Kemiao Garment Holding Group (Kemiao Garment Holding Group) Inventory Turnover : 0.00 (As of Sep. 2020)

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What is Kemiao Garment Holding 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. Kemiao Garment Holding Group's Cost of Goods Sold for the three months ended in Sep. 2020 was $0.00 Mil. Kemiao Garment Holding Group's Average Total Inventories for the quarter that ended in Sep. 2020 was $0.00 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.

Kemiao Garment Holding Group Inventory Turnover Historical Data

The historical data trend for Kemiao Garment Holding 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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Kemiao Garment Holding Group Inventory Turnover Chart

Kemiao Garment Holding Group Annual Data

Trend

Oct09

Dec10

Dec18

Dec19

Inventory Turnover

91.71

Kemiao Garment Holding Group Quarterly Data
	Jan09	Jul09	Oct09	Jan10	Apr10	Sep10	Dec10	Mar11	Jun11	Sep11	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Inventory Turnover	Get a 7-Day Free Trial														-	-	-	-	-

Kemiao Garment Holding Group Inventory Turnover Calculation

Kemiao Garment Holding Group's Inventory Turnover for the fiscal year that ended in Dec. 2019 is calculated as

	Inventory Turnover (A: Dec. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2019 )	/ (	(Total Inventories (A: Dec. 2018 )	+	Total Inventories (A: Dec. 2019 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Kemiao Garment Holding Group's Inventory Turnover for the quarter that ended in Sep. 2020 is calculated as

	Inventory Turnover (Q: Sep. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2020 )	/ (	(Total Inventories (Q: Jun. 2020 )	+	Total Inventories (Q: Sep. 2020 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Kemiao Garment Holding Group (OTCPK:KMGH) 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.

Kemiao Garment Holding Group's Days Inventory for the three months ended in Sep. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2020 )	/	Cost of Goods Sold (Q: Sep. 2020 )	*	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.

Kemiao Garment Holding Group's Inventory to Revenue for the quarter that ended in Sep. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2020 )	/	Revenue (Q: Sep. 2020 )
	=	0	/	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.

Kemiao Garment Holding Group Inventory Turnover Related Terms

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Kemiao Garment Holding Group (Kemiao Garment Holding Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Kemiao Garment Holding Group (OTCPK:KMGH) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

528 Pudong South Road, 16th Floor, North Tower, Shanghai, CHN, 200120

Website

http://www.aivtech.com

Kemiao Garment Holding Group is intending to engage in the business of technology integration and ecology.

Kemiao Garment Holding Group (Kemiao Garment Holding Group) Headlines

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