Wireless Xcessories Group (Wireless Xcessories Group) Change In Inventory : $-0.38 Mil (TTM As of Dec. 2007)

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What is Wireless Xcessories Group Change In Inventory?

Wireless Xcessories Group's change in inventory for the quarter that ended in Dec. 2007 was $-0.65 Mil. It means Wireless Xcessories Group's inventory increased by $0.65 Mil from Sep. 2007 to Dec. 2007 .

Wireless Xcessories Group's change in inventory for the fiscal year that ended in Dec. 2007 was $-0.38 Mil. It means Wireless Xcessories Group's inventory increased by $0.38 Mil from Dec. 2006 to Dec. 2007 .

Wireless Xcessories Group's Total Inventories for the quarter that ended in Dec. 2007 was $2.47 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wireless Xcessories Group's Days Inventory for the quarter that ended in Dec. 2007 was 55.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wireless Xcessories Group's Inventory Turnover for the quarter that ended in Dec. 2007 was 1.65.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Wireless Xcessories Group's Inventory-to-Revenue for the quarter that ended in Dec. 2007 was 0.40.

Wireless Xcessories Group Change In Inventory Historical Data

The historical data trend for Wireless Xcessories Group's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Wireless Xcessories Group Change In Inventory Chart

Wireless Xcessories Group Annual Data

Trend

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Change In Inventory

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-0.06

-0.12

-0.54

0.01

-0.38

Wireless Xcessories Group Quarterly Data
	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07
Change In Inventory	Get a 7-Day Free Trial															0.46	0.43	-0.05	-0.11	-0.65

Wireless Xcessories Group Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.38 Mil.

Wireless Xcessories Group (OTCPK:WIRX) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Wireless Xcessories Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2.146	/	3.545	*	365 / 4
	=	55.24

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Wireless Xcessories Group's Inventory Turnover for the quarter that ended in Dec. 2007 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.545	/	2.146
	=	1.65

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Wireless Xcessories Group's Inventory to Revenue for the quarter that ended in Dec. 2007 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.146	/	5.329
	=	0.40

Wireless Xcessories Group Change In Inventory Related Terms

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Wireless Xcessories Group (Wireless Xcessories Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wireless Xcessories Group Inc (OTCPK:WIRX) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1840 County Line Road, Suite 212, Huntingdon Valley, PA, USA, 19006

Website

http://www.wirexgroup.com

Wireless Xcessories Group Inc is a supplier of accessories for wireless products, Bluetooth products, OEM products and pouches across the US and worldwide. Its typical customer is a multi-location dealer, master agent, franchiser, or distributor, located in Canada and the Caribbean. Its product line consists of more than 5,000 items covering over 200 different handsets. It sources, designs, creates and markets more than 30 category items.

Executives

Brazdley T Macdonald

director

3316 SERENITY WAY, OWINGS MILLS MD 21117

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