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Numeral (JSE:GLI) Inventory Turnover : 0.00 (As of Nov. 2023)


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What is Numeral 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. Numeral's Cost of Goods Sold for the three months ended in Nov. 2023 was R0.00 Mil. Numeral's Average Total Inventories for the quarter that ended in Nov. 2023 was R0.00 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.


Numeral Inventory Turnover Historical Data

The historical data trend for Numeral'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.

Numeral Inventory Turnover Chart

Numeral Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Feb18 Feb19 Feb20 Feb21 Feb22
Inventory Turnover
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Numeral Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 Nov19 Feb20 Aug20 Nov20 Feb21 Aug21 Nov21 Feb22 Aug22 Nov22 Aug23 Nov23
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Numeral Inventory Turnover Calculation

Numeral's Inventory Turnover for the fiscal year that ended in Feb. 2022 is calculated as

Inventory Turnover (A: Feb. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Feb. 2022 ) / ((Total Inventories (A: Feb. 2021 ) + Total Inventories (A: Feb. 2022 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Numeral's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

Inventory Turnover (Q: Nov. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Nov. 2023 ) / ((Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Nov. 2023 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 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.


Numeral  (JSE:GLI) 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.

Numeral's Days Inventory for the three months ended in Nov. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Nov. 2023 )/Cost of Goods Sold (Q: Nov. 2023 )*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.

Numeral's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as

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


Numeral Inventory Turnover Related Terms

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Numeral (JSE:GLI) Business Description

Traded in Other Exchanges
Address
142, Mosque Road, Midlands, MUS
Go Life International PCC is an investment holding group. It is principally engaged in the distribution of health products including natural products, supplements, and cosmeceuticals.

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