Zitto (ZTTO) Inventory Turnover: 0.00 (As of May. 2014)


What is Zitto Inventory Turnover?

Zitto ZTTO Inventory Turnover is 0.00 as of May. 2014.

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. Zitto's Cost of Goods Sold for the three months ended in May. 2014 was $0.00 Mil. Zitto's Average Total Inventories for the quarter that ended in May. 2014 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.

Zitto  (OTCPK:ZTTO) 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.

Zitto's Days Inventory for the three months ended in May. 2014 is calculated as:

Days Inventory =Average Total Inventories (Q: May. 2014 )/Cost of Goods Sold (Q: May. 2014 )*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.

Zitto's Inventory to Revenue for the quarter that ended in May. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: May. 2014 ) / Revenue (Q: May. 2014 )
=0 / 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.

Zitto Inventory Turnover Related Terms

Zitto Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Zitto'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.

Zitto Inventory Turnover Chart

Zitto Annual Data
Trend Aug10 Aug11 Aug12 Aug13
Inventory Turnover
0.00 0.00 0.00 0.00

Zitto Quarterly Data
Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14
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 0.00 0.00 0.00 0.00 0.00

Zitto Inventory Turnover Calculation

Zitto's Inventory Turnover for the fiscal year that ended in Aug. 2013 is calculated as

Inventory Turnover (A: Aug. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Aug. 2013 ) / ((Total Inventories (A: Aug. 2012 ) + Total Inventories (A: Aug. 2013 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Zitto's Inventory Turnover for the quarter that ended in May. 2014 is calculated as

Inventory Turnover (Q: May. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: May. 2014 ) / ((Total Inventories (Q: Feb. 2014 ) + Total Inventories (Q: May. 2014 )) / 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?
Zitto (ZTTO) has a Inventory Turnover of 0.00 as of May. 2014. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Zitto and its competitors.
Is Zitto's Inventory Turnover too high?
Zitto's current Inventory Turnover is 0.00.
How does Zitto's Inventory Turnover compare to AHAD and BLAIF?
Zitto's Inventory Turnover of 0.00 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Inventory Turnover depends on the Diversified Financial Services 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 Zitto and its competitors. Zitto'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 Zitto stock overvalued right now?
Zitto (ZTTO) 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 Zitto (ZTTO), the current Inventory Turnover is 0.00 as of May. 2014. 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.

Zitto Business Description

Address 807 E 12th Street, Suite 112, Los Angeles, CA, USA, 90021
Zitto Inc is engaged in the wholesale distribution of women's apparel.