Imperium Technology Group (Imperium Technology Group) Inventory Turnover : 23.00 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Imperium Technology Group 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. Imperium Technology Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $2.77 Mil. Imperium Technology Group's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.12 Mil. Imperium Technology Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 23.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Imperium Technology Group's Days Inventory for the six months ended in Dec. 2023 was 7.93.

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. Imperium Technology Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Imperium Technology Group Inventory Turnover Historical Data

The historical data trend for Imperium Technology Group'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.

* Premium members only.

Imperium Technology Group Inventory Turnover Chart

Imperium Technology Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

7.89

8.20

15.78

83.91

72.07

Imperium Technology Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															32.62	43.65	37.59	25.13	23.00

Imperium Technology Group Inventory Turnover Calculation

Imperium Technology Group'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 )
=	7.928	/ (	(0.194	+	0.026)	/	2 )
=	7.928	/	0.11
=	72.07

Imperium Technology Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	2.772	/ (	(0.215	+	0.026)	/	2 )
=	2.772	/	0.1205
=	23.00

Imperium Technology Group (OTCPK:IPGGF) 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.

Imperium Technology Group's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0.1205	/	2.772	*	365 / 2
	=	7.93

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.

Imperium Technology Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0.1205	/	4.039
	=	0.03

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.

Imperium Technology Group Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Imperium Technology Group's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Imperium Technology Group (Imperium Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Imperium Technology Group Ltd (OTCPK:IPGGF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

00776:Hong Kong

Address

No. 181 Hoi Bun Road, Room 02, 26th Floor, One Harbour Square, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.776.hk

Imperium Technology Group Ltd is an investment holding company. Its operating segment are 1) Online game segment includes marketing and the operation of mobile games and computer games and sale of NFTs and other digital tokens. 2) Cloud computing and data storage segment engage in cryptocurrency mining and rental of machines to customers to engage in cryptocurrency mining. 3) Esports segment includes participating in esports competitions, streaming and marketing event, and merchandise sales. 4) Household products segment includes the manufacture and sale of stainless steel furnishings and home products. 5) Property investment segment includes rental income from investment properties. 6) Money lending segment includes interest income from the money lending business.

Imperium Technology Group (Imperium Technology Group) Headlines

No Headlines