Shows how many times inventory is sold and replaced during a period.
Cost of Goods Sold / InventoryShows how many times inventory is sold and replaced during a period.
Compare this ratio against industry averages and the company's historical performance. Higher values typically indicate better financial health, though optimal ranges vary by industry.
Shows how many times inventory is sold and replaced during a period.
The formula for Inventory Turnover Ratio is: Cost of Goods Sold / Inventory. This calculation helps investors understand specific aspects of a company's financial performance.
Good values vary by industry and company size. Compare against industry averages and the company's historical performance rather than using absolute benchmarks.
Use Inventory Turnover Ratio alongside other financial ratios for comprehensive analysis. Compare values across time periods and against industry peers to identify trends and investment opportunities.
| Ticker | Prev. Close | Price | Change |
|---|---|---|---|
FGSUK2031S4 | ₦81.00 | ₦98.99 | 22.21% |
JAPAULGOLD | ₦3.72 | ₦4.09 | 9.95% |
ZICHIS | ₦29.13 | ₦32.04 | 9.99% |
ABCTRANS | ₦7.51 | ₦8.26 | 9.99% |
LIVINGTRUST | ₦3.83 | ₦4.21 | 9.92% |
| Ticker | Value |
|---|---|
| ASI | 249,712.33 |
| Deals | 62386 |
| Volume | 711862568 |
| Value | ₦29,084,008,003.67 |
| Equity Cap | ₦160,077,253,377.13 |