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Cyberlux (Cyberlux) Inventory Turnover : 16.30 (As of Sep. 2021)


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What is Cyberlux 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. Cyberlux's Cost of Goods Sold for the three months ended in Sep. 2021 was $1.60 Mil. Cyberlux's Average Total Inventories for the quarter that ended in Sep. 2021 was $0.10 Mil. Cyberlux's Inventory Turnover for the quarter that ended in Sep. 2021 was 16.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cyberlux's Days Inventory for the three months ended in Sep. 2021 was 5.60.

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. Cyberlux's Inventory-to-Revenue for the quarter that ended in Sep. 2021 was 0.04.


Cyberlux Inventory Turnover Historical Data

The historical data trend for Cyberlux'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.

Cyberlux Inventory Turnover Chart

Cyberlux Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec18 Dec19 Dec20
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.87 2.47 8.41 - -0.22

Cyberlux Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.22 - 2.53 16.30

Cyberlux Inventory Turnover Calculation

Cyberlux's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Inventory Turnover (A: Dec. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2020 ) / ((Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count )
=-0.017 / ((0.079 + 0.079) / 2 )
=-0.017 / 0.079
=-0.22

Cyberlux's Inventory Turnover for the quarter that ended in Sep. 2021 is calculated as

Inventory Turnover (Q: Sep. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2021 ) / ((Total Inventories (Q: Jun. 2021 ) + Total Inventories (Q: Sep. 2021 )) / count )
=1.597 / ((0.098 + 0.098) / 2 )
=1.597 / 0.098
=16.30

* 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.


Cyberlux  (OTCPK:CYBL) 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.

Cyberlux's Days Inventory for the three months ended in Sep. 2021 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2021 )/Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=0.098/1.597*365 / 4
=5.60

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.

Cyberlux's Inventory to Revenue for the quarter that ended in Sep. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2021 ) / Revenue (Q: Sep. 2021 )
=0.098 / 2.251
=0.04

* 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.


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.


Cyberlux Inventory Turnover Related Terms

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Cyberlux (Cyberlux) Business Description

Traded in Other Exchanges
N/A
Address
800 Park Offices Drive, Suite 3209, Research Triangle, Durham, NC, USA, 27709
Cyberlux Corp is a lighting technology company. It is engaged in four different business units: Unmanned aircraft Solutions, Digital platform solutions, Infrastructure technology, and lighting solutions. It designs, develops, and sells lighting systems that utilize white, infrared (IR), and other light-emitting diodes (LEDs) as illumination elements. It serves the Department of Defense (DoD), Commercial channels, and Design Services, customers.
Executives
Utek Corp 10 percent owner 2109 PALM AVENUE, TAMPA FL 33605
Moore William P Iii As Trustee 10 percent owner 10801 MASTIN SUITE 920 OVERLAND PARK KS 66210
David D Downing 10 percent owner, officer: CFO and Treasurer 4625 CREEKSTONE DRIVE SUITE 100 RESEARCH TRIANGLE PARK DURHAM NC 27703
William P Walker officer: Senior Vice President 4625 CREEKSTONE DRIVE SUITE 100 RESEARCH TRIANGLE PARK DURHAM NC 27703
Alan H Ninneman director, 10 percent owner, officer: Senior Vice President 4625 CREEKSTONE DRIVE SUITE 100 RESEARCH TRIANGLE PARK DURHAM NC 27703
Donald F Evans director, 10 percent owner, officer: Chief Executive Officer 4625 CREEKSTONE DRIVE SUITE 100 RESEARCH TRIANGLE PARK DURHAM NC 27703
John W Ringo director, 10 percent owner, officer: Secretary & Corporate Counsel 4625 CREEKSTONE DRIVE SUITE 100 RESEARCH TRIANGLE PARK DURHAM NC 27703
Mark D Schmidt director, 10 percent owner, officer: President and COO 4625 CREEKSTONE DRIVE SUITE 100 RESEARCH TRIANGLE PARK DURHAM NC 27703

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