Auddia (Auddia) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Auddia 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. Auddia's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.05 Mil. Auddia'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. Auddia's Days Inventory for the three months ended in Mar. 2024 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.

Auddia Inventory Turnover Historical Data

The historical data trend for Auddia'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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Auddia Inventory Turnover Chart

Auddia Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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Auddia 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															-	-	-	-	-

Auddia Inventory Turnover Calculation

Auddia'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 )
=	0.182	/ (	(0	+	0)	/	1 )
=	0.182	/	0
=	N/A

Auddia'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 )
=	0.048	/ (	(0	+	0)	/	1 )
=	0.048	/	0
=	N/A

Auddia (NAS:AUUD) 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.

Auddia'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	/	0.048	*	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.

Auddia'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.

Auddia Inventory Turnover Related Terms

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Auddia (Auddia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Auddia Inc (NAS:AUUD) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

2100 Central Avenue, Suite 200, Boulder, CO, USA, 80301

Website

https://www.auddiainc.com

Auddia Inc is a technology company that is engaged in radio broadcasts and streaming audio content digitally. Its products include Auddia App which is a subscription-based commercial-free AM/FM software application, and0 Vodacast is an interactive podcasting platform and application. The company generates revenue through subscription fees from customers accessing the company's cloud-based computing services and advertisement services.

Executives

Timothy Jerald Ackerman	officer: Chief Financial Officer	2100 CENTRAL AVE, SUITE 200, BOULDER CO 80301
Jeffrey John Thramann	director, 10 percent owner, officer: Executive Chairman	8580 STRAWBERRY LANE, NIWOT CO 80503
Brain Joseph Hoff	officer: Chief Financial Officer	5755 CENTRAL AVE., SUITE C, BOULDER CO 80301
Thomas Carl Birch	director	7120 TRENTON RIDGE CT., RALEIGH NC 27613
Stephen Deitsch	director	1600 BROADWAY, SUITE 700, DENVER CO 80202
Richard W Liebman	officer: Chief Financial Officer	5755 CENTRAL AVE, SUITE C, BOULDER CO 80301
Michael Thomas Lawless	director, officer: Chief Executive Officer	4383 SCARSDALE PLACE, BOULDER CO 80301
Timothy J. Hanlon	director	1040 BRECKENRIDGE AVE., LAKE FOREST IL 60045
Peter Shoebridge	officer: Chief Technology Officer	5755 CENTRAL AVE, SUITE C, BOULDER CO 80301
Richard Michael Minicozzi	10 percent owner	6008 HOOD HOLLOW, AUSTIN TX 78731