Apex Tannery (DHA:APEXTANRY) Inventory Turnover: 0.00 (As of . 20)

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DHA:APEXTANRY Apex Tannery Ltd DHA:APEXTANRY
27 GF Score
Price BDT106.00
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What is Apex Tannery Inventory Turnover?

Apex Tannery DHA:APEXTANRY +0.19% 27 Inventory Turnover is 0.00 as of . 20. GuruFocus rates DHA:APEXTANRY with a GF Score™ of 27/100.

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. Apex Tannery's Cost of Goods Sold for the six months ended in . 20 was BDT0.00 Mil. Apex Tannery's Average Total Inventories for the quarter that ended in . 20 was BDT0.00 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.

Apex Tannery  (DHA:APEXTANRY) 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.

Apex Tannery'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.

Apex Tannery'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 /
=

* 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.

Apex Tannery Inventory Turnover Related Terms

Apex Tannery Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Apex Tannery'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.

Apex Tannery Inventory Turnover Chart

Apex Tannery Annual Data
Trend
Inventory Turnover

Apex Tannery Semi-Annual Data
Inventory Turnover
DHA:APEXTANRY
27GF Score
Apex Tannery Ltd DHA:APEXTANRY
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Apex Tannery Inventory Turnover Calculation

Apex Tannery'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

Apex Tannery'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

* 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?
Apex Tannery (DHA:APEXTANRY) has a Inventory Turnover of 0.00 as of . 20. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Apex Tannery and its competitors.
Is Apex Tannery's Inventory Turnover too high?
Apex Tannery's current Inventory Turnover is 0.00. Overall, Apex Tannery has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Apex Tannery's Inventory Turnover compare to competitors?
Apex Tannery's Inventory Turnover of 0.00 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Inventory Turnover depends on the Manufacturing - Apparel & Accessories 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 Apex Tannery and its competitors. Apex Tannery'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 Apex Tannery stock overvalued right now?
Apex Tannery (DHA:APEXTANRY) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Apex Tannery's overall GF Score™ is 27/100. 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 Apex Tannery (DHA:APEXTANRY), the current Inventory Turnover is 0.00 as of . 20. 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.

Apex Tannery Business Description

Address BSCIC Chamra Shilpa Nagari, Plot no. XA1, XA2, XA3 and XS8, Hirindhara, Hemayetpur, Savar, Dhaka, BGD, 1340
Apex Tannery Ltd is engaged in the business of manufacturing leather goods. The activities of the company include producing leather using Italian chemicals, technology which complies with fashion and specifications.
27GF Score

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

BDT106.00
Price