Aspire Capital Holding For Financial Investments (CAI:ASPI) Inventory Turnover: 0.38 (As of Jun. 2021)


CAI:ASPI Aspire Capital Holding For Financial Investments CAI:ASPI
8 GF Score
Price E£0.31
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What is Aspire Capital Holding For Financial Investments Inventory Turnover?

Aspire Capital Holding For Financial Investments CAI:ASPI -2.56% 8 Inventory Turnover is 0.38 as of Jun. 2021. GuruFocus rates CAI:ASPI with a GF Score™ of 8/100.

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. Aspire Capital Holding For Financial Investments's Cost of Goods Sold for the three months ended in Jun. 2021 was E£1,811 Mil. Aspire Capital Holding For Financial Investments's Average Total Inventories for the quarter that ended in Jun. 2021 was E£4,776 Mil. Aspire Capital Holding For Financial Investments's Inventory Turnover for the quarter that ended in Jun. 2021 was 0.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aspire Capital Holding For Financial Investments's Days Inventory for the three months ended in Jun. 2021 was 240.61.

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. Aspire Capital Holding For Financial Investments's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 2.13.

Aspire Capital Holding For Financial Investments  (CAI:ASPI) 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.

Aspire Capital Holding For Financial Investments's Days Inventory for the three months ended in Jun. 2021 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2021 )/Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=4775.551/1811.086*365 / 4
=240.61

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.

Aspire Capital Holding For Financial Investments's Inventory to Revenue for the quarter that ended in Jun. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=4775.551 / 2241.644
=2.13

* 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.

Aspire Capital Holding For Financial Investments Inventory Turnover Related Terms

Aspire Capital Holding For Financial Investments Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Aspire Capital Holding For Financial Investments'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.

Aspire Capital Holding For Financial Investments Inventory Turnover Chart

Aspire Capital Holding For Financial Investments Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.90 0.54 0.52 0.00 0.00

Aspire Capital Holding For Financial Investments Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 0.27 0.00 0.00 0.00 0.38
CAI:ASPI
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Aspire Capital Holding For Financial Investments CAI:ASPI
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Aspire Capital Holding For Financial Investments Inventory Turnover Calculation

Aspire Capital Holding For Financial Investments's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Inventory Turnover (A: Dec. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2020 ) / ((Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Aspire Capital Holding For Financial Investments's Inventory Turnover for the quarter that ended in Jun. 2021 is calculated as

Inventory Turnover (Q: Jun. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2021 ) / ((Total Inventories (Q: Mar. 2021 ) + Total Inventories (Q: Jun. 2021 )) / count )
=1811.086 / ((0 + 4775.551) / 1 )
=1811.086 / 4775.551
=0.38

* 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 0.38 mean?
Aspire Capital Holding For Financial Investments (CAI:ASPI) has a Inventory Turnover of 0.38 as of Jun. 2021. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Aspire Capital Holding For Financial Investments and its competitors.
Is Aspire Capital Holding For Financial Investments' Inventory Turnover too high?
Aspire Capital Holding For Financial Investments' current Inventory Turnover is 0.38. Overall, Aspire Capital Holding For Financial Investments has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Aspire Capital Holding For Financial Investments' Inventory Turnover compare to MS and SCHW?
Aspire Capital Holding For Financial Investments' Inventory Turnover of 0.38 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Inventory Turnover depends on the Capital Markets 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 Aspire Capital Holding For Financial Investments and its competitors. Aspire Capital Holding For Financial Investments's current Inventory Turnover is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspire Capital Holding For Financial Investments stock overvalued right now?
Aspire Capital Holding For Financial Investments (CAI:ASPI) has a current Inventory Turnover of 0.38. The current Inventory Turnover is 0.38. Aspire Capital Holding For Financial Investments' overall GF Score™ is 8/100. 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 Aspire Capital Holding For Financial Investments (CAI:ASPI), the current Inventory Turnover is 0.38 as of Jun. 2021. 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.

Aspire Capital Holding For Financial Investments Business Description

Address Sheraton Al Matar, El Nozha, Cairo, EGY, 4923+HJQ
Aspire Capital Holding For Financial Investments provides financial services. It offers its services to both retail and institutional investors. It provides brokerage services covering public and private sectors in restructuring, mergers, issuing of equity and debt capital, and market research. It also provides portfolio management services and financial investment consulting and updates.
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