Iraqi for Tufted Carpets and Floors (IQS:IITC) Inventory Turnover : 0.00 (As of . 20)

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What is Iraqi for Tufted Carpets and Floors 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. Iraqi for Tufted Carpets and Floors's Cost of Goods Sold for the three months ended in . 20 was ع.د0.00 Mil. Iraqi for Tufted Carpets and Floors's Average Total Inventories for the quarter that ended in . 20 was ع.د0.00 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.

Iraqi for Tufted Carpets and Floors Inventory Turnover Historical Data

The historical data trend for Iraqi for Tufted Carpets and Floors'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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Iraqi for Tufted Carpets and Floors Inventory Turnover Chart

Iraqi for Tufted Carpets and Floors Annual Data

Trend

Inventory Turnover

Iraqi for Tufted Carpets and Floors Quarterly Data

Inventory Turnover

Iraqi for Tufted Carpets and Floors Inventory Turnover Calculation

Iraqi for Tufted Carpets and Floors'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

Iraqi for Tufted Carpets and Floors'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

Iraqi for Tufted Carpets and Floors (IQS:IITC) 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.

Iraqi for Tufted Carpets and Floors's Days Inventory for the three 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 / 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.

Iraqi for Tufted Carpets and Floors'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.

Iraqi for Tufted Carpets and Floors Inventory Turnover Related Terms

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Iraqi for Tufted Carpets and Floors (IQS:IITC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Iraqi for Tufted Carpets and Floors (IQS:IITC) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Street 28, Building 5, Sector 622, Al-Dawoudy, Al-Hamra, Baghdad, IRQ

Website

Iraqi for Tufted Carpets and Floors operates in textile products. Its product portfolio comprises of floors, carpet, and rug mills. The company is based in Baghdad, Iraq.

Iraqi for Tufted Carpets and Floors (IQS:IITC) Headlines

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