Sunburst Acquisitions V (Sunburst Acquisitions V) Inventory Turnover : 0.00 (As of Dec. 2018)

View and export this data going back to 2019. Start your Free Trial

What is Sunburst Acquisitions V 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. Sunburst Acquisitions V's Cost of Goods Sold for the three months ended in Dec. 2018 was $-1.13 Mil. Sunburst Acquisitions V's Average Total Inventories for the quarter that ended in Dec. 2018 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.

Sunburst Acquisitions V Inventory Turnover Historical Data

The historical data trend for Sunburst Acquisitions V'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.

Sunburst Acquisitions V Inventory Turnover Chart

Sunburst Acquisitions V Annual Data

Trend

Dec16

Dec17

Dec18

Inventory Turnover

Sunburst Acquisitions V Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Inventory Turnover	Get a 7-Day Free Trial				-	-	-	-	-

Sunburst Acquisitions V Inventory Turnover Calculation

Sunburst Acquisitions V's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Inventory Turnover (A: Dec. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2018 )	/ (	(Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Sunburst Acquisitions V's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

	Inventory Turnover (Q: Dec. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2018 )	/ (	(Total Inventories (Q: Sep. 2018 )	+	Total Inventories (Q: Dec. 2018 ))	/	count )
=	-1.128	/ (	(0	+	0)	/	1 )
=	-1.128	/	0
=	N/A

Sunburst Acquisitions V (GREY:SGIL) 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.

Sunburst Acquisitions V's Days Inventory for the three months ended in Dec. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2018 )	/	Cost of Goods Sold (Q: Dec. 2018 )	*	Days in Period
	=	0	/	-1.128	*	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.

Sunburst Acquisitions V's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2018 )	/	Revenue (Q: Dec. 2018 )
	=	0	/	-1.56
	=

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.

Sunburst Acquisitions V Inventory Turnover Related Terms

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

Sunburst Acquisitions V (Sunburst Acquisitions V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sunburst Acquisitions V Inc (GREY:SGIL) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Des Voeux Road, World-Wide House, Room 2305A, 23rd Floor, Central, Hong Kong, HKG

Website

Sunburst Acquisitions V Inc through its direct and indirect wholly owned subsidiaries is in the business of providing import custom clearing services in the Guangdong province in the People's Republic of China. The company generates revenue from the Import and Customs Clearance Service and Trading. It ceases its business.

Sunburst Acquisitions V (Sunburst Acquisitions V) Headlines

No Headlines