Leader Hill (Leader Hill) Inventory Turnover : 0.00 (As of Aug. 2022)

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What is Leader Hill 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. Leader Hill's Cost of Goods Sold for the three months ended in Aug. 2022 was $0.00 Mil. Leader Hill's Average Total Inventories for the quarter that ended in Aug. 2022 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. Leader Hill's Inventory-to-Revenue for the quarter that ended in Aug. 2022 was 0.00.

Leader Hill Inventory Turnover Historical Data

The historical data trend for Leader Hill'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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Leader Hill Inventory Turnover Chart

Leader Hill Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Inventory Turnover

Leader Hill Quarterly Data
	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Leader Hill Inventory Turnover Calculation

Leader Hill's Inventory Turnover for the fiscal year that ended in Nov. 2021 is calculated as

	Inventory Turnover (A: Nov. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Nov. 2021 )	/ (	(Total Inventories (A: Nov. 2020 )	+	Total Inventories (A: Nov. 2021 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Leader Hill's Inventory Turnover for the quarter that ended in Aug. 2022 is calculated as

	Inventory Turnover (Q: Aug. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Aug. 2022 )	/ (	(Total Inventories (Q: May. 2022 )	+	Total Inventories (Q: Aug. 2022 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Leader Hill (OTCPK:LHIL) 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.

Leader Hill's Days Inventory for the three months ended in Aug. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Aug. 2022 )	/	Cost of Goods Sold (Q: Aug. 2022 )	*	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.

Leader Hill's Inventory to Revenue for the quarter that ended in Aug. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Aug. 2022 )	/	Revenue (Q: Aug. 2022 )
	=	0	/	0.001
	=	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.

Leader Hill Inventory Turnover Related Terms

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Leader Hill (Leader Hill) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Leader Hill Corp (OTCPK:LHIL) » Definitions » Inventory Turnover

Comparable Companies

AGNY TSE:9252 TSE:7922 XPAR:MLV4S JSE:ATI TSE:7369 ASX:MIL SGX:40W TSE:9087 HKSE:00309

Traded in Other Exchanges

N/A

Address

Room 0701, Unit 2, Building 11, Shui’an Xindu, Coastal Industrial Base, Liaoning Province, Yingkou, CHN, 115000

Website

http://www.leaderhill.com

Leader Hill Corp operates in the industry of business consulting that intends to assist start-up to mid-size companies in the East Asia region, with a focus on mainland China and Hong Kong. Its core services are divided into four categories: company formation, corporate secretarial and administration, accounting and bookkeeping, and general business consulting services.

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