Lords and Company Worldwide Holdings (XCNQ:LRDS) Inventory Turnover: 0.00 (As of Aug. 2023)

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What is Lords and Company Worldwide Holdings Inventory Turnover?

Lords and Company Worldwide Holdings XCNQ:LRDS Inventory Turnover is 0.00 as of Aug. 2023.

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. Lords and Company Worldwide Holdings's Cost of Goods Sold for the three months ended in Aug. 2023 was C$0.00 Mil. Lords and Company Worldwide Holdings's Average Total Inventories for the quarter that ended in Aug. 2023 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.

Lords and Company Worldwide Holdings  (XCNQ:LRDS) 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.

Lords and Company Worldwide Holdings's Days Inventory for the three months ended in Aug. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Aug. 2023 )/Cost of Goods Sold (Q: Aug. 2023 )*Days in Period
=0/0*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.

Lords and Company Worldwide Holdings's Inventory to Revenue for the quarter that ended in Aug. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2023 ) / Revenue (Q: Aug. 2023 )
=0 / -0.308
=

* 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.

Lords and Company Worldwide Holdings Inventory Turnover Related Terms

Lords and Company Worldwide Holdings Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Lords and Company Worldwide Holdings'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.

Lords and Company Worldwide Holdings Inventory Turnover Chart

Lords and Company Worldwide Holdings Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Aug20 Nov21 Nov22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Lords and Company Worldwide Holdings Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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 0.00

Lords and Company Worldwide Holdings Inventory Turnover Calculation

Lords and Company Worldwide Holdings's Inventory Turnover for the fiscal year that ended in Nov. 2022 is calculated as

Inventory Turnover (A: Nov. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Nov. 2022 ) / ((Total Inventories (A: Nov. 2021 ) + Total Inventories (A: Nov. 2022 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Lords and Company Worldwide Holdings's Inventory Turnover for the quarter that ended in Aug. 2023 is calculated as

Inventory Turnover (Q: Aug. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Aug. 2023 ) / ((Total Inventories (Q: May. 2023 ) + Total Inventories (Q: Aug. 2023 )) / 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?
Lords and Company Worldwide Holdings (XCNQ:LRDS) has a Inventory Turnover of 0.00 as of Aug. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Lords and Company Worldwide Holdings and its competitors.
Is Lords and Company Worldwide Holdings' Inventory Turnover too high?
Lords and Company Worldwide Holdings' current Inventory Turnover is 0.00.
How does Lords and Company Worldwide Holdings' Inventory Turnover compare to ZTS and CTLT?
Lords and Company Worldwide Holdings' Inventory Turnover of 0.00 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Inventory Turnover depends on the Drug Manufacturers 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 Lords and Company Worldwide Holdings and its competitors. Lords and Company Worldwide Holdings'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 Lords and Company Worldwide Holdings stock overvalued right now?
Lords and Company Worldwide Holdings (XCNQ:LRDS) 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 Lords and Company Worldwide Holdings (XCNQ:LRDS), the current Inventory Turnover is 0.00 as of Aug. 2023. 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.

Lords and Company Worldwide Holdings Business Description

Address 409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
Lords and Company Worldwide Holdings Corp develops, produces, and markets lifestyle apparel and natural health products through its e-Commerce platform to retail, B2B and B2C, consumers in North America and Europe utilizing its proprietary direct-to-consumer platform. Through continuous strategic white labelling, Lords has a footprint in the nutraceutical product markets.