APHD (Apogee 21 Holdings) Inventory Turnover: 0.00 (As of Mar. 2016)


What is Apogee 21 Holdings Inventory Turnover?

Apogee 21 Holdings APHD Inventory Turnover is 0.00 as of Mar. 2016.

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. Apogee 21 Holdings's Cost of Goods Sold for the three months ended in Mar. 2016 was $0.00 Mil. Apogee 21 Holdings's Average Total Inventories for the quarter that ended in Mar. 2016 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. Apogee 21 Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2016 was 0.00.


Apogee 21 Holdings  (OTCPK:APHD) 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.

Apogee 21 Holdings's Days Inventory for the three months ended in Mar. 2016 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2016 )/Cost of Goods Sold (Q: Mar. 2016 )*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.

Apogee 21 Holdings's Inventory to Revenue for the quarter that ended in Mar. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2016 ) / Revenue (Q: Mar. 2016 )
=0 / 0.119
=0.00

* 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.


Apogee 21 Holdings Inventory Turnover Related Terms


Apogee 21 Holdings Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Apogee 21 Holdings'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.

Apogee 21 Holdings Inventory Turnover Chart

Apogee 21 Holdings Annual Data
Trend Apr05 Dec06 Dec07 Dec08 Dec09 Jun11 Jun12 Jun13 Jun14 Jun15
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Apogee 21 Holdings Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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

Apogee 21 Holdings Inventory Turnover Calculation

Apogee 21 Holdings's Inventory Turnover for the fiscal year that ended in Jun. 2015 is calculated as

Inventory Turnover (A: Jun. 2015 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2015 ) / ((Total Inventories (A: Jun. 2014 ) + Total Inventories (A: Jun. 2015 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Apogee 21 Holdings's Inventory Turnover for the quarter that ended in Mar. 2016 is calculated as

Inventory Turnover (Q: Mar. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2016 ) / ((Total Inventories (Q: Dec. 2015 ) + Total Inventories (Q: Mar. 2016 )) / 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?
Apogee 21 Holdings (APHD) has a Inventory Turnover of 0.00 as of Mar. 2016. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Apogee 21 Holdings and its competitors.
Is Apogee 21 Holdings' Inventory Turnover too high?
Apogee 21 Holdings' current Inventory Turnover is 0.00.
How does Apogee 21 Holdings' Inventory Turnover compare to RLTR and FPTA?
Apogee 21 Holdings' Inventory Turnover of 0.00 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Inventory Turnover depends on the Beverages - Alcoholic 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 Apogee 21 Holdings and its competitors. Apogee 21 Holdings'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 Apogee 21 Holdings stock overvalued right now?
Apogee 21 Holdings (APHD) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. 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 Apogee 21 Holdings (APHD), the current Inventory Turnover is 0.00 as of Mar. 2016. 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.

Apogee 21 Holdings Business Description

Address 4578 Carriage Lane, Las Vegas, NV, USA, 89119
Apogee 21 Holdings Inc is doing business as A21 Wine & Spirits, is a producer and marketer of craft spirits and wine. The company owns Monkey in Paradise Vodka, Andale Tequila, and Blue Nectar Tequila brands. It also has the sales agency for Zunte Mezcal and Finca Ferrer Wines from Argentina.