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Futuris Co (Futuris Co) Inventory Turnover : 0.00 (As of Jul. 2020)


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What is Futuris Co 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. Futuris Co's Cost of Goods Sold for the six months ended in Jul. 2020 was $0.85 Mil. Futuris Co's Average Total Inventories for the quarter that ended in Jul. 2020 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Futuris Co's Days Inventory for the six months ended in Jul. 2020 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. Futuris Co's Inventory-to-Revenue for the quarter that ended in Jul. 2020 was 0.00.


Futuris Co Inventory Turnover Historical Data

The historical data trend for Futuris Co'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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Futuris Co Inventory Turnover Chart

Futuris Co Annual Data
Trend Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Jul20
Inventory Turnover
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Futuris Co Semi-Annual Data
Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Jul20
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Futuris Co Inventory Turnover Calculation

Futuris Co's Inventory Turnover for the fiscal year that ended in Jul. 2020 is calculated as

Inventory Turnover (A: Jul. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jul. 2020 ) / ((Total Inventories (A: Mar. 2004 ) + Total Inventories (A: Jul. 2020 )) / count )
=0.852 / ((0 + 0) / 1 )
=0.852 / 0
=N/A

Futuris Co's Inventory Turnover for the quarter that ended in Jul. 2020 is calculated as

Inventory Turnover (Q: Jul. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jul. 2020 ) / ((Total Inventories (Q: Mar. 2004 ) + Total Inventories (Q: Jul. 2020 )) / count )
=0.852 / ((0 + 0) / 1 )
=0.852 / 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.


Futuris Co  (OTCPK:FTRS) 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.

Futuris Co's Days Inventory for the six months ended in Jul. 2020 is calculated as:

Days Inventory =Average Total Inventories (Q: Jul. 2020 )/Cost of Goods Sold (Q: Jul. 2020 )*Days in Period
=0/0.852*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.

Futuris Co's Inventory to Revenue for the quarter that ended in Jul. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2020 ) / Revenue (Q: Jul. 2020 )
=0 / 1.042
=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.


Futuris Co Inventory Turnover Related Terms

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Futuris Co (Futuris Co) Business Description

Traded in Other Exchanges
N/A
Address
22 Baltimore Road, Rockville, MD, USA, 20850
Futuris Co is a Human Capital Management (HCM) company focused on the acquisition and operation of executive search, staffing, and consulting companies that are specialized in professional service verticals such as medical, accounting/finance, information technology, recruitment process outsourcing (RPO), and human resources. The company is committed to building a staffing company through targeted and accretive acquisitions and operational efficiencies.