NASCON Allied Industries (NSA:NSLT) Inventory Turnover : 0.00 (As of . 20)

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What is NASCON Allied Industries 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. NASCON Allied Industries's Cost of Goods Sold for the three months ended in . 20 was ₦0.00 Mil. NASCON Allied Industries's Average Total Inventories for the quarter that ended in . 20 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.

NASCON Allied Industries Inventory Turnover Historical Data

The historical data trend for NASCON Allied Industries'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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NASCON Allied Industries Inventory Turnover Chart

NASCON Allied Industries Annual Data

Trend

Inventory Turnover

NASCON Allied Industries Quarterly Data

Inventory Turnover

NASCON Allied Industries Inventory Turnover Calculation

NASCON Allied Industries's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

	Inventory Turnover (A: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: . 20 )	/ (	(Total Inventories (A: . 20 )	+	Total Inventories (A: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

NASCON Allied Industries's Inventory Turnover for the quarter that ended in . 20 is calculated as

	Inventory Turnover (Q: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: . 20 )	/ (	(Total Inventories (Q: . 20 )	+	Total Inventories (Q: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

NASCON Allied Industries (NSA:NSLT) 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.

NASCON Allied Industries's Days Inventory for the three months ended in . 20 is calculated as:

Days Inventory	=	Average Total Inventories (Q: . 20 )	/	Cost of Goods Sold (Q: . 20 )	*	Days in Period
	=	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.

NASCON Allied Industries's Inventory to Revenue for the quarter that ended in . 20 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: . 20 )	/	Revenue (Q: . 20 )
	=	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.

NASCON Allied Industries Inventory Turnover Related Terms

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NASCON Allied Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » NASCON Allied Industries PLC (NSA:NSLT) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

1, Alfred Rewane Road Falomo, Ikoyi, Lagos, NGA

Website

http://www.nasconplc.com

NASCON Allied Industries PLC is engaged in the processing of raw salt into edible salt as well as the importation of petti tomato paste. It produces edible salt for industrial use and sachet salt. The company's brand series include Dan-Q Seasoning, Dangote Tomato Paste, and Dangote Salt.

NASCON Allied Industries Headlines

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