UMAX (Umax Group) Inventory Turnover: 0.00 (As of Apr. 2018)


What is Umax Group Inventory Turnover?

Umax Group UMAX -99.50% Inventory Turnover is 0.00 as of Apr. 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. Umax Group's Cost of Goods Sold for the six months ended in Apr. 2018 was $0.00 Mil. Umax Group's Average Total Inventories for the quarter that ended in Apr. 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. Umax Group's Inventory-to-Revenue for the quarter that ended in Apr. 2018 was 0.00.

Umax Group  (OTCPK:UMAX) 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.

Umax Group's Days Inventory for the six months ended in Apr. 2018 is calculated as:

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

Umax Group's Inventory to Revenue for the quarter that ended in Apr. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2018 ) / Revenue (Q: Apr. 2018 )
=0 / 0.004
=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.

Umax Group Inventory Turnover Related Terms

Umax Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Umax Group'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.

Umax Group Inventory Turnover Chart

Umax Group Annual Data
Trend Apr12 Apr13 Apr17 Apr18
Inventory Turnover
0.00 0.00 0.00 0.00

Umax Group Semi-Annual Data
Apr12 Apr13 Apr17 Apr18
Inventory Turnover 0.00 0.00 0.00 0.00

Umax Group Inventory Turnover Calculation

Umax Group's Inventory Turnover for the fiscal year that ended in Apr. 2018 is calculated as

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

Umax Group's Inventory Turnover for the quarter that ended in Apr. 2018 is calculated as

Inventory Turnover (Q: Apr. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Apr. 2018 ) / ((Total Inventories (Q: Apr. 2017 ) + Total Inventories (Q: Apr. 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?
Umax Group (UMAX) has a Inventory Turnover of 0.00 as of Apr. 2018. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Umax Group and its competitors.
Is Umax Group's Inventory Turnover too high?
Umax Group's current Inventory Turnover is 0.00.
How does Umax Group's Inventory Turnover compare to CSSEQ and NFLX?
Umax Group's Inventory Turnover of 0.00 can be compared against companies in the Media - Diversified 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 a Media - Diversified company?
A good Inventory Turnover depends on the Media - Diversified 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 Umax Group and its competitors. Umax Group'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 Umax Group stock overvalued right now?
Umax Group (UMAX) 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 Umax Group (UMAX), the current Inventory Turnover is 0.00 as of Apr. 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.

Umax Group Business Description

Address 2020 Bay Street, Los Angeles, CA, USA, 90012
Umax Group Corp is a media development company which is concentrated on producing its original content with the intent of selling that content to one of the many streaming companies such as Netflix, Hulu, Showtime, Disney plus etc. and having their own streaming platforms on website and YouTube channels.