AZRH (Azure Holding Group) Inventory Turnover: 0.00 (As of Nov. 2013)


What is Azure Holding Group Inventory Turnover?

Azure Holding Group AZRH -16.15% Inventory Turnover is 0.00 as of Nov. 2013.

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. Azure Holding Group's Cost of Goods Sold for the three months ended in Nov. 2013 was $0.00 Mil. Azure Holding Group's Average Total Inventories for the quarter that ended in Nov. 2013 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.

Azure Holding Group  (OTCPK:AZRH) 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.

Azure Holding Group's Days Inventory for the three months ended in Nov. 2013 is calculated as:

Days Inventory =Average Total Inventories (Q: Nov. 2013 )/Cost of Goods Sold (Q: Nov. 2013 )*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.

Azure Holding Group's Inventory to Revenue for the quarter that ended in Nov. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2013 ) / Revenue (Q: Nov. 2013 )
=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.

Azure Holding Group Inventory Turnover Related Terms

Azure Holding Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Azure Holding 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.

Azure Holding Group Inventory Turnover Chart

Azure Holding Group Annual Data
Trend Aug12 Aug13
Inventory Turnover
0.00 1.00

Azure Holding Group Quarterly Data
Aug12 Nov12 Feb13 May13 Aug13 Nov13
Inventory Turnover Get a 7-Day Free Trial 1.00 0.00 0.00 0.00 0.00

Azure Holding Group Inventory Turnover Calculation

Azure Holding Group's Inventory Turnover for the fiscal year that ended in Aug. 2013 is calculated as

Inventory Turnover (A: Aug. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Aug. 2013 ) / ((Total Inventories (A: Aug. 2012 ) + Total Inventories (A: Aug. 2013 )) / count )
=0.008 / ((0.008 + 0) / 1 )
=0.008 / 0.008
=1.00

Azure Holding Group's Inventory Turnover for the quarter that ended in Nov. 2013 is calculated as

Inventory Turnover (Q: Nov. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Nov. 2013 ) / ((Total Inventories (Q: Aug. 2013 ) + Total Inventories (Q: Nov. 2013 )) / 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?
Azure Holding Group (AZRH) has a Inventory Turnover of 0.00 as of Nov. 2013. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Azure Holding Group and its competitors.
Is Azure Holding Group's Inventory Turnover too high?
Azure Holding Group's current Inventory Turnover is 0.00.
How does Azure Holding Group's Inventory Turnover compare to MGPC and LAKF?
Azure Holding 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 Azure Holding Group and its competitors. Azure Holding 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 Azure Holding Group stock overvalued right now?
Azure Holding Group (AZRH) 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 Azure Holding Group (AZRH), the current Inventory Turnover is 0.00 as of Nov. 2013. 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.

Azure Holding Group Business Description

Address 408 Boonesville Bend, Suite 209, Argyle, TX, USA, 76226
Azure Holding Group Corp is a shell company.