Quantum Energy (Quantum Energy) Inventory Turnover : 0.00 (As of Sep. 2023)

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What is Quantum Energy 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. Quantum Energy's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.00 Mil. Quantum Energy's Average Total Inventories for the quarter that ended in Sep. 2023 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.

Quantum Energy Inventory Turnover Historical Data

The historical data trend for Quantum Energy'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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Quantum Energy Inventory Turnover Chart

Quantum Energy Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Inventory Turnover

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Quantum Energy Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Mar23	Jun23	Sep23
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Quantum Energy Inventory Turnover Calculation

Quantum Energy's Inventory Turnover for the fiscal year that ended in Feb. 2022 is calculated as

	Inventory Turnover (A: Feb. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2022 )	/ (	(Total Inventories (A: Feb. 2021 )	+	Total Inventories (A: Feb. 2022 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Quantum Energy's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

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

Quantum Energy (OTCPK:FLCX) 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.

Quantum Energy's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	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.

Quantum Energy's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	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.

Quantum Energy Inventory Turnover Related Terms

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Quantum Energy (Quantum Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Quantum Energy Corp (OTCPK:FLCX) » Definitions » Inventory Turnover

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Address

1282 A Cornwall Road, Oakville, ON, CAN, L6J 7W5

Website

https://www.flooidcx.com

FlooidCX Corp acts as an online complaint resolution platform for consumers and businesses. The company offers unified communications and collaboration in online CRM solutions - GripeVine and Resolution1. It offers a proprietary complaint-resolution platform for the facilitation and management of social customer service via centralized communication, rating, and review tools. The tools offered to reward reliable consumers and responsive businesses. Its platform includes the handling of ratings, reviews, complaint resolution statuses while offering data collection features such as scoring, polling, comments, voting, and credibility points.

Executives

Dennis M Danzik	director, officer: CEO	14747 N. NORTHSIGHT BLVD, STE.111-218, SCOTTSDALE AZ 85260
Kifu Llc	10 percent owner	2505 ANTHEM VILLAGE DRIVE, SUITE E-334, HENDERSON NV 89052
William Westbrook	director	P.O. BOX 431, VERNON AZ 85940
Craig N Kitchen	director	11201 N. TATUM BLVD.,, SUITE 110, SCOTTSDALE AZ 85028
Douglas Charles Bean	10 percent owner, other: shareholder	2728 CAROLINA BLUE AVE, HENDERSON NV 89052
Mark Vange	director, officer: Chief Technical Officer	1282A CORNWALL ROAD, OAKVILLE A6 LGJ 7W5
Helen Bernardino	director	1282A CORNWALL ROAD, OAKVILLE A6 L6J 7W5
Richard Hue	10 percent owner	1282A CORNWALL ROAD, OAKVILLE Z4 L6J 7W5