Santo Mining (Santo Mining) Inventory Turnover : 0.00 (As of Jul. 2015)

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What is Santo Mining 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. Santo Mining's Cost of Goods Sold for the six months ended in Jul. 2015 was $0.00 Mil. Santo Mining's Average Total Inventories for the quarter that ended in Jul. 2015 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.

Santo Mining Inventory Turnover Historical Data

The historical data trend for Santo Mining'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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Santo Mining Inventory Turnover Chart

Santo Mining Annual Data

Trend

Jul10

Jul11

Jul12

Jul13

Jul14

Inventory Turnover

Santo Mining Semi-Annual Data
	Jul10	Jul11	Jul12	Jul13	Jul14	Jul15
Inventory Turnover	Get a 7-Day Free Trial			-	-	-	-	-

Santo Mining Inventory Turnover Calculation

Santo Mining's Inventory Turnover for the fiscal year that ended in Jul. 2014 is calculated as

	Inventory Turnover (A: Jul. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2014 )	/ (	(Total Inventories (A: Jul. 2013 )	+	Total Inventories (A: Jul. 2014 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Santo Mining's Inventory Turnover for the quarter that ended in Jul. 2015 is calculated as

	Inventory Turnover (Q: Jul. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jul. 2015 )	/ (	(Total Inventories (Q: Jul. 2014 )	+	Total Inventories (Q: Jul. 2015 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Santo Mining (OTCPK:SANP) 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.

Santo Mining's Days Inventory for the six months ended in Jul. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jul. 2015 )	/	Cost of Goods Sold (Q: Jul. 2015 )	*	Days in Period
	=	0	/	0	*	365 / 2
	=

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.

Santo Mining's Inventory to Revenue for the quarter that ended in Jul. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jul. 2015 )	/	Revenue (Q: Jul. 2015 )
	=	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.

Santo Mining Inventory Turnover Related Terms

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Santo Mining (Santo Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Santo Mining Corp (OTCPK:SANP) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

848 Biscayne Boulevard, PH5, Miami, FL, USA, 33133

Website

https://www.santoblockchain.com

Santo Mining Corp is a Wyoming corporation and its wholly owned subsidiaries is a vertically integrated blockchain and cryptocurrency company that manages, operates, and develops end-to-end "BaaS" Blockchain-as-a-Service, similar to software-as-a-service, blockchain as a service lets businesses get applications up and running with minimal hassle.