd's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	0.36	/ (	(0.17	+	0.112)	/	2 )
=	0.36	/	0.141
=	2.55

Creatd (OTCPK:CRTD) 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.

Creatd's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0.141	/	0.36	*	365 / 4
	=	35.74

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.

Creatd's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0.141	/	0.438
	=	0.32

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.

Creatd Inventory Turnover Related Terms

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Creatd (Creatd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Creatd Inc (OTCPK:CRTD) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

419 Lafayette Street, 6th Floor, New York, NY, USA, 10003

Website

https://www.creatd.com

Jerrick Media Holdings Inc is a technology and digital media company. It develops and markets branded digital content and e-commerce properties. It is also produces and distributes premium digital media across multiple platforms for targeted demographics.

Executives

Jeremy Frommer	director, officer: Chief Executive Officer	202 S. DEAN STREET, ENGLEWOOD NJ 07631
Justin Fontaine Maury	officer: President	75 STERLING BLVD APT. 543, ENGLEWOOD NJ 07631
Chelsea Pullano	officer: CHIEF FINANCIAL OFFICER	C/O JERRICK MEDIA HOLDINGS, INC., 2050 CENTER AVENUE, SUITE 640, FORT LEE NJ 07024
Laurie Weisberg	director	C/O JERRICK MEDIA HOLDINGS, INC., 2050 CENTER AVENUE, SUITE 640, FORT LEE NJ 07024
Bradford Justus	director	224 ROBIN WAY, MENLO PARK CA 94025
Lorraine Hendrickson	director	718 INLET WATERS CIRCLE, JUPITER FL 33477
Joanna Bloor	director	4343 SEQUOYAH ROAD, OAKLAND CA 94605
Eric Ellis Goldberg	10 percent owner	PO BOX 580, AQUEBOGUE NY 11931
Leonard M Schiller	director
Mark Richard Patterson	director	C/O JERRICK MEDIA HOLDINGS INC., 2050 CENTER AVENUE, SUITE 640, FORT LEE NJ 07024
Labrena Martin	director	2050 CENTER AVENUE, SUITE 640, FORT LEE NJ 07024
Mark Standish	director	C/O JERRICK MEDIA HOLDINGS, INC., 2050 CENTER AVENUE, SUITE 640, FORT LEE NJ 07024
Arthur Rosen	10 percent owner	50 RIVERSIDE BLVD., APT. 20B, NEW YORK NY 10069
Andrew Fleming Taffin	director	32 RIDGEVIEW AVENUE, ATLANTIC HIGHLANDS NJ 07716
Rick Schwartz	officer: President	202 S. DEAN STREET, ENGLEWOOD NJ 07631