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Poseidon Concepts Corp (TSX:PSN)
Days Inventory
65.08 (As of Sep. 2012)

Poseidon Concepts Corp's average inventory for the three months ended in Sep. 2012 was C\$6.5 Mil. Poseidon Concepts Corp's cost of goods sold for the three months ended in Sep. 2012 was C\$9.1 Mil. Hence, Poseidon Concepts Corp's days inventory for the three months ended in Sep. 2012 was 65.08.

Poseidon Concepts Corp's days inventory increased from Sep. 2011 (0.00) to Sep. 2012 (65.08). It might indicate that Poseidon Concepts Corp's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). Poseidon Concepts Corp's days sales of inventory (DSI) for the three months ended in Sep. 2012 was 14.36.

Inventory turnover measures how fast the company turns over its inventory within a year. Poseidon Concepts Corp's inventory turnover for the three months ended in Sep. 2012 was 1.40.

Inventory to revenue ratio 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. Poseidon Concepts Corp's inventory to revenue ratio for the three months ended in Sep. 2012 was 0.16.

Definition

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

Poseidon Concepts Corp's Days Inventory for the fiscal year that ended in Dec. 2011 is calculated as

 Days Inventory (A: Dec. 2011 ) = Average Inventory / COGS * Days in Period = ( (Inventory (A: Dec. 2010 ) + Inventory (A: Dec. 2011 )) / 2 ) / COGS (A: Dec. 2011 ) * Days in Period = ( (0.09 + 2.856) / 2 ) / 9.623 * 365 = 1.473 / 9.623 * 365 = 55.87

Poseidon Concepts Corp's Days Inventory for the quarter that ended in Sep. 2012 is calculated as:

 Days Inventory (Q: Sep. 2012 ) = Average Inventory / COGS * Days in Period = ( (Inventory (Q: Jun. 2012 ) + Inventory (Q: Sep. 2012 )) / 2 ) / COGS (Q: Sep. 2012 ) * Days in Period = ( (6.43 + 6.507) / 2 ) / 9.069 * 365 / 4 = 6.4685 / 9.069 * 365 / 4 = 65.08

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

Poseidon Concepts Corp's Days Sales of Inventory for the three months ended in Sep. 2012 is calculated as

 Days Sales of Inventory (DSI) = Average Inventory / Revenue * Days in Period = 6.4685 / 41.116 * 365 / 4 = 14.36

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

Poseidon Concepts Corp's Inventory Turnover for the three months ended in Sep. 2012 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 9.069 / 6.4685 = 1.40

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.

Poseidon Concepts Corp's Inventory to Revenue for the three months ended in Sep. 2012 is calculated as

 Inventory to Revenue = Average Inventory / Revenue = 6.4685 / 41.116 = 0.16

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Poseidon Concepts Corp Annual Data

 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 DaysInventory 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 26.66 55.87

Poseidon Concepts Corp Quarterly Data

 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 DaysInventory 0.00 0.00 0.00 2.13 0.00 0.00 39.76 67.47 144.43 65.08
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