Athena Bitcoin Global (Athena Bitcoin Global) Inventory Turnover : 0.00 (As of Sep. 2023)

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What is Athena Bitcoin Global 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. Athena Bitcoin Global's Cost of Goods Sold for the three months ended in Sep. 2023 was $55.81 Mil. Athena Bitcoin Global's Average Total Inventories for the quarter that ended in Sep. 2023 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Athena Bitcoin Global's Days Inventory for the three months ended in Sep. 2023 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. Athena Bitcoin Global's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Athena Bitcoin Global Inventory Turnover Historical Data

The historical data trend for Athena Bitcoin Global'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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Athena Bitcoin Global Inventory Turnover Chart

Athena Bitcoin Global Annual Data

Trend

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Inventory Turnover

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Athena Bitcoin Global Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Sep22	Sep23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Athena Bitcoin Global Inventory Turnover Calculation

Athena Bitcoin Global's Inventory Turnover for the fiscal year that ended in Dec. 2013 is calculated as

	Inventory Turnover (A: Dec. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2013 )	/ (	(Total Inventories (A: Dec. 2012 )	+	Total Inventories (A: Dec. 2013 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Athena Bitcoin Global'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: Sep. 2022 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	55.813	/ (	(0	+	0)	/	1 )
=	55.813	/	0
=	N/A

Athena Bitcoin Global (OTCPK:ABIT) 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.

Athena Bitcoin Global'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	/	55.813	*	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.

Athena Bitcoin Global'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	/	65.646
	=	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.

Athena Bitcoin Global Inventory Turnover Related Terms

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Athena Bitcoin Global (Athena Bitcoin Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Athena Bitcoin Global (OTCPK:ABIT) » Definitions » Inventory Turnover

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Address

1332 N Halsted Street, Suite 403, Chicago, IL, USA, 60642

Website

https://www.athenabitcoin.com

Athena Bitcoin Global is engaged in the cryptocurrency business. The company operates Bitcoin and other crypto ATMs throughout North and South America.

Athena Bitcoin Global (Athena Bitcoin Global) Headlines

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