Fortune Shoes (DHA:FORTUNE) Inventory Turnover: 0.00 (As of . 20)


DHA:FORTUNE Fortune Shoes Ltd DHA:FORTUNE
28 GF Score
Price BDT18.50
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What is Fortune Shoes Inventory Turnover?

Fortune Shoes DHA:FORTUNE +9.47% 28 Inventory Turnover is 0.00 as of . 20. GuruFocus rates DHA:FORTUNE with a GF Score™ of 28/100.

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. Fortune Shoes's Cost of Goods Sold for the six months ended in . 20 was BDT0.00 Mil. Fortune Shoes'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.

Fortune Shoes  (DHA:FORTUNE) 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.

Fortune Shoes'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.

Fortune Shoes'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.

Fortune Shoes Inventory Turnover Related Terms

Fortune Shoes Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Fortune Shoes'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.

Fortune Shoes Inventory Turnover Chart

Fortune Shoes Annual Data
Trend
Inventory Turnover

Fortune Shoes Semi-Annual Data
Inventory Turnover
DHA:FORTUNE
28GF Score
Fortune Shoes Ltd DHA:FORTUNE
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortune Shoes Inventory Turnover Calculation

Fortune Shoes'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

Fortune Shoes'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?
Fortune Shoes (DHA:FORTUNE) 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 Fortune Shoes and its competitors.
Is Fortune Shoes' Inventory Turnover too high?
Fortune Shoes' current Inventory Turnover is 0.00. Overall, Fortune Shoes has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Fortune Shoes' Inventory Turnover compare to competitors?
Fortune Shoes' 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 Fortune Shoes and its competitors. Fortune Shoes'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 Fortune Shoes stock overvalued right now?
Fortune Shoes (DHA:FORTUNE) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Fortune Shoes' overall GF Score™ is 28/100. 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 Fortune Shoes (DHA:FORTUNE), 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.

Fortune Shoes Business Description

Address Road No. 08, Plot No. 34 & 36, Block E, Suite C-3, Moon Island, Gulshan-1, Niketon, Dhaka, BGD, 1212
Fortune Shoes Ltd is engaged in manufacturing and exporting leather shoes and footwear.
28GF Score

Get the complete analysis for DHA:FORTUNE

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

BDT18.50
Price