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


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What is Fortune Shoes 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. 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 Inventory Turnover Historical Data

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.

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Fortune Shoes Inventory Turnover Chart

Fortune Shoes Annual Data
Trend
Inventory Turnover

Fortune Shoes Semi-Annual Data
Inventory Turnover

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.

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

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Fortune Shoes (DHA:FORTUNE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Fortune Shoes Ltd (DHA:FORTUNE) » Definitions » Inventory Turnover
Comparable Companies
BOM:530173 BOM:526115 BOM:512595 BOM:526525 BOM:526468 BOM:531680 XKLS:5189 WAR:PMA BOM:514412 WAR:SNW BOM:526481 BOM:530043 BOM:526849 BOM:513515 BOM:526161 BOM:532829 XKLS:7234 NSE:BCONCEPTS BOM:523842 XKLS:5172
Traded in Other Exchanges
N/A
Address
Road No. 08, Plot No. 34 & 36, Block E, Suite C-3, Moon Island, Gulshan-1, Niketon, Dhaka, BGD, 1212
Website
https://www.fortuneshoesbd.com
Fortune Shoes Ltd is engaged in manufacturing and exporting leather shoes and footwear.

Fortune Shoes (DHA:FORTUNE) Headlines

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