Harold Otabil Research And Development Systems (XGHA:HORDS) Inventory Turnover: 0.00 (As of . 20)

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What is Harold Otabil Research And Development Systems Inventory Turnover?

Harold Otabil Research And Development Systems XGHA:HORDS +10.00% Inventory Turnover is 0.00 as of . 20.

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. Harold Otabil Research And Development Systems's Cost of Goods Sold for the six months ended in . 20 was GHS0.00 Mil. Harold Otabil Research And Development Systems's Average Total Inventories for the quarter that ended in . 20 was GHS0.00 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.

Harold Otabil Research And Development Systems (XGHA:HORDS) 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.

Harold Otabil Research And Development Systems's Days Inventory for the six months ended in . 20 is calculated as:

Days Inventory	=	Average Total Inventories (Q: . 20 )	/	Cost of Goods Sold (Q: . 20 )	*	Days in Period
	=	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.

Harold Otabil Research And Development Systems's Inventory to Revenue for the quarter that ended in . 20 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: . 20 )	/	Revenue (Q: . 20 )
	=	0	/
	=

* 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.

Harold Otabil Research And Development Systems Inventory Turnover Related Terms

Harold Otabil Research And Development Systems Inventory Turnover Historical Data

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The historical data trend for Harold Otabil Research And Development Systems's Inventory Turnover can be seen below:

Harold Otabil Research And Development Systems Inventory Turnover Chart

Harold Otabil Research And Development Systems Annual Data

Trend

Inventory Turnover

Harold Otabil Research And Development Systems Semi-Annual Data

Inventory Turnover

Harold Otabil Research And Development Systems Inventory Turnover Calculation

Harold Otabil Research And Development Systems's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

	Inventory Turnover (A: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: . 20 )	/ (	(Total Inventories (A: . 20 )	+	Total Inventories (A: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Harold Otabil Research And Development Systems's Inventory Turnover for the quarter that ended in . 20 is calculated as

	Inventory Turnover (Q: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: . 20 )	/ (	(Total Inventories (Q: . 20 )	+	Total Inventories (Q: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.00 mean?

Harold Otabil Research And Development Systems (XGHA:HORDS) has a Inventory Turnover of 0.00 as of . 20. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Harold Otabil Research And Development Systems and its competitors.

Is Harold Otabil Research And Development Systems' Inventory Turnover too high?

Harold Otabil Research And Development Systems' current Inventory Turnover is 0.00.

How does Harold Otabil Research And Development Systems' Inventory Turnover compare to ?

Harold Otabil Research And Development Systems' Inventory Turnover of 0.00 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?

A good Inventory Turnover depends on the Consumer Packaged Goods 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 Harold Otabil Research And Development Systems and its competitors. Harold Otabil Research And Development Systems'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 Harold Otabil Research And Development Systems stock overvalued right now?

Harold Otabil Research And Development Systems (XGHA:HORDS) 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 Harold Otabil Research And Development Systems (XGHA:HORDS), the current Inventory Turnover is 0.00 as of . 20. 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.

Harold Otabil Research And Development Systems Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies

Address Old GNTC Road Kanda, Behind Presidential Palace, Accra, GHA

Website http://www.hordslimitedgh.com

Harold Otabil Research And Development Systems Ltd is an agro-processing company that adds value to the various agricultural products such as cocoa, cassava, soya and other non-food products in Ghana. The company manufactures food and beverages, food supplements, detergents & laundry products; agricultural consultants; and import and export of goods. Its products portfolio includes food and beverages, natural supplements, detergents, and laundry products.