More Provident Funds And Pension (XTAE:MPP) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is More Provident Funds And Pension 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. More Provident Funds And Pension's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪126.3 Mil. More Provident Funds And Pension's Average Total Inventories for the quarter that ended in Dec. 2023 was ₪0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. More Provident Funds And Pension's Days Inventory for the three months ended in Dec. 2023 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. More Provident Funds And Pension's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

More Provident Funds And Pension Inventory Turnover Historical Data

The historical data trend for More Provident Funds And Pension'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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More Provident Funds And Pension Inventory Turnover Chart

More Provident Funds And Pension Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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More Provident Funds And Pension Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial												-	-	-	-	-

More Provident Funds And Pension Inventory Turnover Calculation

More Provident Funds And Pension's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	290.026	/ (	(0	+	0)	/	1 )
=	290.026	/	0
=	N/A

More Provident Funds And Pension'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 )
=	126.306	/ (	(0	+	0)	/	1 )
=	126.306	/	0
=	N/A

More Provident Funds And Pension (XTAE:MPP) 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.

More Provident Funds And Pension'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	/	126.306	*	365 / 4
	=	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.

More Provident Funds And Pension'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	/	121.154
	=	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.

More Provident Funds And Pension Inventory Turnover Related Terms

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More Provident Funds And Pension (XTAE:MPP) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » More Provident Funds And Pension Ltd (XTAE:MPP) » Definitions » Inventory Turnover

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Address

Ben Gurion Road 2, PO Box: 514956465, Ramat Gan, ISR, 5257334

Website

https://www.moreinvest.co.il

More Provident Funds And Pension Ltd, formerly More Provident Funds Ltd offers variety of long-term savings routes at different risk levels. The company offers provident funds, study funds and investment provident funds.

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