Easy Lease Motor Cycle Rental PRJSC (ADX:EASYLEASE) Inventory Turnover : 0.00 (As of . 20)

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What is Easy Lease Motor Cycle Rental PRJSC 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. Easy Lease Motor Cycle Rental PRJSC's Cost of Goods Sold for the six months ended in . 20 was د.إ0.00 Mil. Easy Lease Motor Cycle Rental PRJSC's Average Total Inventories for the quarter that ended in . 20 was د.إ0.00 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.

Easy Lease Motor Cycle Rental PRJSC Inventory Turnover Historical Data

The historical data trend for Easy Lease Motor Cycle Rental PRJSC'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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Easy Lease Motor Cycle Rental PRJSC Inventory Turnover Chart

Easy Lease Motor Cycle Rental PRJSC Annual Data

Trend

Inventory Turnover

Easy Lease Motor Cycle Rental PRJSC Semi-Annual Data

Inventory Turnover

Easy Lease Motor Cycle Rental PRJSC Inventory Turnover Calculation

Easy Lease Motor Cycle Rental PRJSC's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

	Inventory Turnover (A: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: . 20 )	/ (	(Total Inventories (A: . 20 )	+	Total Inventories (A: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Easy Lease Motor Cycle Rental PRJSC's Inventory Turnover for the quarter that ended in . 20 is calculated as

	Inventory Turnover (Q: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: . 20 )	/ (	(Total Inventories (Q: . 20 )	+	Total Inventories (Q: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Easy Lease Motor Cycle Rental PRJSC (ADX:EASYLEASE) 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.

Easy Lease Motor Cycle Rental PRJSC's Days Inventory for the six months ended in . 20 is calculated as:

Days Inventory	=	Average Total Inventories (Q: . 20 )	/	Cost of Goods Sold (Q: . 20 )	*	Days in Period
	=	0	/		*	365 / 2
	=

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.

Easy Lease Motor Cycle Rental PRJSC's Inventory to Revenue for the quarter that ended in . 20 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: . 20 )	/	Revenue (Q: . 20 )
	=	0	/
	=

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.

Easy Lease Motor Cycle Rental PRJSC Inventory Turnover Related Terms

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Easy Lease Motor Cycle Rental PRJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Easy Lease Motor Cycle Rental PRJSC (ADX:EASYLEASE) » Definitions » Inventory Turnover

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Address

Al Nouf Tower 1004, Deira, P.O. Box 333367, Dubai, ARE

Website

https://www.easylease.ae

Easy Lease Motor Cycle Rental PRJSC is engaged in the business of motorcycle leasing. It offers a full-service, all-in motorcycle lease where clients pay as they go and not worry about the hassles of maintenance, upkeep, and overheads.

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