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

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What is Azure Holding Group 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. 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 Inventory Turnover Historical Data

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.

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Azure Holding Group Inventory Turnover Chart

Azure Holding Group Annual Data

Trend

Aug12

Aug13

Inventory Turnover

1.00

Azure Holding Group Quarterly Data
	Nov12	Feb13	May13	Aug13	Nov13
Inventory Turnover	-	-	-	-	-

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

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
	=

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

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Azure Holding Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Azure Holding Group Corp (OTCPK:AZRH) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

26060 Acero, Suite 209, Mission Viejo, CA, USA, 92619

Website

https://www.azureholdinggroup.com

Azure Holding Group Corp is engaged in the gaming and advertising business as well as leveraging blockchain technologies and Artificial Intelligence cryptocurrency monetization. The company also involved in the mining business mostly in gold. Its assets are situated in the Southwest region of the United States and in Northwest Mexico.

Azure Holding Group Headlines

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