My calculation for stock turnover is the cost of goods sold / average stock holding. A bit rough but to me the average stock holding is the opening stock plus the closing stock divided by 2.
So (for 2019) - 222 / ((109+88)/2)
= 222 / (197/2)
= 222 / 98.5
= 2.25 times
or
222 / 109 = 2.04
Because the stock valuation is at cost, it's appropriate to divide the stock into the cost figure (COGS) and not the sales figure.
- Forums
- ASX - By Stock
- Ann: Becoming a substantial holder
My calculation for stock turnover is the cost of goods sold /...
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AOV (ASX) to my watchlist
|
|||||
Last
$9.90 |
Change
0.060(0.61%) |
Mkt cap ! $1.394B |
Open | High | Low | Value | Volume |
$9.85 | $10.11 | $9.81 | $2.458M | 247.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 829 | $9.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.98 | 808 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1971 | 9.810 |
1 | 2000 | 9.800 |
1 | 250 | 9.780 |
1 | 2000 | 9.770 |
1 | 250 | 9.700 |
Price($) | Vol. | No. |
---|---|---|
10.210 | 346 | 1 |
10.300 | 1000 | 1 |
10.500 | 500 | 1 |
10.630 | 2200 | 1 |
10.930 | 1000 | 1 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
AOV (ASX) Chart |