Arvida Group (NS) (NZSE:ARV) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Arvida Group (NS) 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. Arvida Group (NS)'s Cost of Goods Sold for the six months ended in Mar. 2024 was NZ$0.0 Mil. Arvida Group (NS)'s Average Total Inventories for the quarter that ended in Mar. 2024 was NZ$0.0 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. Arvida Group (NS)'s Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Arvida Group (NS) Inventory Turnover Historical Data

The historical data trend for Arvida Group (NS)'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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Arvida Group (NS) Inventory Turnover Chart

Arvida Group (NS) Annual Data

Trend

Mar15

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Mar21

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Mar23

Mar24

Inventory Turnover

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Arvida Group (NS) Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial														-	-	-	-	-

Arvida Group (NS) Inventory Turnover Calculation

Arvida Group (NS)'s Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Arvida Group (NS)'s Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Arvida Group (NS) (NZSE:ARV) 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.

Arvida Group (NS)'s Days Inventory for the six months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0	/	0	*	365 / 2
	=

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.

Arvida Group (NS)'s Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0	/	119.868
	=	0.00

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.

Arvida Group (NS) Inventory Turnover Related Terms

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Arvida Group (NS) (NZSE:ARV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Arvida Group Ltd (NS) (NZSE:ARV) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

29 Customs Street West, Aon Centre, Level 15, Auckland, NTL, NZL, 1010

Website

https://www.arvida.co.nz

Arvida Group Ltd (NS) is engaged in operating aged care facilities and retirement villages. Aged care facilities include rest homes, hospitals, and secure dementia care. Retirement living consists of the independent living facility which provides residents to continue living independently and to enjoy a retirement village lifestyle and facilities knowing that care is available if and when they should need it, and assisted living which is focused on providing residents with the support and care they require. The group provides services primarily in New Zealand.

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