Rumm Financial Brokerage (AMM:RUMI) Inventory Turnover : 0.00 (As of . 20)

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What is Rumm Financial Brokerage 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. Rumm Financial Brokerage's Cost of Goods Sold for the six months ended in . 20 was JOD0.00 Mil. Rumm Financial Brokerage's Average Total Inventories for the quarter that ended in . 20 was JOD0.00 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.

Rumm Financial Brokerage Inventory Turnover Historical Data

The historical data trend for Rumm Financial Brokerage'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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Rumm Financial Brokerage Inventory Turnover Chart

Rumm Financial Brokerage Annual Data

Trend

Inventory Turnover

Rumm Financial Brokerage Semi-Annual Data

Inventory Turnover

Rumm Financial Brokerage Inventory Turnover Calculation

Rumm Financial Brokerage'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

Rumm Financial Brokerage'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

Rumm Financial Brokerage (AMM:RUMI) 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.

Rumm Financial Brokerage'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.

Rumm Financial Brokerage'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.

Rumm Financial Brokerage Inventory Turnover Related Terms

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Rumm Financial Brokerage Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Rumm Financial Brokerage (AMM:RUMI) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

King Hussein Street, Building No. 264, Fifth Floor, P.O. Box No. 2729, Amman, JOR, 11953

Website

https://www.ruminvest.com

Rumm Financial Brokerage is a brokerage and advisor service firm. The objective of the company is to provide investment advisory and financial markets research services.

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