We Buy Cars Holding (JSE:WBC) Inventory Turnover : 0.00 (As of . 20)

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What is We Buy Cars Holding 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. We Buy Cars Holding's Cost of Goods Sold for the three months ended in . 20 was R0 Mil. We Buy Cars Holding's Average Total Inventories for the quarter that ended in . 20 was R0 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.

We Buy Cars Holding Inventory Turnover Historical Data

The historical data trend for We Buy Cars Holding'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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We Buy Cars Holding Inventory Turnover Chart

We Buy Cars Holding Annual Data

Trend

Mar21

Sep23

Inventory Turnover

12.61

We Buy Cars Holding Quarterly Data
	Sep23
Inventory Turnover	-

We Buy Cars Holding Inventory Turnover Calculation

We Buy Cars Holding's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Mar. 2021 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	17592.187	/ (	(604.33	+	2186.891)	/	2 )
=	17592.187	/	1395.6105
=	12.61

We Buy Cars Holding's Inventory Turnover for the quarter that ended in . 20 is calculated as

	Inventory Turnover (Q: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: . 20 )	/ (	(Total Inventories (Q: . 20 )	+	Total Inventories (Q: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

We Buy Cars Holding (JSE:WBC) 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.

We Buy Cars Holding's Days Inventory for the three months ended in . 20 is calculated as:

Days Inventory	=	Average Total Inventories (Q: . 20 )	/	Cost of Goods Sold (Q: . 20 )	*	Days in Period
	=	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.

We Buy Cars Holding's Inventory to Revenue for the quarter that ended in . 20 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: . 20 )	/	Revenue (Q: . 20 )
	=	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.

We Buy Cars Holding Inventory Turnover Related Terms

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