Vividend Management Group (JSE:VIF) Inventory Turnover : 0.00 (As of Feb. 2014)

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What is Vividend Management 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. Vividend Management Group's Cost of Goods Sold for the six months ended in Feb. 2014 was R50.2 Mil. Vividend Management Group's Average Total Inventories for the quarter that ended in Feb. 2014 was R0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vividend Management Group's Days Inventory for the six months ended in Feb. 2014 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. Vividend Management Group's Inventory-to-Revenue for the quarter that ended in Feb. 2014 was 0.00.

Vividend Management Group Inventory Turnover Historical Data

The historical data trend for Vividend Management 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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Vividend Management Group Inventory Turnover Chart

Vividend Management Group Annual Data

Trend

Aug11

Aug12

Aug13

Inventory Turnover

Vividend Management Group Semi-Annual Data
	Feb11	Feb12	Feb13	Feb14
Inventory Turnover	-	-	-	-

Vividend Management Group Inventory Turnover Calculation

Vividend Management Group's Inventory Turnover for the fiscal year that ended in Aug. 2013 is calculated as

	Inventory Turnover (A: Aug. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Aug. 2013 )	/ (	(Total Inventories (A: Aug. 2012 )	+	Total Inventories (A: Aug. 2013 ))	/	count )
=	41.706	/ (	(0	+	0)	/	1 )
=	41.706	/	0
=	N/A

Vividend Management Group's Inventory Turnover for the quarter that ended in Feb. 2014 is calculated as

	Inventory Turnover (Q: Feb. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2014 )	/ (	(Total Inventories (Q: Feb. 2013 )	+	Total Inventories (Q: Feb. 2014 ))	/	count )
=	50.152	/ (	(0	+	0)	/	1 )
=	50.152	/	0
=	N/A

Vividend Management Group (JSE:VIF) 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.

Vividend Management Group's Days Inventory for the six months ended in Feb. 2014 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2014 )	/	Cost of Goods Sold (Q: Feb. 2014 )	*	Days in Period
	=	0	/	50.152	*	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.

Vividend Management Group's Inventory to Revenue for the quarter that ended in Feb. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2014 )	/	Revenue (Q: Feb. 2014 )
	=	0	/	241.588
	=	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.

Vividend Management Group Inventory Turnover Related Terms

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Vividend Management Group (JSE:VIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vividend Management Group (JSE:VIF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Website

http://www.vividend.co.za

Vividend Management Group was incorporated on 17 February 2010. It is a real estate investment trust ( REIT). The Company's portfolio consists of investments in assets and opportunities within the various property sectors in South Africa and abroad with primary focus on the retail, commercial, industrial and office sectors. The Company own a portfolio of 22 properties providing 223 444 square metres of retail and commercial space.

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