Mia Dynamics Motors (XTAE:MIA) Inventory Turnover : 0.00 (As of . 20)

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What is Mia Dynamics Motors 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. Mia Dynamics Motors's Cost of Goods Sold for the three months ended in . 20 was ₪0.00 Mil. Mia Dynamics Motors's Average Total Inventories for the quarter that ended in . 20 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.

Mia Dynamics Motors Inventory Turnover Historical Data

The historical data trend for Mia Dynamics Motors'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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Mia Dynamics Motors Inventory Turnover Chart

Mia Dynamics Motors Annual Data

Trend

Inventory Turnover

Mia Dynamics Motors Quarterly Data

Inventory Turnover

Mia Dynamics Motors Inventory Turnover Calculation

Mia Dynamics Motors'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

Mia Dynamics Motors'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

Mia Dynamics Motors (XTAE:MIA) 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.

Mia Dynamics Motors's Days Inventory for the three 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 / 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.

Mia Dynamics Motors'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	/
	=

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.

Mia Dynamics Motors Inventory Turnover Related Terms

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Mia Dynamics Motors (XTAE:MIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mia Dynamics Motors Ltd (XTAE:MIA) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Walter Moses Street, Alon Towers, Tel-Aviv, ISR

Website

https://www.miadynamics.com

Mia Dynamics Motors Ltd delivers a revolutionary quad-wheel platform that is tailored to the future urban smart mobility landscape.

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