Canso Select Opportunities Fund (TSX:SCW.UN) Inventory Turnover: 0.00 (As of Jun. 2018)


What is Canso Select Opportunities Fund Inventory Turnover?

Canso Select Opportunities Fund TSX:SCW.UN Inventory Turnover is 0.00 as of Jun. 2018.

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. Canso Select Opportunities Fund's Cost of Goods Sold for the six months ended in Jun. 2018 was C$0.00 Mil. Canso Select Opportunities Fund's Average Total Inventories for the quarter that ended in Jun. 2018 was C$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. Canso Select Opportunities Fund's Inventory-to-Revenue for the quarter that ended in Jun. 2018 was 0.00.

Canso Select Opportunities Fund  (TSX:SCW.UN) 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.

Canso Select Opportunities Fund's Days Inventory for the six months ended in Jun. 2018 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2018 )/Cost of Goods Sold (Q: Jun. 2018 )*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.

Canso Select Opportunities Fund's Inventory to Revenue for the quarter that ended in Jun. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2018 ) / Revenue (Q: Jun. 2018 )
=0 / 0.643
=0.00

* 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.

Canso Select Opportunities Fund Inventory Turnover Related Terms

Canso Select Opportunities Fund Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Canso Select Opportunities Fund'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.

Canso Select Opportunities Fund Inventory Turnover Chart

Canso Select Opportunities Fund Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17
Inventory Turnover
0.00 0.00 0.00 0.00 0.00

Canso Select Opportunities Fund Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Canso Select Opportunities Fund Inventory Turnover Calculation

Canso Select Opportunities Fund's Inventory Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Inventory Turnover (A: Dec. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2017 ) / ((Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Canso Select Opportunities Fund's Inventory Turnover for the quarter that ended in Jun. 2018 is calculated as

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

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Canso Select Opportunities Fund (TSX:SCW.UN) has a Inventory Turnover of 0.00 as of Jun. 2018. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Canso Select Opportunities Fund and its competitors.
Is Canso Select Opportunities Fund's Inventory Turnover too high?
Canso Select Opportunities Fund's current Inventory Turnover is 0.00.
How does Canso Select Opportunities Fund's Inventory Turnover compare to competitors?
Canso Select Opportunities Fund's Inventory Turnover of 0.00 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for an Asset Management company?
A good Inventory Turnover depends on the Asset Management industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Canso Select Opportunities Fund and its competitors. Canso Select Opportunities Fund's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canso Select Opportunities Fund stock overvalued right now?
Canso Select Opportunities Fund (TSX:SCW.UN) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Canso Select Opportunities Fund (TSX:SCW.UN), the current Inventory Turnover is 0.00 as of Jun. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Canso Select Opportunities Fund Business Description

Address 4000 - 3080 Yonge Street, Toronto, ON, CAN, M4N 3N1
Canso Select Opportunities Fund is a Canadian closed-end investment fund which seeks to maximize total returns for unitholders and provide attractive monthly cash distributions. The fund invests in an actively managed and diversified portfolio of corporate bonds and equities. The revenue generated by the company includes interest, dividend, accrued interest, income on investment and other income.