GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Aspermont Ltd (ASX:ASP) » Definitions » Inventory Turnover

Aspermont (ASX:ASP) Inventory Turnover : 0.00 (As of Sep. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Aspermont 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. Aspermont's Cost of Goods Sold for the six months ended in Sep. 2023 was A$4.30 Mil. Aspermont's Average Total Inventories for the quarter that ended in Sep. 2023 was A$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aspermont's Days Inventory for the six months ended in Sep. 2023 was 0.00.

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. Aspermont's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.


Aspermont Inventory Turnover Historical Data

The historical data trend for Aspermont'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.

* Premium members only.

Aspermont Inventory Turnover Chart

Aspermont Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Aspermont Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - - -

Aspermont Inventory Turnover Calculation

Aspermont's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Inventory Turnover (A: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2023 ) / ((Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count )
=8.183 / ((0 + 0) / 1 )
=8.183 / 0
=N/A

Aspermont's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover (Q: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2023 ) / ((Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count )
=4.302 / ((0 + 0) / 1 )
=4.302 / 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.


Aspermont  (ASX:ASP) 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.

Aspermont's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=0/4.302*365 / 2
=0.00

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.

Aspermont's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0 / 9.884
=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.


Aspermont Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Aspermont's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Aspermont (ASX:ASP) Business Description

Traded in Other Exchanges
Address
613- 619 Wellington Street, Perth, WA, AUS, 6000
Aspermont Ltd is a publishing company. Business operating segments include; Media services-advertising and events, XaaS- media subscriptions and related services, and Data- mainly lead generation activity. The Publishing segment derives subscription, advertising, and sponsorship revenues from print and online publications and holding conferences in trade sectors including mining, agriculture, energy, and technology sector. It also derives revenue from B to B lead generation activity it undertakes on behalf of clients utilising its contacts database. The firm mainly operates within Australia and in the United Kingdom. Geographically, it derives a majority of its revenue from Apac and also has a presence in Europe; America, and other countries.

Aspermont (ASX:ASP) Headlines