DAZSF (Da Ai Zhi Shui International Holding Group) Inventory Turnover: 0.00 (As of May. 2023)

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DAZSF Da Ai Zhi Shui International Holding Group Ltd DAZSF
23 GF Score
Price $0.22
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What is Da Ai Zhi Shui International Holding Group Inventory Turnover?

Da Ai Zhi Shui International Holding Group DAZSF +145.67% 23 Inventory Turnover is 0.00 as of May. 2023. GuruFocus rates DAZSF with a GF Score™ of 23/100.

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. Da Ai Zhi Shui International Holding Group's Cost of Goods Sold for the six months ended in May. 2023 was $3.43 Mil. Da Ai Zhi Shui International Holding Group's Average Total Inventories for the quarter that ended in May. 2023 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Da Ai Zhi Shui International Holding Group's Days Inventory for the six months ended in May. 2023 was 0.00.

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. Da Ai Zhi Shui International Holding Group's Inventory-to-Revenue for the quarter that ended in May. 2023 was 0.00.


Da Ai Zhi Shui International Holding Group  (OTCPK:DAZSF) 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.

Da Ai Zhi Shui International Holding Group's Days Inventory for the six months ended in May. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: May. 2023 )/Cost of Goods Sold (Q: May. 2023 )*Days in Period
=0/3.43*365 / 2
=0.00

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.

Da Ai Zhi Shui International Holding Group's Inventory to Revenue for the quarter that ended in May. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: May. 2023 ) / Revenue (Q: May. 2023 )
=0 / 3.79
=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.


Da Ai Zhi Shui International Holding Group Inventory Turnover Related Terms


Da Ai Zhi Shui International Holding Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Da Ai Zhi Shui International 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.

Da Ai Zhi Shui International Holding Group Inventory Turnover Chart

Da Ai Zhi Shui International Holding Group Annual Data
Trend May21 May22 May23
Inventory Turnover
0.00 0.00 0.00

Da Ai Zhi Shui International Holding Group Semi-Annual Data
May21 May22 May23
Inventory Turnover 0.00 0.00 0.00
DAZSF
23GF Score
Da Ai Zhi Shui International Holding Group Ltd DAZSF
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Da Ai Zhi Shui International Holding Group Inventory Turnover Calculation

Da Ai Zhi Shui International Holding Group's Inventory Turnover for the fiscal year that ended in May. 2023 is calculated as

Inventory Turnover (A: May. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: May. 2023 ) / ((Total Inventories (A: May. 2022 ) + Total Inventories (A: May. 2023 )) / count )
=3.43 / ((0 + 0) / 1 )
=3.43 / 0
=N/A

Da Ai Zhi Shui International Holding Group's Inventory Turnover for the quarter that ended in May. 2023 is calculated as

Inventory Turnover (Q: May. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: May. 2023 ) / ((Total Inventories (Q: May. 2022 ) + Total Inventories (Q: May. 2023 )) / count )
=3.43 / ((0 + 0) / 1 )
=3.43 / 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?
Da Ai Zhi Shui International Holding Group (DAZSF) has a Inventory Turnover of 0.00 as of May. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Da Ai Zhi Shui International Holding Group and its competitors.
Is Da Ai Zhi Shui International Holding Group's Inventory Turnover too high?
Da Ai Zhi Shui International Holding Group's current Inventory Turnover is 0.00. Overall, Da Ai Zhi Shui International Holding Group has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Da Ai Zhi Shui International Holding Group's Inventory Turnover compare to NVVE and SPEV?
Da Ai Zhi Shui International Holding Group's Inventory Turnover of 0.00 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Inventory Turnover depends on the Retail - Cyclical 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 Da Ai Zhi Shui International Holding Group and its competitors. Da Ai Zhi Shui International 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 Da Ai Zhi Shui International Holding Group stock overvalued right now?
Da Ai Zhi Shui International Holding Group (DAZSF) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Da Ai Zhi Shui International Holding Group's overall GF Score™ is 23/100. 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 Da Ai Zhi Shui International Holding Group (DAZSF), the current Inventory Turnover is 0.00 as of May. 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.

Da Ai Zhi Shui International Holding Group Business Description

Address No. 3 Hoi Shing Road, Workshop A2, 25th Floor, TML Tower, Tsuen Wan, Hong Kong, HKG
Da Ai Zhi Shui International Holding Group Ltd , formerly ZKGC New Energy Ltd provides management and operations consulting services.
23GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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