Kuora (AAPT) Inventory Turnover: 1.83 (As of Sep. 2013)


What is Kuora Inventory Turnover?

Kuora AAPT -99.00% Inventory Turnover is 1.83 as of Sep. 2013.

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. Kuora's Cost of Goods Sold for the three months ended in Sep. 2013 was $0.77 Mil. Kuora's Average Total Inventories for the quarter that ended in Sep. 2013 was $0.42 Mil. Kuora's Inventory Turnover for the quarter that ended in Sep. 2013 was 1.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kuora's Days Inventory for the three months ended in Sep. 2013 was 49.85.

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. Kuora's Inventory-to-Revenue for the quarter that ended in Sep. 2013 was 4.93.

Kuora  (OTCPK:AAPT) 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.

Kuora's Days Inventory for the three months ended in Sep. 2013 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2013 )/Cost of Goods Sold (Q: Sep. 2013 )*Days in Period
=0.419/0.767*365 / 4
=49.85

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.

Kuora's Inventory to Revenue for the quarter that ended in Sep. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2013 ) / Revenue (Q: Sep. 2013 )
=0.419 / 0.085
=4.93

* 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.

Kuora Inventory Turnover Related Terms

Kuora Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Kuora'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.

Kuora Inventory Turnover Chart

Kuora Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Inventory Turnover
Get a 7-Day Free Trial 0.00 0.00 1.46 0.43 0.02

Kuora Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
Inventory Turnover Get a 7-Day Free Trial 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 0.01 0.00 0.10 0.06 1.83

Kuora Inventory Turnover Calculation

Kuora's Inventory Turnover for the fiscal year that ended in Dec. 2012 is calculated as

Inventory Turnover (A: Dec. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2012 ) / ((Total Inventories (A: Dec. 2011 ) + Total Inventories (A: Dec. 2012 )) / count )
=0.011 / ((0 + 0.716) / 1 )
=0.011 / 0.716
=0.02

Kuora's Inventory Turnover for the quarter that ended in Sep. 2013 is calculated as

Inventory Turnover (Q: Sep. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2013 ) / ((Total Inventories (Q: Jun. 2013 ) + Total Inventories (Q: Sep. 2013 )) / count )
=0.767 / ((0.742 + 0.096) / 2 )
=0.767 / 0.419
=1.83

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 1.83 mean?
Kuora (AAPT) has a Inventory Turnover of 1.83 as of Sep. 2013. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Kuora and its competitors.
Is Kuora's Inventory Turnover too high?
Kuora's current Inventory Turnover is 1.83.
How does Kuora's Inventory Turnover compare to GLUC and HISP?
Kuora's Inventory Turnover of 1.83 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Business Services company?
A good Inventory Turnover depends on the Business Services industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Kuora and its competitors. Kuora's current Inventory Turnover is 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kuora stock overvalued right now?
Kuora (AAPT) has a current Inventory Turnover of 1.83. The current Inventory Turnover is 1.83. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Kuora (AAPT), the current Inventory Turnover is 1.83 as of Sep. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kuora Business Description

Address No.88 Nanguanzheng Street, 18th Floor-C29, Block E, Chang'an International, Xi An, CHN, 710068
Kuora Inc is focusing on the industrial technology service platform. It operates in two business segments. The first business segment is the Xiaohuangren Industrial Technology Service Platform, which mainly focuses on finding experts, information, and answers. Users need to pay for asking questions and finding experts from the platform, and the platform uses a commission method for the service and the second business is a settlement platform, through which enterprises pay fees to individuals, and the platform charges a certain service fee.