kamran burhan's Stock Profile on Pak Stock Exchange
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kamran burhan's Stock Profile

Business Owner
QURESHI CLOTH STORE
Hyderabad, Pakistan
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Rank 388

Previous Rank 431

Stocks & Cash

This section shows the cash balance in this account and the details of the shares that are bought.

Cash Balance Rs. 487,480

Company Shares Cost Market Value Change
ATLH
Atlas Honda
20 7,900
@ 395.00
8,000
@ 399.99
100
1.26%
KEL
K-Electric Ltd.
1,000 4,620
@ 4.62
4,720
@ 4.72
100
2.16%
12,520 12,720 200
1.60%
Total Account Value Rs. 500,200

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.

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