Shenzhen-ZhongRong Morgan Investment Holding Group Co (Shenzhen-ZhongRong Morgan Investment Holding Group Co) Inventory Turnover : 0.00 (As of Mar. 2017)

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What is Shenzhen-ZhongRong Morgan Investment Holding Group Co 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. 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 Average 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.

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.

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Shenzhen-ZhongRong Morgan Investment Holding Group Co Inventory Turnover Chart

Shenzhen-ZhongRong Morgan Investment Holding Group Co Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Inventory Turnover

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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
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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	/	Average 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	/	Average 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

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

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.

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	=	Average Total Inventories (Q: Mar. 2017 )	/	Revenue (Q: Mar. 2017 )
	=	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.

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

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Shenzhen-ZhongRong Morgan Investment Holding Group Co (Shenzhen-ZhongRong Morgan Investment Holding Group Co) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Shenzhen-ZhongRong Morgan Investment Holding Group Co Ltd (GREY:ZRMG) » Definitions » Inventory Turnover

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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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