HQDA Elderly Life Network (HQDA Elderly Life Network) Inventory Turnover : 0.00 (As of Mar. 2022)

View and export this data going back to 2006. Start your Free Trial

What is HQDA Elderly Life Network 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. HQDA Elderly Life Network's Cost of Goods Sold for the three months ended in Mar. 2022 was $0.10 Mil. HQDA Elderly Life Network's Average Total Inventories for the quarter that ended in Mar. 2022 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HQDA Elderly Life Network's Days Inventory for the three months ended in Mar. 2022 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. HQDA Elderly Life Network's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.00.

HQDA Elderly Life Network Inventory Turnover Historical Data

The historical data trend for HQDA Elderly Life Network'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.

HQDA Elderly Life Network Inventory Turnover Chart

HQDA Elderly Life Network Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Inventory Turnover

Get a 7-Day Free Trial

HQDA Elderly Life Network Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

HQDA Elderly Life Network Inventory Turnover Calculation

HQDA Elderly Life Network's Inventory Turnover for the fiscal year that ended in Jun. 2021 is calculated as

	Inventory Turnover (A: Jun. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2021 )	/ (	(Total Inventories (A: Jun. 2020 )	+	Total Inventories (A: Jun. 2021 ))	/	count )
=	0.156	/ (	(0	+	0)	/	1 )
=	0.156	/	0
=	N/A

HQDA Elderly Life Network's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

	Inventory Turnover (Q: Mar. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2022 )	/ (	(Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Mar. 2022 ))	/	count )
=	0.103	/ (	(0	+	0)	/	1 )
=	0.103	/	0
=	N/A

HQDA Elderly Life Network (OTCPK:HQDA) 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.

HQDA Elderly Life Network's Days Inventory for the three months ended in Mar. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2022 )	/	Cost of Goods Sold (Q: Mar. 2022 )	*	Days in Period
	=	0	/	0.103	*	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.

HQDA Elderly Life Network's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2022 )	/	Revenue (Q: Mar. 2022 )
	=	0	/	0.2
	=	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.

HQDA Elderly Life Network Inventory Turnover Related Terms

Thank you for viewing the detailed overview of HQDA Elderly Life Network's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

HQDA Elderly Life Network (HQDA Elderly Life Network) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » HQDA Elderly Life Network Corp (OTCPK:HQDA) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

8780 Valley Boulevard, Suite J, Rosemead, CA, USA, 91770

Website

http://www.hqda.net

HQDA Elderly Life Network Corp is engaged in providing seniors living residences with a supportive, home life setting with care and services, including activities of daily living, life enrichment, and health and wellness in certain cities in China. The company also operates a network carrier, providing scheduled air transportation to passengers, and travel destination services to leisure travelers. It operates in a single segment being senior housing and retirement services.

Executives

Ann-marie Cederholm	director, officer: CFO	102-137 EAST 1ST STREET, NORTH VANCOUVER A1 V7L 1B2
Timothy A Coupland	director, 10 percent owner, officer: CEO	1090 SHAMAN CRES, DELTA A1 V4M 2L7
Brian David Game	director	3140 RICHMOND STREET, RICHMOND A1 V7E 2V6

HQDA Elderly Life Network (HQDA Elderly Life Network) Headlines

From GuruFocus

HQDA ELDERLY LIFE NETWORK CORP. KICKS OFF AFTER COVID-19 PANDEMIC.

By Marketwired Marketwired • 11-09-2020

HQDA Elderly Life Network Corp. Acquires an 8.84-Acre Land in Shanghai (Symbol: HQDA)

By Marketwired Marketwired • 08-15-2018

Hartford Announces Securities Purchase Agreement with HQDA International Investment Holdings Ltd.

By Marketwired Marketwired • 04-09-2018

HQDA Acquires 51% of Palua Airline and Tourism Companies

By Marketwired Marketwired • 04-19-2019

HQDA Announces New Air Route for its Subsidiary leads new tourists to Palau

By Marketwired Marketwired • 06-04-2019

HQDA Acquires 51% of Palua Airline and Tourism Companies

By GlobeNewswire GlobeNewswire • 04-19-2019