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Shenzhen-ZhongRong Morgan Investment Holding Group Co Inventory Turnover

: 0.00 (As of Mar. 2017)
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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. Shenzhen-ZhongRong Morgan Investment Holding Group Co's Cost of Goods Sold for the three months ended in Mar. 2017 was $0.00 Mil. Shenzhen-ZhongRong Morgan Investment Holding Group Co's Total Inventories for the quarter that ended in Mar. 2017 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Total Inventories can be measured by Days Sales of Inventory (DSI).

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.


Shenzhen-ZhongRong Morgan Investment Holding Group Co Inventory Turnover Historical Data

The historical data trend for Shenzhen-ZhongRong Morgan Investment Holding Group Co'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.

* Premium members only.

Shenzhen-ZhongRong Morgan Investment Holding Group Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Inventory Turnover
Premium Member Only - - - - -

Shenzhen-ZhongRong Morgan Investment Holding Group Co Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
Inventory Turnover Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Shenzhen-ZhongRong Morgan Investment Holding Group Co Inventory Turnover Calculation

Shenzhen-ZhongRong Morgan Investment Holding Group Co's Inventory Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Inventory Turnover (A: Dec. 2016 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (A: Dec. 2016 ) / ((Total Inventories (A: Dec. 2015 ) + Total Inventories (A: Dec. 2016 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Shenzhen-ZhongRong Morgan Investment Holding Group Co's Inventory Turnover for the quarter that ended in Mar. 2017 is calculated as

Inventory Turnover (Q: Mar. 2017 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (Q: Mar. 2017 ) / ((Total Inventories (Q: Dec. 2016 ) + Total Inventories (Q: Mar. 2017 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.


Shenzhen-ZhongRong Morgan Investment Holding Group Co  (GREY:ZRMG) 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.

Shenzhen-ZhongRong Morgan Investment Holding Group Co's Days Inventory for the three months ended in Mar. 2017 is calculated as:

Days Inventory =Total Inventories (Q: Mar. 2017 )/Cost of Goods Sold (Q: Mar. 2017 )*Days in Period
=0/0*365 / 4
=

2. Total Inventories can be measured by Days Sales of Inventory (DSI).

Shenzhen-ZhongRong Morgan Investment Holding Group Co's Days Sales of Inventory for the three months ended in Mar. 2017 is calculated as:

Days Sales of Inventory (DSI)=Total Inventories (Q: Mar. 2017 )/Revenue (Q: Mar. 2017 )*Days in Period
=0/0*365 / 4
=

3. 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.

Shenzhen-ZhongRong Morgan Investment Holding Group Co's Inventory to Revenue for the quarter that ended in Mar. 2017 is calculated as

Inventory-to-Revenue=Total Inventories (Q: Mar. 2017 ) / Revenue (Q: Mar. 2017 )
=0 / 0
=

* 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.


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.


Shenzhen-ZhongRong Morgan Investment Holding Group Co Inventory Turnover Related Terms

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Shenzhen-ZhongRong Morgan Investment Holding Group Co Business Description

Shenzhen-ZhongRong Morgan Investment Holding Group Co logo
Industry
Traded in Other Exchanges
N/A
Address
136-40 39th Avenue, Suite 6B, Garden Plaza, Flushing, NY, USA, 11354
Website
Shenzhen-ZhongRong Morgan Investment Holding Group Co Ltd is a shell company.

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