Strategic Asset Leasing (Strategic Asset Leasing) Inventory Turnover : 0.00 (As of Dec. 2092)

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What is Strategic Asset Leasing 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. Strategic Asset Leasing's Cost of Goods Sold for the three months ended in Dec. 2092 was $0.00 Mil. Strategic Asset Leasing's Average Total Inventories for the quarter that ended in Dec. 2092 was $0.10 Mil. Strategic Asset Leasing's Inventory Turnover for the quarter that ended in Dec. 2092 was 0.00.

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.

Strategic Asset Leasing Inventory Turnover Historical Data

The historical data trend for Strategic Asset Leasing'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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Strategic Asset Leasing Inventory Turnover Chart

Strategic Asset Leasing Annual Data

Trend

Dec89

Dec90

Dec91

Dec92

Inventory Turnover

3.50

1.33

Strategic Asset Leasing Quarterly Data
	Mar89	Jun89	Sep89	Dec89	Mar90	Jun90	Sep90	Dec90	Mar91	Jun91	Sep91	Dec91	Mar92	Jun92	Sep92	Dec92
Inventory Turnover	Get a 7-Day Free Trial											-	-	-	-	-

Strategic Asset Leasing Inventory Turnover Calculation

Strategic Asset Leasing's Inventory Turnover for the fiscal year that ended in Dec. 2092 is calculated as

	Inventory Turnover (A: Dec. 2092 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2092 )	/ (	(Total Inventories (A: Dec. 2091 )	+	Total Inventories (A: Dec. 2092 ))	/	count )
=	0	/ (	(0.1	+	0.1)	/	2 )
=	0	/	0.1
=	0.00

Strategic Asset Leasing's Inventory Turnover for the quarter that ended in Dec. 2092 is calculated as

	Inventory Turnover (Q: Dec. 2092 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2092 )	/ (	(Total Inventories (Q: Sep. 2092 )	+	Total Inventories (Q: Dec. 2092 ))	/	count )
=	0	/ (	(0	+	0.1)	/	1 )
=	0	/	0.1
=	0.00

Strategic Asset Leasing (OTCPK:LEAS) 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.

Strategic Asset Leasing's Days Inventory for the three months ended in Dec. 2092 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2092 )	/	Cost of Goods Sold (Q: Dec. 2092 )	*	Days in Period
	=	0.1	/	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.

Strategic Asset Leasing's Inventory to Revenue for the quarter that ended in Dec. 2092 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2092 )	/	Revenue (Q: Dec. 2092 )
	=	0.1	/	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.

Strategic Asset Leasing Inventory Turnover Related Terms

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Strategic Asset Leasing (Strategic Asset Leasing) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Strategic Asset Leasing Inc (OTCPK:LEAS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

13576 Walnut Street, Suite A, Omaha, NE, USA, 68144

Website

https://www.anewmeds.com

Strategic Asset Leasing Inc is a United States-based development stage company. It is principally focused on the business activities to engage in the leasing and rental of general and miscellaneous business equipment.