Microalliance Group (Microalliance Group) Inventory Turnover : 0.10 (As of Sep. 2022)

View and export this data going back to 2006. Start your Free Trial

What is Microalliance Group 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. Microalliance Group's Cost of Goods Sold for the three months ended in Sep. 2022 was $1.76 Mil. Microalliance Group's Average Total Inventories for the quarter that ended in Sep. 2022 was $18.42 Mil. Microalliance Group's Inventory Turnover for the quarter that ended in Sep. 2022 was 0.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Microalliance Group's Days Inventory for the three months ended in Sep. 2022 was 957.87.

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. Microalliance Group's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 4.88.

Microalliance Group Inventory Turnover Historical Data

The historical data trend for Microalliance Group'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.

* Premium members only.

Microalliance Group Inventory Turnover Chart

Microalliance Group Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec19

Dec20

Dec21

Inventory Turnover

Get a 7-Day Free Trial

3.93

2.59

1.46

Microalliance Group Quarterly Data
	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Inventory Turnover	Get a 7-Day Free Trial															0.54	0.18	0.11	0.07	0.10

Microalliance Group Inventory Turnover Calculation

Microalliance Group's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	10.423	/ (	(0.066	+	14.167)	/	2 )
=	10.423	/	7.1165
=	1.46

Microalliance Group's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

	Inventory Turnover (Q: Sep. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2022 )	/ (	(Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Sep. 2022 ))	/	count )
=	1.755	/ (	(18.992	+	17.853)	/	2 )
=	1.755	/	18.4225
=	0.10

Microalliance Group (OTCPK:MALG) 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.

Microalliance Group's Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2022 )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
	=	18.4225	/	1.755	*	365 / 4
	=	957.87

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.

Microalliance Group's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	18.4225	/	3.776
	=	4.88

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.

Microalliance Group Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Microalliance Group's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Microalliance Group (Microalliance Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Microalliance Group Inc (OTCPK:MALG) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industrial East Street, Shatoujiao Street, 4th Floor, Building 10, Yantian International Creative Port, Yantian District, Guangdong Province, Shenzhen, CHN, 518000

Website

https://www.fountainhealthyaging.com

Microalliance Group Inc is engaged in two types of products: coffee and liquor. The Company develops, produces, markets and sells under the brand name coffee tea products, which are specialty coffee products with Chinese black tea's taste, as well as black coffee products and other coffee products. The Company sells its coffee products wholesale to retail partners and corporate customers, as well as directly to consumers in the PRC via its e-commerce channels. Its licensed Nainiang Liquor retail stores have opened in cities in China, such as Beijing, Shanghai, Shenzhen, Xiamen, Chongqing, Chengdu, Kunming, Foshan, Zhaoqing, Huangshan, Jingzhou and Baoding. The Company generates more revenues than from the coffee business.

Microalliance Group (Microalliance Group) Headlines

No Headlines