Dh Enchantment (Dh Enchantment) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Dh Enchantment 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. Dh Enchantment's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil. Dh Enchantment's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.00 Mil. Dh Enchantment's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

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.

Dh Enchantment Inventory Turnover Historical Data

The historical data trend for Dh Enchantment'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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Dh Enchantment Inventory Turnover Chart

Dh Enchantment Annual Data

Trend

Mar21

Mar22

Mar23

Inventory Turnover

3.50

Dh Enchantment Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial									-	-1.00	0.67	-	-

Dh Enchantment Inventory Turnover Calculation

Dh Enchantment's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	0.007	/ (	(0	+	0.002)	/	1 )
=	0.007	/	0.002
=	3.50

Dh Enchantment's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	0	/ (	(0.001	+	0.001)	/	2 )
=	0	/	0.001
=	0.00

Dh Enchantment (OTCPK:ENMI) 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.

Dh Enchantment's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0.001	/	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.

Dh Enchantment's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0.001	/	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.

Dh Enchantment Inventory Turnover Related Terms

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Dh Enchantment (Dh Enchantment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Dh Enchantment Inc (OTCPK:ENMI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

316-318 Kwun Tong Road, Unit A, 13th Floor, Gee Luen Factory Building, Kowloon, Hong Kong, HKG

Website

http://www.wesaveenergy.com

Dh Enchantment Inc is engaged in the sale and distribution of COVID-19 rapid antigen tester sets.

Executives

Lo Kin Yi Sally	director, 10 percent owner, officer: CEO, CFO and Secretary	G/F, 49A CHEUNG PO TSUEN, PAT HEUNG, YUEN LONG K3 00000
Daily Success Development Ltd	10 percent owner	UNIT A, 13/F KWUN TOND ROAD, KOWLOON K3 00000

Dh Enchantment (Dh Enchantment) Headlines

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