VIBI (Vilacto Bio) Inventory Turnover : 0.03 (As of Jun. 2019)

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What is Vilacto Bio 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. Vilacto Bio's Cost of Goods Sold for the three months ended in Jun. 2019 was $0.00 Mil. Vilacto Bio's Average Total Inventories for the quarter that ended in Jun. 2019 was $0.12 Mil. Vilacto Bio's Inventory Turnover for the quarter that ended in Jun. 2019 was 0.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vilacto Bio's Days Inventory for the three months ended in Jun. 2019 was 2,737.50.

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. Vilacto Bio's Inventory-to-Revenue for the quarter that ended in Jun. 2019 was 24.00.

Vilacto Bio Inventory Turnover Historical Data

The historical data trend for Vilacto Bio'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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Vilacto Bio Inventory Turnover Chart

Vilacto Bio Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Inventory Turnover

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0.04

Vilacto Bio Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Inventory Turnover	Get a 7-Day Free Trial															-	0.01	-	0.02	0.03

Vilacto Bio Inventory Turnover Calculation

Vilacto Bio's Inventory Turnover for the fiscal year that ended in Mar. 2019 is calculated as

	Inventory Turnover (A: Mar. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2019 )	/ (	(Total Inventories (A: Mar. 2018 )	+	Total Inventories (A: Mar. 2019 ))	/	count )
=	0.004	/ (	(0.1	+	0.119)	/	2 )
=	0.004	/	0.1095
=	0.04

Vilacto Bio's Inventory Turnover for the quarter that ended in Jun. 2019 is calculated as

	Inventory Turnover (Q: Jun. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2019 )	/ (	(Total Inventories (Q: Mar. 2019 )	+	Total Inventories (Q: Jun. 2019 ))	/	count )
=	0.004	/ (	(0.119	+	0.121)	/	2 )
=	0.004	/	0.12
=	0.03

Vilacto Bio (GREY:VIBI) 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.

Vilacto Bio's Days Inventory for the three months ended in Jun. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2019 )	/	Cost of Goods Sold (Q: Jun. 2019 )	*	Days in Period
	=	0.12	/	0.004	*	365 / 4
	=	2,737.50

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.

Vilacto Bio's Inventory to Revenue for the quarter that ended in Jun. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2019 )	/	Revenue (Q: Jun. 2019 )
	=	0.12	/	0.005
	=	24.00

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.

Vilacto Bio Inventory Turnover Related Terms

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Vilacto Bio Business Description

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Address

Fabriksvej 48, Suite 2607, The Seagram Building, Naestved, DNK, 4700

Website

https://www.vilacto.com

Vilacto Bio Inc is a biotech company. It operates a fully patented Lactoactive molecule for treating conditions such as inflammatory diseases, diabetics, psoriasis, and skin issues in different levels. The company is also intended to develop Lactoactive molecule for increasing the quality of its retail and medical skin cream product as well as developing products for medical applications. Its product portfolio includes lotions, skin care creams and gels, lip balms, foot creams and oils, and others.