Mobiquity Technologies (Mobiquity Technologies) Inventory Turnover : 0.00 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Mobiquity Technologies 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. Mobiquity Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.21 Mil. Mobiquity Technologies'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. Mobiquity Technologies'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. Mobiquity Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Mobiquity Technologies Inventory Turnover Historical Data

The historical data trend for Mobiquity Technologies'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.

Mobiquity Technologies Inventory Turnover Chart

Mobiquity Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

Mobiquity Technologies 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															-	-	-	-	-

Mobiquity Technologies Inventory Turnover Calculation

Mobiquity Technologies'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 )
=	0.48	/ (	(0	+	0)	/	1 )
=	0.48	/	0
=	N/A

Mobiquity Technologies'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 )
=	0.211	/ (	(0	+	0)	/	1 )
=	0.211	/	0
=	N/A

Mobiquity Technologies (OTCPK:MOBQ) 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.

Mobiquity Technologies'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	/	0.211	*	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.

Mobiquity Technologies'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	/	0.263
	=	0.00

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.

Mobiquity Technologies Inventory Turnover Related Terms

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

Mobiquity Technologies (Mobiquity Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Mobiquity Technologies Inc (OTCPK:MOBQ) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Torrington Lane, Shoreham, New York, NY, USA, 11786

Website

https://www.mobiquitytechnologies.com

Mobiquity Technologies Inc through its subsidiaries provides Advertising, Data Licensing, Footfall Reporting, Attribution Reporting, Real Estate Planning, Financial Forecasting and Custom Research services. The company generates revenue from the sale of service.

Executives

Stuart Byron Booker	director	505 LARIAT LANE, HENDERSON NV 89014
Nate Knight	director	C/O MORSE & MORSE, PLLC, 1400 OLD COUNTRY ROAD, SUITE 302, WESTBURY NY 11590
Anne Schmidt Provost	director	C/O MOBIQUITY TECHNOLOGIES, 35 TORRINGTON LANE, SHOREHAM NY 11786
Barrett Don Walker Iii	officer: Chief Oper. & Strategy Officer	143 VARICK STREET, NEW YORK NY 10013
Michael A. Wright	director	445 SOUTH STREET, MORRISTOWN NJ 07960
Peter L. Zurkow	director	6 RECTORY LANE, SCARSDALE NY 10583
Gene Salkind	director, 10 percent owner	1165 WRACK ROAD, MEADOWBROOK PA 19046
Thomas M Arnost	director	457 ROCKAWAY AVE, VALLEY STREAM NY 11581
Anthony Iacovone	director	35 TORRINGTON LANE, SHOREHAM NY 11786
Deepankar Katyal	director	35 TORRINGTON LANE, SHOREHAM NY 11786
Paul Bauersfeld	officer: Chief Technology Officer	600 OLD COUNTRY ROAD, STE. 541, GARDEN CITY NY 11530
Robert F Hussey	director	350 7TH AVENUE, 2ND FLOOR, NEW YORK NY 10001
Clyde J Berg	10 percent owner	C/O BERG & BERG DEVELOPERS, 10050 BANDLEY DR, CUPERTINO CA 95014
Sean Trepeta	director, officer: President of Mobiquity	457 ROCKAWAY AVE, VALLEY STREAM NY 11581
Domenico Iannucci	10 percent owner	ONE WINDSOR DR, MUTTONTOWN NY 11753