More Acquisitions (LSE:TMOR) Inventory Turnover : 0.00 (As of Apr. 2023)

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What is More Acquisitions 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. More Acquisitions's Cost of Goods Sold for the six months ended in Apr. 2023 was £0.00 Mil. More Acquisitions's Average Total Inventories for the quarter that ended in Apr. 2023 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.

More Acquisitions Inventory Turnover Historical Data

The historical data trend for More Acquisitions'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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More Acquisitions Inventory Turnover Chart

More Acquisitions Annual Data

Trend

Sep21

Oct23

Inventory Turnover

More Acquisitions Semi-Annual Data
	Apr23	Oct23
Inventory Turnover	-	-

More Acquisitions Inventory Turnover Calculation

More Acquisitions's Inventory Turnover for the fiscal year that ended in Sep. 2021 is calculated as

	Inventory Turnover (A: Sep. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2021 )	/ (	(Total Inventories (A: . 20 )	+	Total Inventories (A: Sep. 2021 ))	/	count )
=	0	/ (	(	+	0)	/	1 )
=	0	/	0
=	N/A

More Acquisitions's Inventory Turnover for the quarter that ended in Apr. 2023 is calculated as

	Inventory Turnover (Q: Apr. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Apr. 2023 )	/ (	(Total Inventories (Q: . 20 )	+	Total Inventories (Q: Apr. 2023 ))	/	count )
=	0	/ (	(	+	0)	/	1 )
=	0	/	0
=	N/A

More Acquisitions (LSE:TMOR) 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.

More Acquisitions's Days Inventory for the six months ended in Apr. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Apr. 2023 )	/	Cost of Goods Sold (Q: Apr. 2023 )	*	Days in Period
	=	0	/	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.

More Acquisitions's Inventory to Revenue for the quarter that ended in Apr. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2023 )	/	Revenue (Q: Apr. 2023 )
	=	0	/	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.

More Acquisitions Inventory Turnover Related Terms

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More Acquisitions (LSE:TMOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » More Acquisitions PLC (LSE:TMOR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Cheapside, 3rd Floor, London, GBR, EC2V 6EE

Website

http://www.moreacquisitions.co.uk

More Acquisitions PLC is formed to identify and acquire a suitable business opportunity or opportunities and undertake an acquisition or merger or a series of acquisitions or mergers.

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