Umax Group (Umax Group) Change In Inventory : $0.00 Mil (TTM As of Apr. 2018)

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What is Umax Group Change In Inventory?

Umax Group's change in inventory for the quarter that ended in Apr. 2018 was $0.00 Mil. It means Umax Group's inventory stayed the same from Apr. 2017 to Apr. 2018 .

Umax Group's change in inventory for the fiscal year that ended in Apr. 2018 was $0.00 Mil. It means Umax Group's inventory stayed the same from Apr. 2017 to Apr. 2018 .

Umax Group's Total Inventories for the quarter that ended in Apr. 2018 was $0.00 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Umax Group's Inventory-to-Revenue for the quarter that ended in Apr. 2018 was 0.00.

Umax Group Change In Inventory Historical Data

The historical data trend for Umax Group's Change In Inventory 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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Umax Group Change In Inventory Chart

Umax Group Annual Data

Trend

Apr12

Apr13

Apr17

Apr18

Change In Inventory

Umax Group Semi-Annual Data
	Apr12	Apr13	Apr17	Apr18
Change In Inventory	-	-	-	-

Umax Group Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Apr. 2018 was $0.00 Mil.

Umax Group (OTCPK:UMAX) Change In Inventory Explanation

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

Umax Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0	*	365 / 2
	=	N/A

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Umax Group's Inventory Turnover for the quarter that ended in Apr. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

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.

Umax Group's Inventory to Revenue for the quarter that ended in Apr. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.004
	=	0.00

Umax Group Change In Inventory Related Terms

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Umax Group (Umax Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Umax Group Corp (OTCPK:UMAX) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2020 Bay Street, Los Angeles, CA, USA, 90012

Website

https://www.umaxgrpcorp.com

Umax Group Corp is a media development company which is concentrated on producing its original content with the intent of selling that content to one of the many streaming companies such as Netflix, Hulu, Showtime, Disney plus etc. and having their own streaming platforms on website and YouTube channels.