Venealternative (CAR:VNA.B) Inventory Turnover : 0.00 (As of . 20)

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What is Venealternative 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. Venealternative's Cost of Goods Sold for the six months ended in . 20 was VES0.00 Mil. Venealternative's Average Total Inventories for the quarter that ended in . 20 was VES0.00 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.

Venealternative Inventory Turnover Historical Data

The historical data trend for Venealternative'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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Venealternative Inventory Turnover Chart

Venealternative Annual Data

Trend

Inventory Turnover

Venealternative Semi-Annual Data

Inventory Turnover

Venealternative Inventory Turnover Calculation

Venealternative's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

	Inventory Turnover (A: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: . 20 )	/ (	(Total Inventories (A: . 20 )	+	Total Inventories (A: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Venealternative's Inventory Turnover for the quarter that ended in . 20 is calculated as

	Inventory Turnover (Q: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: . 20 )	/ (	(Total Inventories (Q: . 20 )	+	Total Inventories (Q: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Venealternative (CAR:VNA.B) 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.

Venealternative's Days Inventory for the six months ended in . 20 is calculated as:

Days Inventory	=	Average Total Inventories (Q: . 20 )	/	Cost of Goods Sold (Q: . 20 )	*	Days in Period
	=	0	/		*	365 / 2
	=

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.

Venealternative's Inventory to Revenue for the quarter that ended in . 20 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: . 20 )	/	Revenue (Q: . 20 )
	=	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.

Venealternative Inventory Turnover Related Terms

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Venealternative (CAR:VNA.B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Venealternative SA (CAR:VNA.B) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av. San Felipe, Centro, Coinasa, Floor 4, Office 43B, La Castellana, Caracas, VEN

Website

Venealternative SA is engaged in financial and business sector. Its objective is to raise resources through national and international capital markets to invest in different economic sectors and private companies in the country, with the purpose of offering real returns and becoming the savings vehicle for investors.

Venealternative (CAR:VNA.B) Headlines

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