Aether Global Innovations (XCNQ:AETH) Inventory Turnover : 0.00 (As of Feb. 2024)

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What is Aether Global Innovations 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. Aether Global Innovations's Cost of Goods Sold for the three months ended in Feb. 2024 was C$0.00 Mil. Aether Global Innovations's Average Total Inventories for the quarter that ended in Feb. 2024 was C$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.

Aether Global Innovations Inventory Turnover Historical Data

The historical data trend for Aether Global Innovations'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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Aether Global Innovations Inventory Turnover Chart

Aether Global Innovations Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Inventory Turnover

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1.55

-5.23

-64.00

Aether Global Innovations Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Inventory Turnover	Get a 7-Day Free Trial															-92.00	-	-	-	-

Aether Global Innovations Inventory Turnover Calculation

Aether Global Innovations's Inventory Turnover for the fiscal year that ended in Nov. 2023 is calculated as

	Inventory Turnover (A: Nov. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Nov. 2023 )	/ (	(Total Inventories (A: Nov. 2022 )	+	Total Inventories (A: Nov. 2023 ))	/	count )
=	0	/ (	(0.002	+	0)	/	1 )
=	0	/	0.002
=	0.00

Aether Global Innovations's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

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

Aether Global Innovations (XCNQ:AETH) 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.

Aether Global Innovations's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2024 )	/	Cost of Goods Sold (Q: Feb. 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.

Aether Global Innovations's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2024 )	/	Revenue (Q: Feb. 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.

Aether Global Innovations Inventory Turnover Related Terms

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Aether Global Innovations (XCNQ:AETH) Business Description

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AETHF:USA 4XA0:Germany

Address

1199 W Hastings Street, Suite 700, Vancouver, BC, CAN, V6E 3T5

Website

https://www.aethergic.com

Aether Global Innovations Corp is an innovative UAV drone management and operations services company that focuses in three areas for critical infrastructure and large public and private facilities. These three areas include drone management and surveillance monitoring, automation and integration for flight planning, new sensor payloads, stand-alone power source and drone base station infrastructure and technology for autonomous self-landing, power charging, and take off.