Turism Covasna Covasna (BSE:TUAA) Inventory Turnover : 0.00 (As of . 20)

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What is Turism Covasna Covasna 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. Turism Covasna Covasna's Cost of Goods Sold for the six months ended in . 20 was lei0.00 Mil. Turism Covasna Covasna's Average Total Inventories for the quarter that ended in . 20 was lei0.00 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.

Turism Covasna Covasna Inventory Turnover Historical Data

The historical data trend for Turism Covasna Covasna'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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Turism Covasna Covasna Inventory Turnover Chart

Turism Covasna Covasna Annual Data

Trend

Inventory Turnover

Turism Covasna Covasna Semi-Annual Data

Inventory Turnover

Turism Covasna Covasna Inventory Turnover Calculation

Turism Covasna Covasna's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

	Inventory Turnover (A: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: . 20 )	/ (	(Total Inventories (A: . 20 )	+	Total Inventories (A: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Turism Covasna Covasna's Inventory Turnover for the quarter that ended in . 20 is calculated as

	Inventory Turnover (Q: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: . 20 )	/ (	(Total Inventories (Q: . 20 )	+	Total Inventories (Q: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Turism Covasna Covasna (BSE:TUAA) 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.

Turism Covasna Covasna's Days Inventory for the six months ended in . 20 is calculated as:

Days Inventory	=	Average Total Inventories (Q: . 20 )	/	Cost of Goods Sold (Q: . 20 )	*	Days in Period
	=	0	/		*	365 / 2
	=

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.

Turism Covasna Covasna's Inventory to Revenue for the quarter that ended in . 20 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: . 20 )	/	Revenue (Q: . 20 )
	=	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.

Turism Covasna Covasna Inventory Turnover Related Terms

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Turism Covasna Covasna (BSE:TUAA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Turism Covasna SA Covasna (BSE:TUAA) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Street no.1, Decembrie 1918, Nr. 1-2, Covasna, ROU

Website

https://www.turismcovasna.ro

Turism Covasna SA Covasna is engaged in providing hotel and similar accommodation services in Covasna. It is also involved in providing spa treatment for cardiovascular diseases.

Turism Covasna Covasna (BSE:TUAA) Headlines

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