GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Motos America Inc (OTCPK:MTAM) » Definitions » Inventory Turnover

Motos America (Motos America) Inventory Turnover : 2.44 (As of Jul. 2022)


View and export this data going back to 2008. Start your Free Trial

What is Motos America 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. Motos America's Cost of Goods Sold for the three months ended in Jul. 2022 was $10.30 Mil. Motos America's Average Total Inventories for the quarter that ended in Jul. 2022 was $4.23 Mil. Motos America's Inventory Turnover for the quarter that ended in Jul. 2022 was 2.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Motos America's Days Inventory for the three months ended in Jul. 2022 was 37.46.

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. Motos America's Inventory-to-Revenue for the quarter that ended in Jul. 2022 was 0.32.


Motos America Inventory Turnover Historical Data

The historical data trend for Motos America'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.

Motos America Inventory Turnover Chart

Motos America Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.28 3.33 - - 3.73

Motos America Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 2.44

Motos America Inventory Turnover Calculation

Motos America's Inventory Turnover for the fiscal year that ended in Jul. 2022 is calculated as

Inventory Turnover (A: Jul. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jul. 2022 ) / ((Total Inventories (A: Jul. 2021 ) + Total Inventories (A: Jul. 2022 )) / count )
=15.791 / ((0 + 4.229) / 1 )
=15.791 / 4.229
=3.73

Motos America's Inventory Turnover for the quarter that ended in Jul. 2022 is calculated as

Inventory Turnover (Q: Jul. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jul. 2022 ) / ((Total Inventories (Q: Apr. 2022 ) + Total Inventories (Q: Jul. 2022 )) / count )
=10.301 / ((0 + 4.229) / 1 )
=10.301 / 4.229
=2.44

* 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.


Motos America  (OTCPK:MTAM) 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.

Motos America's Days Inventory for the three months ended in Jul. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Jul. 2022 )/Cost of Goods Sold (Q: Jul. 2022 )*Days in Period
=4.229/10.301*365 / 4
=37.46

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.

Motos America's Inventory to Revenue for the quarter that ended in Jul. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2022 ) / Revenue (Q: Jul. 2022 )
=4.229 / 13.257
=0.32

* 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.


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.


Motos America Inventory Turnover Related Terms

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


Motos America (Motos America) Business Description

Traded in Other Exchanges
N/A
Address
510 South 200 West, Suite 110, Salt Lake City, UT, USA, 84101
Motos America Inc purchases and operates Powersports dealerships, with an emphasis on European luxury motorcycle brands, including BMW Motorcycles, Triumph Motorcycles, and Ducati Motorcycles.
Executives
Mun Wai Wong director NO. 20 JALAN SS 15/5G, SUBANG JAYA, SELANGOR N8 47500
Chow Wing Loke officer: Chief Financial Officer NO. 6, JALAN KENANGA SD9/5J, BANDAR SRI DAMANSARA, KUALA LUMPUR N8 52200
Chee Keun Chim director 22A-3 JALAN METRO PUDU, OFF JALAN LOKE YEW, FRASER BUSINESS PARK, KUALA LUMPUR N8 55100
Pui Hold Ho director 22A-3, JALAN METRO PUDU, OFF JALAN LOKE YEW, FRASER BUSINESS PARK, KUALA LUMPUR N8 55100
Kwueh Lin Wong director, 10 percent owner, officer: CFO and Secretary 22A-3, JALAN METRO PUDU, JALAN LOKE YEW, FRASIER BUSINESS PARK, KUALA LUMPUR N8 55100
Shiong Han Wee director, 10 percent owner, officer: CEO and President 22A-3, JALAN METRO PUDU, JALAN LOKE YEW, FRASIER BUSINESS PARK, KUALA LUMPUR N8 55100
Alexander Langer director 1405 MAHON AVENUE, NORTH VANCOUVER A1 V7M 2S3
William Lorne Mccullagh director 4514 - 248 STREET, #2, ALDERGROVE A1 V4W 1B6
Kerry J. Mccullagh director, 10 percent owner, officer: President, CEO & CFO SUITE 206 - 475 HOWE STREET, VANCOUVER A1 V6C 2B3

Motos America (Motos America) Headlines

From GuruFocus

Motos America Adds Independent Directors

By ACCESSWIRE ACCESSWIRE 06-06-2022

Motos America Inc. Acquires Three Dealerships in Oregon

By ACCESSWIRE ACCESSWIRE 03-30-2022

Motos America Provides Year-End 2022 Shareholder Update

By Stock market mentor Stock market mentor 02-07-2023

Motos America Provides Shareholder Update

By ACCESSWIRE 10-19-2023

Motos America, Inc. Acquires Nashville Motorcycle Dealership

By ACCESSWIRE ACCESSWIRE 03-18-2022

Motos America Inc. Closes Round-A of Financing

By ACCESSWIRE ACCESSWIRE 04-28-2022