Qiansui International Group Co (Qiansui International Group Co) Inventory Turnover : 0.00 (As of Sep. 2022)

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What is Qiansui International Group Co 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. Qiansui International Group Co's Cost of Goods Sold for the three months ended in Sep. 2022 was $0.00 Mil. Qiansui International Group Co's Average Total Inventories for the quarter that ended in Sep. 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.

Qiansui International Group Co Inventory Turnover Historical Data

The historical data trend for Qiansui International Group Co'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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Qiansui International Group Co Inventory Turnover Chart

Qiansui International Group Co Annual Data

Trend

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Dec21

Inventory Turnover

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Qiansui International Group Co Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Qiansui International Group Co Inventory Turnover Calculation

Qiansui International Group Co's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

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

Qiansui International Group Co's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

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

Qiansui International Group Co (OTCPK:QIAN) 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.

Qiansui International Group Co's Days Inventory for the three months ended in Sep. 2022 is calculated as:

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

Qiansui International Group Co's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

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

Qiansui International Group Co Inventory Turnover Related Terms

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Qiansui International Group Co (Qiansui International Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Qiansui International Group Co Ltd (OTCPK:QIAN) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

7th Floor, Naiten Building, No. 1, Six Li Oiao, Fentai District, Beijing, CHN, 100161

Website

http://

Qiansui International Group Co Ltd is a shell company.

Executives

Yu Yang	director, 10 percent owner, officer: Chairman, CEO & CFO	7TH FLOOR, NATION BUILDING, NO. 1, BEIJING F4 100161
Seamorri Financial Partners, Llc	10 percent owner	P.O. BOX 2123 STATION R, KELOWNA,B.C. VIX 4K5 A1 00000
Delbert Seabrook	director, 10 percent owner	P.O. BOX 2123 STATION R, KELOWNA,B.C. VIX 4K5 A1 00000
Robert Alexander Morrison	director, 10 percent owner	P.O. BOX 2123 STATION R, KELOWNA,B.C. VIX 4K5 A1 00000
Thomas Denunzio	10 percent owner	780 RESERVOIR AVENUE, #123, CRANSTON RI 02910

Qiansui International Group Co (Qiansui International Group Co) Headlines

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