SME Leasing (KAR:SLL) Inventory Turnover: 0.00 (As of Sep. 2024)

What is SME Leasing Inventory Turnover?

SME Leasing KAR:SLL 2 Inventory Turnover is 0.00 as of Sep. 2024. GuruFocus rates KAR:SLL with a GF Score™ of 2/100.

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. SME Leasing's Cost of Goods Sold for the three months ended in Sep. 2024 was ₨15.84 Mil. SME Leasing's Average Total Inventories for the quarter that ended in Sep. 2024 was ₨0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SME Leasing's Days Inventory for the three months ended in Sep. 2024 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. SME Leasing's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.

SME Leasing (KAR:SLL) 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.

SME Leasing's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	0	/	15.841	*	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.

SME Leasing's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	0	/	1.677
	=	0.00

* 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.

SME Leasing Inventory Turnover Related Terms

SME Leasing Inventory Turnover Historical Data

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The historical data trend for SME Leasing's Inventory Turnover can be seen below:

SME Leasing Inventory Turnover Chart

SME Leasing Annual Data

Trend

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Dec23

Inventory Turnover

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0.00

SME Leasing Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

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SME Leasing Inventory Turnover Calculation

SME Leasing'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 )
=	61.327	/ (	(0	+	0)	/	1 )
=	61.327	/	0
=	N/A

SME Leasing's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	15.841	/ (	(0	+	0)	/	1 )
=	15.841	/	0
=	N/A

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.00 mean?

SME Leasing (KAR:SLL) has a Inventory Turnover of 0.00 as of Sep. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on SME Leasing and its competitors.

Is SME Leasing's Inventory Turnover too high?

SME Leasing's current Inventory Turnover is 0.00. Overall, SME Leasing has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.

How does SME Leasing's Inventory Turnover compare to V and MA?

SME Leasing's Inventory Turnover of 0.00 can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for a Credit Services company?

A good Inventory Turnover depends on the Credit Services industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on SME Leasing and its competitors. SME Leasing's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is SME Leasing stock overvalued right now?

SME Leasing (KAR:SLL) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. SME Leasing's overall GF Score™ is 2/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For SME Leasing (KAR:SLL), the current Inventory Turnover is 0.00 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SME Leasing Business Description

Industry Financial Services Credit Services

Comparable Companies KAR:PIM V MA AXP PYPL COF BOM:500034 DFS IST:QNBFK SYF BOM:543257 BOM:532810 SOFI BOM:532955 NSE:SHRIRAMFIN NSE:CHOLAFIN ALLY BOM:533398 TSE:8593 BOM:543066

Address Shahra-e-Faisal, Office No. 304, 3rd Floor, Business Arcade, Karachi, PAK

Website http://www.smelease.com

SME Leasing Ltd along with its subsidiaries is engaged in resolving, advising, and supporting the financial needs of small as well as medium size businessmen, traders, professionals, and educationists. The company's product profile includes SME Automobile, SME Cash Support, SME Machine Plus, SME Power Plus and SME Medical Equip. Its segments are finance lease, loans and receivables and investments.

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