Verb Technology Co (Verb Technology Co) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Verb Technology Co 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. Verb Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.01 Mil. Verb Technology Co's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Verb Technology Co's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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. Verb Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Verb Technology Co Inventory Turnover Historical Data

The historical data trend for Verb Technology Co'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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Verb Technology Co Inventory Turnover Chart

Verb Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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47.28

70.09

145.29

0.11

Verb Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Verb Technology Co Inventory Turnover Calculation

Verb Technology Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	0.019	/ (	(0	+	0)	/	1 )
=	0.019	/	0
=	N/A

Verb Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0.005	/ (	(0	+	0)	/	1 )
=	0.005	/	0
=	N/A

Verb Technology Co (NAS:VERB) 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.

Verb Technology Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0	/	0.005	*	365 / 4
	=	0.00

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.

Verb Technology Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0	/	0.007
	=	0.00

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.

Verb Technology Co Inventory Turnover Related Terms

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Verb Technology Co (Verb Technology Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Verb Technology Co Inc (NAS:VERB) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

3401 North Thanksgiving Way, Suite 240, Lehi, UT, USA, 84043

Website

https://www.verb.tech

Verb Technology Co Inc leader in interactive video-based sales applications, transforms how businesses attract and engage customers. VERB's Software-as-a-Service platform, based on its proprietary interactive video technology, comprises a suite of easy-to-use, subscription-based sales enablement software products. Available in over 60 countries and in mobile and desktop versions, it includes verbLIVE an interactive livestream eCommerce, shoppable video and webinar, verbCRM a customer relationship management, verbTEAMS a self on-boarding version of verbCRM with built-in verbLIVE and salesforce synchronization for small businesses, verbLEARN a learning management system, and verbMAIL an interactive video mail solution integrated into Microsoft Outlook, among others.

Executives

Bill John Rivard	officer: Interim CFO	3401 NORTH THANKSGIVING WAY,, SUITE 240, LEHI UT 84043
Edmund C. Moy	director	130 ANDOVER PARK EAST SUITE 200, SEATTLE WA 98188
Salman Hassan Khan	officer: Interim CFO	25651 BIRCHLEAF CT, VALENCIA CA 91381
Julie Ann Holdren	officer: Chief Product Officer	PO BOX 48, MT VERNON VA 22121
Mitchell Duane Bledsoe	officer: Chief Information Officer	25992 SERENATA DR., MISSION VIEJO CA 92691
Jeff Clayborne	officer: Chief Financial Officer	2644 GREENFIELD AVENUE, LOS ANGELES CA 90064
Kenneth S Cragun	director	3775 CHIPPEWA CIRCLE, CORONA CA 92881
Judith Lynne Hammerschmidt	director	3511 CAMBRIDGE ROAD, DURHAM 1W 27707-4509
Nancy R Heinen	director	215 GOLDEN HILLS DRIVE, PORTOLA VALLEY CA 94028
Phillip J. Bond	director	10718 OX CROFT COURT, FAIRFAX STATION VA 22039
James P Geiskopf	director	901 HANCOCK AVENUE, UNIT 308, WEST HOLLYWOOD CA 90069
Rory J. Cutaia	director, 10 percent owner, officer: Pres, Treas, Sec, CEO	1157 NORTH HIGHLAND AVENUE, SUITE C, HOLLYWOOD CA 90038-1204
Michael Timothy Psomas	director	8605 SANTA MONITA BOULEVARD, LOS ANGELAS CA 90069
Peter Krogh Jensen	director	4656 HOSKINS ROAD, NORTH VANCOUVER A1 V7K 2R1
Kim Watson	officer: Exec. VP Strategic Relations	1157 HIGHLAND AVENUE, SUITE C, HOLLYWOOD CA 90038-1204