Manganese Bronze Holdings (LSE:MNGS) Inventory Turnover: 0.00 (As of Jun. 2012)

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What is Manganese Bronze Holdings Inventory Turnover?

Manganese Bronze Holdings LSE:MNGS Inventory Turnover is 0.00 as of Jun. 2012.

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. Manganese Bronze Holdings's Cost of Goods Sold for the three months ended in Jun. 2012 was £0.00 Mil. Manganese Bronze Holdings's Average Total Inventories for the quarter that ended in Jun. 2012 was £21.66 Mil. Manganese Bronze Holdings's Inventory Turnover for the quarter that ended in Jun. 2012 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.

Manganese Bronze Holdings  (LSE:MNGS) 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.

Manganese Bronze Holdings's Days Inventory for the three months ended in Jun. 2012 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2012 )/Cost of Goods Sold (Q: Jun. 2012 )*Days in Period
=21.6595/0*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.

Manganese Bronze Holdings's Inventory to Revenue for the quarter that ended in Jun. 2012 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2012 ) / Revenue (Q: Jun. 2012 )
=21.6595 / 0
=

* 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.

Manganese Bronze Holdings Inventory Turnover Related Terms

Manganese Bronze Holdings Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Manganese Bronze Holdings'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.

Manganese Bronze Holdings Inventory Turnover Chart

Manganese Bronze Holdings Annual Data
Trend Jul02 Jul03 Jul04 Jul05 Jul06 Dec07 Dec08 Dec09 Dec10 Dec11
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.32 4.34 3.71 3.03 3.08

Manganese Bronze Holdings Quarterly Data
Jan02 Jan03 Jan04 Jan05 Jan06 Jan07 Jun08 Jun09 Jun10 Jun11 Jun12
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Manganese Bronze Holdings Inventory Turnover Calculation

Manganese Bronze Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2011 is calculated as

Inventory Turnover (A: Dec. 2011 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2011 ) / ((Total Inventories (A: Dec. 2010 ) + Total Inventories (A: Dec. 2011 )) / count )
=69.818 / ((25.336 + 20.04) / 2 )
=69.818 / 22.688
=3.08

Manganese Bronze Holdings's Inventory Turnover for the quarter that ended in Jun. 2012 is calculated as

Inventory Turnover (Q: Jun. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2012 ) / ((Total Inventories (Q: Jun. 2011 ) + Total Inventories (Q: Jun. 2012 )) / count )
=0 / ((19.823 + 23.496) / 2 )
=0 / 21.6595
=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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Manganese Bronze Holdings (LSE:MNGS) has a Inventory Turnover of 0.00 as of Jun. 2012. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Manganese Bronze Holdings and its competitors.
Is Manganese Bronze Holdings' Inventory Turnover too high?
Manganese Bronze Holdings' current Inventory Turnover is 0.00.
How does Manganese Bronze Holdings' Inventory Turnover compare to competitors?
Manganese Bronze Holdings' Inventory Turnover of 0.00 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Inventory Turnover depends on the Vehicles & Parts 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 Manganese Bronze Holdings and its competitors. Manganese Bronze Holdings'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 Manganese Bronze Holdings stock overvalued right now?
Manganese Bronze Holdings (LSE:MNGS) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. 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 Manganese Bronze Holdings (LSE:MNGS), the current Inventory Turnover is 0.00 as of Jun. 2012. 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.

Manganese Bronze Holdings Business Description

Manganese Bronze Holdings PLC provides automotive and taxi services in the UK. It is currently organised into three operating divisions - vehicle sales, vehicle services, and Shanghai LTI. The vehicle sales segment includes the design, development, assembly, and retailing of new purpose-built taxis, along with the sale of used vehicles taken in part exchange, parts, and vehicle maintenance. The vehicle services segment comprises taxi finance. The Shanghai LTI segment is the joint venture based in Shanghai, China, which assembles the London Taxi under license from the company. The company's operations are located in the United Kingdom and China.