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Eternity Healthcare (Eternity Healthcare) Inventory Turnover : 0.00 (As of Jul. 2018)


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What is Eternity Healthcare 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. Eternity Healthcare's Cost of Goods Sold for the three months ended in Jul. 2018 was $0.00 Mil. Eternity Healthcare's Average Total Inventories for the quarter that ended in Jul. 2018 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.

Eternity Healthcare Inventory Turnover Historical Data

The historical data trend for Eternity Healthcare'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.

Eternity Healthcare Inventory Turnover Chart

Eternity Healthcare Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.74 1.84 - -

Eternity Healthcare Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18
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 - - - - -

Eternity Healthcare Inventory Turnover Calculation

Eternity Healthcare's Inventory Turnover for the fiscal year that ended in Apr. 2018 is calculated as

Inventory Turnover (A: Apr. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Apr. 2018 ) / ((Total Inventories (A: Apr. 2017 ) + Total Inventories (A: Apr. 2018 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Eternity Healthcare's Inventory Turnover for the quarter that ended in Jul. 2018 is calculated as

Inventory Turnover (Q: Jul. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jul. 2018 ) / ((Total Inventories (Q: Apr. 2018 ) + Total Inventories (Q: Jul. 2018 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.

Eternity Healthcare  (GREY:ETAH) 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.

Eternity Healthcare's Days Inventory for the three months ended in Jul. 2018 is calculated as:

Days Inventory =Average Total Inventories (Q: Jul. 2018 )/Cost of Goods Sold (Q: Jul. 2018 )*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.

Eternity Healthcare's Inventory to Revenue for the quarter that ended in Jul. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2018 ) / Revenue (Q: Jul. 2018 )
=0 / 0
=

* 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.

Eternity Healthcare Inventory Turnover Related Terms

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Eternity Healthcare (Eternity Healthcare) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Eternity Healthcare Inc (GREY:ETAH) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
18 Carnarvon Road, Flat/Room 1006 - 10th Floor, Hang Seng Tsim Sha Tsui Building, Tsim Sha TsuiI, Kowloon, Hong Kong, HKG
Website
http://www.eternityhealthcare.com
Eternity Healthcare Inc is a medical device company operating in the us. It focuses on manufacturing a needle-free injection system. The company emphasizes needle-free injection device technology for application in Diabetes, Pediatric Oncology, Multiple sclerosis, Multiple sclerosis, Anesthetics, Vaccine, Cardiovascular, and Migraine. The company adult stem cell storage is all located in North China, East China, and South China. The company targets market includes Guizhou, Yunan, Guangxi, Xinjiang, and Tibet.