3 Sixty Risk Solutions (3 Sixty Risk Solutions) Inventory Turnover : 0.00 (As of Sep. 2019)

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What is 3 Sixty Risk Solutions 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. 3 Sixty Risk Solutions's Cost of Goods Sold for the three months ended in Sep. 2019 was $0.00 Mil. 3 Sixty Risk Solutions's Average Total Inventories for the quarter that ended in Sep. 2019 was $0.04 Mil. 3 Sixty Risk Solutions's Inventory Turnover for the quarter that ended in Sep. 2019 was 0.00.

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. 3 Sixty Risk Solutions's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 0.01.

3 Sixty Risk Solutions Inventory Turnover Historical Data

The historical data trend for 3 Sixty Risk Solutions'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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3 Sixty Risk Solutions Inventory Turnover Chart

3 Sixty Risk Solutions Annual Data

Trend

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Inventory Turnover

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3 Sixty Risk Solutions Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

3 Sixty Risk Solutions Inventory Turnover Calculation

3 Sixty Risk Solutions's Inventory Turnover for the fiscal year that ended in Sep. 2018 is calculated as

	Inventory Turnover (A: Sep. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2018 )	/ (	(Total Inventories (A: Sep. 2017 )	+	Total Inventories (A: Sep. 2018 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

3 Sixty Risk Solutions's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

	Inventory Turnover (Q: Sep. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2019 )	/ (	(Total Inventories (Q: Jun. 2019 )	+	Total Inventories (Q: Sep. 2019 ))	/	count )
=	0	/ (	(0.038	+	0.038)	/	2 )
=	0	/	0.038
=	0.00

3 Sixty Risk Solutions (OTCPK:SAYFF) 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.

3 Sixty Risk Solutions's Days Inventory for the three months ended in Sep. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2019 )	/	Cost of Goods Sold (Q: Sep. 2019 )	*	Days in Period
	=	0.038	/	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.

3 Sixty Risk Solutions's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2019 )	/	Revenue (Q: Sep. 2019 )
	=	0.038	/	6.48
	=	0.01

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.

3 Sixty Risk Solutions Inventory Turnover Related Terms

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3 Sixty Risk Solutions (3 Sixty Risk Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » 3 Sixty Risk Solutions Ltd (OTCPK:SAYFF) » Definitions » Inventory Turnover

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Address

12-83 Little Bridge Street, Almonte, ON, CAN, V6C 2V6

Website

https://www.3sixtysecure.com

3 Sixty Risk Solutions Ltd provides risk mitigation services to the public and private sectors. It offers services primarily in the risk management spectrum, from providing secure transport services nationally, to embedding security specialists within Canada. The company also is focused on physical security and transportation within the cannabis industry. It also provides corporate knowledge and experience in diverse environments and sectors across Canada and Internationally including cannabis, critical infrastructure, non-core policing, oil and gas, and mining.