Mass Megawatts Wind Power (Mass Megawatts Wind Power) Inventory Turnover : 0.00 (As of Jan. 2024)

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What is Mass Megawatts Wind Power 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. Mass Megawatts Wind Power's Cost of Goods Sold for the three months ended in Jan. 2024 was $0.00 Mil. Mass Megawatts Wind Power's Average Total Inventories for the quarter that ended in Jan. 2024 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.

Mass Megawatts Wind Power Inventory Turnover Historical Data

The historical data trend for Mass Megawatts Wind Power'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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Mass Megawatts Wind Power Inventory Turnover Chart

Mass Megawatts Wind Power Annual Data

Trend

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Apr21

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Apr23

Inventory Turnover

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Mass Megawatts Wind Power Quarterly Data
	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Mass Megawatts Wind Power Inventory Turnover Calculation

Mass Megawatts Wind Power's Inventory Turnover for the fiscal year that ended in Apr. 2023 is calculated as

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

Mass Megawatts Wind Power's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

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

Mass Megawatts Wind Power (OTCPK:MMMW) 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.

Mass Megawatts Wind Power's Days Inventory for the three months ended in Jan. 2024 is calculated as:

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

Mass Megawatts Wind Power's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

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

Mass Megawatts Wind Power Inventory Turnover Related Terms

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Mass Megawatts Wind Power (Mass Megawatts Wind Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Mass Megawatts Wind Power Inc (OTCPK:MMMW) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Boston Turnpike, Suite J9B No. 290, Shrewsbury, MA, USA, 01545

Website

https://www.massmegawatts.com

Mass Megawatts Wind Power Inc operates in the development of low-cost, clean energy systems to meet the increasing global demand for energy through the use of environmentally-friendly technologies. The business activity of the group primarily includes producing wind turbines and selling wind-generated electricity. The company's products include MultiAxis Turbosystem and Solar Tracking System. The activities functioned throughout the region of the United States.

Executives

Jonathan Ricker	director, 10 percent owner, officer: Chairman and CEO	P.O. BOX 60398, WORCESTER MD 01606
Richard Barcia	officer: Chief Operating Officer	2663 E 90TH PLACE, DENVER CO 80229
Thomas F Weisz	10 percent owner	20201 E. COUNTRY CLUB DRIVE, APT. 707, AVENTURA FL 33180

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