Gold Entertainment Group (Gold Entertainment Group) Inventory Turnover : 0.00 (As of Jan. 2018)

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What is Gold Entertainment Group 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. Gold Entertainment Group's Cost of Goods Sold for the three months ended in Jan. 2018 was $0.00 Mil. Gold Entertainment Group's Average Total Inventories for the quarter that ended in Jan. 2018 was $0.00 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.

Gold Entertainment Group Inventory Turnover Historical Data

The historical data trend for Gold Entertainment 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.

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Gold Entertainment Group Inventory Turnover Chart

Gold Entertainment Group Annual Data

Trend

Jan02

Jan03

Jan04

Jan16

Jan17

Jan18

Inventory Turnover

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Gold Entertainment Group Quarterly Data
	Oct01	Jan02	Apr02	Jul02	Oct02	Jan03	Apr03	Jul03	Oct03	Jan04	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18
Inventory Turnover	Get a 7-Day Free Trial														-	-	-	-	-

Gold Entertainment Group Inventory Turnover Calculation

Gold Entertainment Group's Inventory Turnover for the fiscal year that ended in Jan. 2018 is calculated as

	Inventory Turnover (A: Jan. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2018 )	/ (	(Total Inventories (A: Jan. 2017 )	+	Total Inventories (A: Jan. 2018 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Gold Entertainment Group's Inventory Turnover for the quarter that ended in Jan. 2018 is calculated as

	Inventory Turnover (Q: Jan. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2018 )	/ (	(Total Inventories (Q: Oct. 2017 )	+	Total Inventories (Q: Jan. 2018 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Gold Entertainment Group (OTCPK:GEGP) 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.

Gold Entertainment Group's Days Inventory for the three months ended in Jan. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2018 )	/	Cost of Goods Sold (Q: Jan. 2018 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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.

Gold Entertainment Group's Inventory to Revenue for the quarter that ended in Jan. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2018 )	/	Revenue (Q: Jan. 2018 )
	=	0	/	0
	=

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.

Gold Entertainment Group Inventory Turnover Related Terms

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Gold Entertainment Group (Gold Entertainment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Gold Entertainment Group Inc (OTCPK:GEGP) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

2412 Irwin Street, Melbourne, FL, USA, 32901

Website

https://www.goldentertainment.com

Gold Entertainment Group Inc is engaged in the entertainment business including television shows and distribution.

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