CAVG (ACC Aviation Holdings) Inventory Turnover: 0.00 (As of Sep. 2023)

What is ACC Aviation Holdings Inventory Turnover?

ACC Aviation Holdings CAVG 12 Inventory Turnover is 0.00 as of Sep. 2023. GuruFocus rates CAVG with a GF Score™ of 12/100.

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. ACC Aviation Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.00 Mil. ACC Aviation Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 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. ACC Aviation Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

ACC Aviation Holdings (OTCPK:CAVG) 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.

ACC Aviation Holdings's Days Inventory for the three 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	/	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.

ACC Aviation Holdings'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	/	0.021
	=	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.

ACC Aviation Holdings Inventory Turnover Related Terms

ACC Aviation Holdings Inventory Turnover Historical Data

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The historical data trend for ACC Aviation Holdings's Inventory Turnover can be seen below:

ACC Aviation Holdings Inventory Turnover Chart

ACC Aviation Holdings Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec17

Dec18

Dec19

Inventory Turnover

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1.60

1.21

0.00

ACC Aviation Holdings Quarterly Data
	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Sep22	Sep23
Inventory Turnover	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

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ACC Aviation Holdings Ltd CAVG

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ACC Aviation Holdings Inventory Turnover Calculation

ACC Aviation Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2019 is calculated as

	Inventory Turnover (A: Dec. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2019 )	/ (	(Total Inventories (A: Dec. 2018 )	+	Total Inventories (A: Dec. 2019 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

ACC Aviation Holdings'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: Sep. 2022 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.00 mean?

ACC Aviation Holdings (CAVG) has a Inventory Turnover of 0.00 as of Sep. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on ACC Aviation Holdings and its competitors.

Is ACC Aviation Holdings' Inventory Turnover too high?

ACC Aviation Holdings' current Inventory Turnover is 0.00. Overall, ACC Aviation Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does ACC Aviation Holdings' Inventory Turnover compare to THCP and IXAQ?

ACC Aviation Holdings' 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 ACC Aviation Holdings and its competitors. ACC Aviation Holdings'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 ACC Aviation Holdings stock overvalued right now?

ACC Aviation Holdings (CAVG) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. ACC Aviation Holdings' overall GF Score™ is 12/100. 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 ACC Aviation Holdings (CAVG), the current Inventory Turnover is 0.00 as of Sep. 2023. 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.

ACC Aviation Holdings Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies THCP IXAQ TBMC BOWN CNDA PPYA NNAG CSLM DSAQ AFJK CVII AACT ANSC NETD CCIX GPAT ALF IPXX HYAC CUB

Address 2B Cracroft Street, Parnell, Auckland, NTL, NZL, 1052

Website https://www.elgato.com

ACC Aviation Holdings Ltd currently provides business consulting services.

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