ACGX (Alliance Creative Group) Inventory Turnover : 0.96 (As of Dec. 2018)

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What is Alliance Creative Group 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. Alliance Creative Group's Cost of Goods Sold for the three months ended in Dec. 2018 was $1.70 Mil. Alliance Creative Group's Average Total Inventories for the quarter that ended in Dec. 2018 was $1.76 Mil. Alliance Creative Group's Inventory Turnover for the quarter that ended in Dec. 2018 was 0.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alliance Creative Group's Days Inventory for the three months ended in Dec. 2018 was 94.82.

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. Alliance Creative Group's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 0.47.

Alliance Creative Group Inventory Turnover Historical Data

The historical data trend for Alliance Creative Group'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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Alliance Creative Group Inventory Turnover Chart

Alliance Creative Group Annual Data

Trend

Dec05

Dec06

Dec07

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Inventory Turnover

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7.27

6.14

5.33

9.81

6.64

Alliance Creative Group Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Inventory Turnover	Get a 7-Day Free Trial															2.46	2.58	1.45	1.40	0.96

Alliance Creative Group Inventory Turnover Calculation

Alliance Creative Group's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Inventory Turnover (A: Dec. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2018 )	/ (	(Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )
=	10.75	/ (	(1.535	+	1.702)	/	2 )
=	10.75	/	1.6185
=	6.64

Alliance Creative Group's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

	Inventory Turnover (Q: Dec. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2018 )	/ (	(Total Inventories (Q: Sep. 2018 )	+	Total Inventories (Q: Dec. 2018 ))	/	count )
=	1.698	/ (	(1.827	+	1.702)	/	2 )
=	1.698	/	1.7645
=	0.96

Alliance Creative Group (OTCPK:ACGX) 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.

Alliance Creative Group's Days Inventory for the three months ended in Dec. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2018 )	/	Cost of Goods Sold (Q: Dec. 2018 )	*	Days in Period
	=	1.7645	/	1.698	*	365 / 4
	=	94.82

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.

Alliance Creative Group's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2018 )	/	Revenue (Q: Dec. 2018 )
	=	1.7645	/	3.751
	=	0.47

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.

Alliance Creative Group Inventory Turnover Related Terms

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Alliance Creative Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Alliance Creative Group Inc (OTCPK:ACGX) » Definitions » Inventory Turnover

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Address

7366 North Lincoln Avenue, Suite 105, Lincolnwood, IL, USA, 60712

Website

https://www.alliancecreativegroup.com

Alliance Creative Group Inc up is a packaging solutions company focused on Retail Packaging and Packaging Management. It helps its clients from initial concept and packaging development through final production and managed inventory solutions. It is focused on flexible packaging, clear rigid packaging, folding cartons in the food and beverage industry, vendor-managed inventory supply chain services, and fulfillment.