ADAD (Huaizhong Health Group) Inventory Turnover: 0.00 (As of Jan. 2023)


ADAD Huaizhong Health Group Inc ADAD
34 GF Score
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What is Huaizhong Health Group Inventory Turnover?

Huaizhong Health Group ADAD 34 Inventory Turnover is 0.00 as of Jan. 2023. GuruFocus rates ADAD with a GF Score™ of 34/100.

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. Huaizhong Health Group's Cost of Goods Sold for the three months ended in Jan. 2023 was $0.00 Mil. Huaizhong Health Group's Average Total Inventories for the quarter that ended in Jan. 2023 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.


Huaizhong Health Group  (OTCPK:ADAD) 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.

Huaizhong Health Group's Days Inventory for the three months ended in Jan. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Jan. 2023 )/Cost of Goods Sold (Q: Jan. 2023 )*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.

Huaizhong Health Group's Inventory to Revenue for the quarter that ended in Jan. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2023 ) / Revenue (Q: Jan. 2023 )
=0 / 0
=

* 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.


Huaizhong Health Group Inventory Turnover Related Terms


Huaizhong Health Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Huaizhong Health 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.

Huaizhong Health Group Inventory Turnover Chart

Huaizhong Health Group Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Huaizhong Health Group Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 0.00 0.00 0.00 0.00 0.00
ADAD
34GF Score
Huaizhong Health Group Inc ADAD
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Huaizhong Health Group Inventory Turnover Calculation

Huaizhong Health Group's Inventory Turnover for the fiscal year that ended in Oct. 2022 is calculated as

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

Huaizhong Health Group's Inventory Turnover for the quarter that ended in Jan. 2023 is calculated as

Inventory Turnover (Q: Jan. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jan. 2023 ) / ((Total Inventories (Q: Oct. 2022 ) + Total Inventories (Q: Jan. 2023 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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 0.00 mean?
Huaizhong Health Group (ADAD) has a Inventory Turnover of 0.00 as of Jan. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Huaizhong Health Group and its competitors.
Is Huaizhong Health Group's Inventory Turnover too high?
Huaizhong Health Group's current Inventory Turnover is 0.00. Overall, Huaizhong Health Group has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Huaizhong Health Group's Inventory Turnover compare to AMRR and NLSC?
Huaizhong Health Group's Inventory Turnover of 0.00 can be compared against companies in the Diversified Financial 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 Diversified Financial Services company?
A good Inventory Turnover depends on the Diversified Financial 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 Huaizhong Health Group and its competitors. Huaizhong Health Group's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huaizhong Health Group stock overvalued right now?
Huaizhong Health Group (ADAD) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Huaizhong Health Group's overall GF Score™ is 34/100. 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 Huaizhong Health Group (ADAD), the current Inventory Turnover is 0.00 as of Jan. 2023. 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.

Huaizhong Health Group Business Description

Address 555 Panyu North Avenue, 13th Floor, Headquarters Center Building 16, Tianan Technology Park, Panyu District, Guangzhou, CHN, 523857
Huaizhong Health Group Inc is a shell company. It is, however, seeking to identify, locate, and, if warranted, acquire new commercial opportunities.
34GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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