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.
Ann: Becoming a substantial holder, page-22
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Last
$9.81 |
Change
0.060(0.62%) |
Mkt cap ! $1.382B | |||
| Open | High | Low | Value | Volume |
| $9.77 | $9.90 | $9.69 | $4.510M | 460.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1964 | $9.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.87 | 410 | 1 |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$9.83 |
Change
0.060 ( 0.63 %) |
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| Open | High | Low | Volume | ||
| $9.76 | $9.90 | $9.69 | 49837 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| GUD (ASX) Chart |