Wellex Industries (PHS:WIN) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Wellex Industries 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. Wellex Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱0.77 Mil. Wellex Industries's Average Total Inventories for the quarter that ended in Mar. 2024 was ₱0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wellex Industries's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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. Wellex Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Wellex Industries Inventory Turnover Historical Data

The historical data trend for Wellex Industries'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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Wellex Industries Inventory Turnover Chart

Wellex Industries Annual Data

Trend

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Dec23

Inventory Turnover

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Wellex Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Wellex Industries Inventory Turnover Calculation

Wellex Industries's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	12.607	/ (	(0	+	0)	/	1 )
=	12.607	/	0
=	N/A

Wellex Industries's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0.766	/ (	(0	+	0)	/	1 )
=	0.766	/	0
=	N/A

Wellex Industries (PHS:WIN) 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.

Wellex Industries's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0	/	0.766	*	365 / 4
	=	0.00

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.

Wellex Industries's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0	/	8.368
	=	0.00

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.

Wellex Industries Inventory Turnover Related Terms

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Wellex Industries (PHS:WIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wellex Industries Inc (PHS:WIN) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Dona Julia Vargas Avenue corner Meralco Avenues, 35th Floor, One Corporate Center, Ortigas Center, Pasig City, PHL, 1605

Website

https://www.wellexindustries.com

Wellex Industries Inc is a Philippines-based company engaged in the business of development operation of all types of business enterprises, including enterprises engaged in the business of real estate development. The company is also involved in the mining activities. The group leases its idle properties as warehouses to third parties. Geographically the company offers its services only to the Philippines market.

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