ULNV (Porter Holding International) Inventory Turnover: 0.67 (As of Mar. 2022)

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ULNV Porter Holding International Inc ULNV
12 GF Score
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What is Porter Holding International Inventory Turnover?

Porter Holding International ULNV 12 Inventory Turnover is 0.67 as of Mar. 2022. GuruFocus rates ULNV with a GF Score™ of 12/100.

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. Porter Holding International's Cost of Goods Sold for the three months ended in Mar. 2022 was $0.00 Mil. Porter Holding International's Average Total Inventories for the quarter that ended in Mar. 2022 was $0.01 Mil. Porter Holding International's Inventory Turnover for the quarter that ended in Mar. 2022 was 0.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Porter Holding International's Days Inventory for the three months ended in Mar. 2022 was 136.88.

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. Porter Holding International's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.23.

Porter Holding International  (OTCPK:ULNV) 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.

Porter Holding International's Days Inventory for the three months ended in Mar. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2022 )/Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=0.006/0.004*365 / 4
=136.88

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.

Porter Holding International's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=0.006 / 0.026
=0.23

* 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.

Porter Holding International Inventory Turnover Related Terms

Porter Holding International Inventory Turnover Historical Data

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The historical data trend for Porter Holding International'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.

Porter Holding International Inventory Turnover Chart

Porter Holding International Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21
Inventory Turnover
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Porter Holding International Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.67
ULNV
12GF Score
Porter Holding International Inc ULNV
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Porter Holding International Inventory Turnover Calculation

Porter Holding International'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 )
=0.055 / ((0 + 0) / 1 )
=0.055 / 0
=N/A

Porter Holding International's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover (Q: Mar. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2022 ) / ((Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Mar. 2022 )) / count )
=0.004 / ((0 + 0.006) / 1 )
=0.004 / 0.006
=0.67

* 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 0.67 mean?
Porter Holding International (ULNV) has a Inventory Turnover of 0.67 as of Mar. 2022. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Porter Holding International and its competitors.
Is Porter Holding International's Inventory Turnover too high?
Porter Holding International's current Inventory Turnover is 0.67. Overall, Porter Holding International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Porter Holding International's Inventory Turnover compare to FC and RGP?
Porter Holding International's Inventory Turnover of 0.67 can be compared against companies in the Education 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 Education company?
A good Inventory Turnover depends on the Education 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 Porter Holding International and its competitors. Porter Holding International's current Inventory Turnover is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Porter Holding International stock overvalued right now?
Porter Holding International (ULNV) has a current Inventory Turnover of 0.67. The current Inventory Turnover is 0.67. Porter Holding International's overall GF Score™ is 12/100. 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 Porter Holding International (ULNV), the current Inventory Turnover is 0.67 as of Mar. 2022. 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.

Porter Holding International Business Description

Address No. 2010, Renmin South Road, 36th Floor, Shenzhen Development Center, Luohu District, Guangdong, Shenzhen, CHN, 518001
Porter Holding International Inc focuses its business as an O2O (Online to Offline) business platform operator covering both online E-commerce and offline commercial chain entity of three-dimensional synchronous operation together with integrated comprehensive services for merchant clients, service income from organizing and delivering an event and forum, and third-party payment service. The company also provides investment and corporate management consulting services to its clients.
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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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