Alight (Alight) Inventory Turnover : 0.00 (As of Dec. 2018)

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What is Alight 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. Alight's Cost of Goods Sold for the six months ended in Dec. 2018 was $1,527 Mil. Alight's Average Total Inventories for the quarter that ended in Dec. 2018 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alight's Days Inventory for the six months ended in Dec. 2018 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. Alight's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 0.00.

Alight Inventory Turnover Historical Data

The historical data trend for Alight'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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Alight Inventory Turnover Chart

Alight Annual Data

Trend

Dec16

Dec17

Dec18

Inventory Turnover

Alight Semi-Annual Data
	Dec16	Dec17	Dec18
Inventory Turnover	-	-	-

Alight Inventory Turnover Calculation

Alight's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Inventory Turnover (A: Dec. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2018 )	/ (	(Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )
=	1527	/ (	(0	+	0)	/	1 )
=	1527	/	0
=	N/A

Alight's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

	Inventory Turnover (Q: Dec. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2018 )	/ (	(Total Inventories (Q: Dec. 2017 )	+	Total Inventories (Q: Dec. 2018 ))	/	count )
=	1527	/ (	(0	+	0)	/	1 )
=	1527	/	0
=	N/A

Alight (NAS:ALIT) 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.

Alight's Days Inventory for the six months ended in Dec. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2018 )	/	Cost of Goods Sold (Q: Dec. 2018 )	*	Days in Period
	=	0	/	1527	*	365 / 2
	=	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.

Alight's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2018 )	/	Revenue (Q: Dec. 2018 )
	=	0	/	2378
	=	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.

Alight Inventory Turnover Related Terms

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