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M17 Entertainment (M17 Entertainment) Inventory Turnover : 0.00 (As of Dec. 2017)


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What is M17 Entertainment 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. M17 Entertainment's Cost of Goods Sold for the six months ended in Dec. 2017 was $65.50 Mil. M17 Entertainment's Average Total Inventories for the quarter that ended in Dec. 2017 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. M17 Entertainment's Days Inventory for the six months ended in Dec. 2017 was 0.00.

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. M17 Entertainment's Inventory-to-Revenue for the quarter that ended in Dec. 2017 was 0.00.


M17 Entertainment Inventory Turnover Historical Data

The historical data trend for M17 Entertainment'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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M17 Entertainment Inventory Turnover Chart

M17 Entertainment Annual Data
Trend Dec15 Dec16 Dec17
Inventory Turnover
- - -

M17 Entertainment Semi-Annual Data
Dec15 Dec16 Dec17
Inventory Turnover - - -

M17 Entertainment Inventory Turnover Calculation

M17 Entertainment's Inventory Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Inventory Turnover (A: Dec. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2017 ) / ((Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count )
=65.504 / ((0 + 0) / 1 )
=65.504 / 0
=N/A

M17 Entertainment's Inventory Turnover for the quarter that ended in Dec. 2017 is calculated as

Inventory Turnover (Q: Dec. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2017 ) / ((Total Inventories (Q: Dec. 2016 ) + Total Inventories (Q: Dec. 2017 )) / count )
=65.504 / ((0 + 0) / 1 )
=65.504 / 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.


M17 Entertainment  (NYSE:YQ) 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.

M17 Entertainment's Days Inventory for the six months ended in Dec. 2017 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2017 )/Cost of Goods Sold (Q: Dec. 2017 )*Days in Period
=0/65.504*365 / 2
=0.00

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.

M17 Entertainment's Inventory to Revenue for the quarter that ended in Dec. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2017 ) / Revenue (Q: Dec. 2017 )
=0 / 79.502
=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.


M17 Entertainment Inventory Turnover Related Terms

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M17 Entertainment (M17 Entertainment) Business Description

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