Pakistan Cement - PCCL - Stock Price and Chart
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PCCL Stock Price and Chart

Pakistan Cement

Change Rs. -0.42 (-0.16%)

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3.01 2.59 2.56 3.05 1,531,500

Random Financial Term

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Inventory Turnover Ratio

What you Need ?

Income Statement, Balance Sheet

Formula

Inventory Turnover Ratio = Costs of Goods Sold / Average Inventory

Meaning

If the company you're analyzing holds has inventory, you want that company to be selling it as fast as possible, not stockpiling it. The inventory turnover ratio measures this efficiency in cycling inventory. By dividing costs of goods sold (COGS) by the average amount of inventory the company held during the period, you can discern how fast the company has to replenish its shelves. Generally, a high inventory turnover ratio indicates that the firm is selling inventory (thereby having to spend money to make new inventory) relatively quickly.

Top Players

Based on 2020-02-18 data
Player Profit
Hafiz Rashid
Karachi, Pakistan
+23.9%
Jamal
Karachi, Pakistan
+17.6%
Mujeeb
Abbottabad, Pakistan
+12.7%
saqib
Al Ain - Abu Dhabi - United Arab Emirates
+8.2%
Amr Ahmed
Islamabad, Pakistan
+7.3%