GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » LSEB Creative Corp (OTCPK:LSEB) » Definitions » Inventory Turnover

LSEB (LSEB Creative) Inventory Turnover : 0.01 (As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is LSEB Creative 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. LSEB Creative's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.00 Mil. LSEB Creative's Average Total Inventories for the quarter that ended in Sep. 2024 was $0.13 Mil. LSEB Creative's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LSEB Creative's Days Inventory for the three months ended in Sep. 2024 was 11,543.13.

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. LSEB Creative's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 42.17.


LSEB Creative Inventory Turnover Historical Data

The historical data trend for LSEB Creative'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.

* Premium members only.

LSEB Creative Inventory Turnover Chart

LSEB Creative Annual Data
Trend Mar22 Mar23 Mar24
Inventory Turnover
- - 0.01

LSEB Creative Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.01 0.01 0.02 0.01

LSEB Creative Inventory Turnover Calculation

LSEB Creative's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Inventory Turnover (A: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2024 ) / ((Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count )
=0.001 / ((0.004 + 0.13) / 2 )
=0.001 / 0.067
=0.01

LSEB Creative'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 )
=0.001 / ((0.127 + 0.126) / 2 )
=0.001 / 0.1265
=0.01

* 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.


LSEB Creative  (OTCPK:LSEB) 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.

LSEB Creative'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
=0.1265/0.001*365 / 4
=11,543.13

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.

LSEB Creative'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 )
=0.1265 / 0.003
=42.17

* 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.


LSEB Creative Inventory Turnover Related Terms

Thank you for viewing the detailed overview of LSEB Creative's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


LSEB Creative Business Description

Traded in Other Exchanges
N/A
Address
30 N. Gould Street, Suite 4000, Sheridan, WY, USA, 82801
LSEB Creative Corp is a specialty retailer that offers men and women elevated swimwear designs constructed with the highest quality materials and techniques. The company designs products that offer superior fit, performance, and comfort while incorporating both function and fashionability.