Averox (Averox) Days Inventory : 0.00 (As of Jun. 2009)

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What is Averox Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Averox's Average Total Inventories for the three months ended in Jun. 2009 was $0.00 Mil. Averox's Cost of Goods Sold for the three months ended in Jun. 2009 was $0.26 Mil. Hence, Averox's Days Inventory for the three months ended in Jun. 2009 was 0.00.

The historical rank and industry rank for Averox's Days Inventory or its related term are showing as below:

AVRI's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.44
* Ranked among companies with meaningful Days Inventory only.

Averox's Days Inventory stayed the same from Jun. 2008 (0.00) to Jun. 2009 (0.00).

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

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. Averox's Inventory-to-Revenue for the three months ended in Jun. 2009 was 0.00.

Averox Days Inventory Historical Data

The historical data trend for Averox's Days 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.

* Premium members only.

Averox Days Inventory Chart

Averox Annual Data

Trend

Dec03

Dec04

Dec05

Jun07

Jun08

Days Inventory

Averox Quarterly Data
	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Averox's Days Inventory

For the Software - Application subindustry, Averox's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Averox's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Averox's Days Inventory distribution charts can be found below:

* The bar in red indicates where Averox's Days Inventory falls into.

Averox Days Inventory Calculation

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

Averox's Days Inventory for the fiscal year that ended in Jun. 2008 is calculated as

	Days Inventory (A: Jun. 2008 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2007 )	+	Total Inventories (A: Jun. 2008 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2008 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.927	*	365
=	0					/	0.927	*	365
=	0.00

Averox's Days Inventory for the quarter that ended in Jun. 2009 is calculated as:

	Days Inventory (Q: Jun. 2009 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2009 )	+	Total Inventories (Q: Jun. 2009 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2009 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.263	*	365 / 4
=	0					/	0.263	*	365 / 4
=	0.00

Averox (OTCPK:AVRI) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Averox's Inventory Turnover for the three months ended in Jun. 2009 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.263	/	0
	=

2. 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.

Averox's Inventory to Revenue for the three months ended in Jun. 2009 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.239
	=	0.00

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.

Averox Days Inventory Related Terms

Thank you for viewing the detailed overview of Averox's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Averox (Averox) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Averox Inc (OTCPK:AVRI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

13784 Graber Avenue, Sylmar, CA, USA, 91342

Website

https://www.averox.com

Averox Inc started as a software company writing programs useful to small and large businesses. The current business plan is to merge with a private company, possibly a manufacturer of surgical instruments.

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