Astoria Investments (JSE:ARA) Inventory Turnover : 0.00 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Astoria Investments 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. Astoria Investments's Cost of Goods Sold for the three months ended in Dec. 2023 was R1.94 Mil. Astoria Investments's Average Total Inventories for the quarter that ended in Dec. 2023 was R0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Astoria Investments's Days Inventory for the three months ended in Dec. 2023 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. Astoria Investments's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Astoria Investments Inventory Turnover Historical Data

The historical data trend for Astoria Investments'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.

* Premium members only.

Astoria Investments Inventory Turnover Chart

Astoria Investments Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

Astoria Investments Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Astoria Investments Inventory Turnover Calculation

Astoria Investments's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	7.975	/ (	(0	+	0)	/	1 )
=	7.975	/	0
=	N/A

Astoria Investments's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	1.937	/ (	(0	+	0)	/	1 )
=	1.937	/	0
=	N/A

Astoria Investments (JSE:ARA) 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.

Astoria Investments's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0	/	1.937	*	365 / 4
	=	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.

Astoria Investments's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0	/	7.49
	=	0.00

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.

Astoria Investments Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Astoria Investments's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Astoria Investments (JSE:ARA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Astoria Investments Ltd (JSE:ARA) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Black River Road, 1st Floor, Block 18, Uniciti Office Park, Bambous, MUS, 90522

Website

https://www.astoria.mu

Astoria Investments Ltd is an investment company. Its objective is to achieve USD capital appreciation over the medium to long term by investing in, equity-dominated holdings of direct, high-quality listed businesses. The company's geographical location is split between the United States, Europe, the United Kingdom, Australia, South Africa, and Mauritius.