Oculus VisionTech (Oculus VisionTech) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Oculus VisionTech 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. Oculus VisionTech's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil. Oculus VisionTech'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.

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.

Oculus VisionTech Inventory Turnover Historical Data

The historical data trend for Oculus VisionTech'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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Oculus VisionTech Inventory Turnover Chart

Oculus VisionTech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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Oculus VisionTech 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															-	-	-	-	-

Oculus VisionTech Inventory Turnover Calculation

Oculus VisionTech'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	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Oculus VisionTech'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	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Oculus VisionTech (OTCPK:OVTZ) 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.

Oculus VisionTech'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	*	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.

Oculus VisionTech'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
	=

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.

Oculus VisionTech Inventory Turnover Related Terms

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Oculus VisionTech (Oculus VisionTech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Oculus VisionTech Inc (OTCPK:OVTZ) » Definitions » Inventory Turnover

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Traded in Other Exchanges

USF1:Germany USF1:Germany OVT:Canada

Address

837 West Hastings Street, Suite 507, Vancouver, BC, CAN, V6C 3N6

Website

https://www.ovtz.com

Oculus VisionTech Inc. is a Canadian-based development-stage technology company focused on cyber security, data privacy and data protection solutions for Enterprise business customers.

Executives

Anton J Drescher	director, officer: Chief Financial Officer (CFO)	837 WEST HASTINGS STREET #507, VANCOUVER BC, CANADA V6C 3N6 A1 0000
Fabrice Helliker	director	507-837 WEST HASTINGS STREET, VANCOUVER A1 V6C 3N6
Michael Patrick Johnson	director	2120 CAREY AVE., REGISTERED AGENCY SERVICES, INC., CHEYENNE WY 82001
Shawn Norman Nichols	director	326 BROOKE AVENUE, TORONTO A6 M5M2L3
Rowland Perkins	director, officer: Chief Executive Officer (CEO)	751 WOODPARK ROAD SW, CALGARY A0 T2W 2S3
Tomislav Perovic	director	6260 MULBERRY CRESCENT, MISSISSAUGA A6 L5V 1B7
Ronald K Wages	director	1508 SIR GALLAHAN COURT, WAXHAW NC 28173
Usa Video Interactive Corp	director, officer: President	837 WEST HASTINGS STREET, SUITE 507, VANCOUVER A1 V6C 3N6
Edwin Molina	director, officer: President	8 WEST MAIN STREET, NIANTIC CT 06352
Smith Robert D Jr	other: Resigned Director/Officer	90 VALLEY DRIVE, SALEM CT 06420
Maurice Loverso	director	8378 MAURICE DEPLESISS, MONTREAL A8 HIE 3A3

Oculus VisionTech (Oculus VisionTech) Headlines

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