58.com (58.com) Inventory Turnover : 0.00 (As of Mar. 2020)

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What is 58.com 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. 58.com's Cost of Goods Sold for the three months ended in Mar. 2020 was $44 Mil. 58.com's Average Total Inventories for the quarter that ended in Mar. 2020 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. 58.com's Days Inventory for the three months ended in Mar. 2020 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. 58.com's Inventory-to-Revenue for the quarter that ended in Mar. 2020 was 0.00.

58.com Inventory Turnover Historical Data

The historical data trend for 58.com'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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58.com Inventory Turnover Chart

58.com Annual Data

Trend

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Inventory Turnover

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58.com Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

58.com Inventory Turnover Calculation

58.com's Inventory Turnover for the fiscal year that ended in Dec. 2019 is calculated as

	Inventory Turnover (A: Dec. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2019 )	/ (	(Total Inventories (A: Dec. 2018 )	+	Total Inventories (A: Dec. 2019 ))	/	count )
=	256.413	/ (	(0	+	0)	/	1 )
=	256.413	/	0
=	N/A

58.com's Inventory Turnover for the quarter that ended in Mar. 2020 is calculated as

	Inventory Turnover (Q: Mar. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2020 )	/ (	(Total Inventories (Q: Dec. 2019 )	+	Total Inventories (Q: Mar. 2020 ))	/	count )
=	44.063	/ (	(0	+	0)	/	1 )
=	44.063	/	0
=	N/A

58.com (NYSE:WUBA) 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.

58.com's Days Inventory for the three months ended in Mar. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2020 )	/	Cost of Goods Sold (Q: Mar. 2020 )	*	Days in Period
	=	0	/	44.063	*	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.

58.com's Inventory to Revenue for the quarter that ended in Mar. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2020 )	/	Revenue (Q: Mar. 2020 )
	=	0	/	364.695
	=	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.

58.com Inventory Turnover Related Terms

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58.com (58.com) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » 58.com Inc (NYSE:WUBA) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

10 Jiuxianqiao North Road Jia, Building 105, Chaoyang District, Beijing, CHN, 100015

Website

https://www.58.com

58.com Inc through its subsidiaries is engaged in the operation of an online marketplace. The company serves the local merchants and consumers in the People's Republic of China. Its online marketplace enables local merchants and consumers to connect, share information and conduct business. Its online marketing activities consist of paid marketing through internet navigation sites and various popular search engines in China and display advertisements. The company's offline marketing activities include traditional mainstream media such as television, billboard, direct mailing advertisements, public relations activities, as well as sponsored events to increase its visibility and promote its brand.