Afristrat Investment Holdings (JSE:ATI) Inventory Turnover : 0.00 (As of Sep. 2021)

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What is Afristrat Investment Holdings 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. Afristrat Investment Holdings's Cost of Goods Sold for the six months ended in Sep. 2021 was R0.05 Mil. Afristrat Investment Holdings's Average Total Inventories for the quarter that ended in Sep. 2021 was R0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Afristrat Investment Holdings's Days Inventory for the six months ended in Sep. 2021 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. Afristrat Investment Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2021 was 0.00.

Afristrat Investment Holdings Inventory Turnover Historical Data

The historical data trend for Afristrat Investment Holdings'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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Afristrat Investment Holdings Inventory Turnover Chart

Afristrat Investment Holdings Annual Data

Trend

Jun09

Jun10

Sep11

Dec12

Dec13

Dec14

Dec15

Mar18

Jun19

Mar21

Inventory Turnover

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4.74

12.16

43.38

199.24

278.77

Afristrat Investment Holdings Semi-Annual Data
	Jun05	Jun06	Jun08	Jun09	Jun10	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Sep17	Mar18	Dec18	Jun19	Dec19	Sep20	Mar21	Sep21
Inventory Turnover	Get a 7-Day Free Trial															70.45	178.55	-	-	-

Afristrat Investment Holdings Inventory Turnover Calculation

Afristrat Investment Holdings's Inventory Turnover for the fiscal year that ended in Mar. 2021 is calculated as

	Inventory Turnover (A: Mar. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2021 )	/ (	(Total Inventories (A: Jun. 2019 )	+	Total Inventories (A: Mar. 2021 ))	/	count )
=	62.166	/ (	(0.223	+	0)	/	1 )
=	62.166	/	0.223
=	278.77

Afristrat Investment Holdings's Inventory Turnover for the quarter that ended in Sep. 2021 is calculated as

	Inventory Turnover (Q: Sep. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2021 )	/ (	(Total Inventories (Q: Mar. 2021 )	+	Total Inventories (Q: Sep. 2021 ))	/	count )
=	0.054	/ (	(0	+	0)	/	1 )
=	0.054	/	0
=	N/A

Afristrat Investment Holdings (JSE:ATI) 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.

Afristrat Investment Holdings's Days Inventory for the six months ended in Sep. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2021 )	/	Cost of Goods Sold (Q: Sep. 2021 )	*	Days in Period
	=	0	/	0.054	*	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.

Afristrat Investment Holdings's Inventory to Revenue for the quarter that ended in Sep. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2021 )	/	Revenue (Q: Sep. 2021 )
	=	0	/	0.388
	=	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.

Afristrat Investment Holdings Inventory Turnover Related Terms

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Afristrat Investment Holdings Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Afristrat Investment Holdings Ltd (JSE:ATI) » Definitions » Inventory Turnover

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Address

43 Garsfontein Road, 1st Floor, The Wedge, Waterkloof, ZAF, 0145

Website

https://www.afristrat.ltd

Afristrat Investment Holdings Ltd is engaged in providing accounting services, taxation services, business consultancy services, digital marketing and funding services, and other strategic services.