Investco (Investco) Days Inventory : 43.33 (As of Mar. 2003)

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What is Investco Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Investco's Average Total Inventories for the three months ended in Mar. 2003 was $0.48 Mil. Investco's Cost of Goods Sold for the three months ended in Mar. 2003 was $1.02 Mil. Hence, Investco's Days Inventory for the three months ended in Mar. 2003 was 43.33.

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

IVCO's Days Inventory is not ranked ^*
in the Real Estate industry.
Industry Median: 699.07
* Ranked among companies with meaningful Days Inventory only.

Investco's Days Inventory declined from Mar. 2002 (54.44) to Mar. 2003 (43.33).

Inventory Turnover measures how fast the company turns over its inventory within a year. Investco's Inventory Turnover for the three months ended in Mar. 2003 was 2.11.

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. Investco's Inventory-to-Revenue for the three months ended in Mar. 2003 was 0.40.

Investco Days Inventory Historical Data

The historical data trend for Investco'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.

Investco Days Inventory Chart

Investco Annual Data

Trend

Dec00

Dec01

Dec02

Days Inventory

56.38

24.00

41.99

Investco Quarterly Data
	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03
Days Inventory	Get a 7-Day Free Trial						54.44	44.30	54.79	32.47	43.33

Competitive Comparison of Investco's Days Inventory

For the Real Estate - Development subindustry, Investco'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.

Investco's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Investco's Days Inventory distribution charts can be found below:

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

Investco Days Inventory Calculation

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

Investco's Days Inventory for the fiscal year that ended in Dec. 2002 is calculated as

	Days Inventory (A: Dec. 2002 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2001 )	+	Total Inventories (A: Dec. 2002 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2002 )	*	Days in Period
=	( (0.484	+	0.457)	/	2 )	/	4.09	*	365
=	0.4705					/	4.09	*	365
=	41.99

Investco's Days Inventory for the quarter that ended in Mar. 2003 is calculated as:

	Days Inventory (Q: Mar. 2003 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2002 )	+	Total Inventories (Q: Mar. 2003 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2003 )	*	Days in Period
=	( (0.457	+	0.507)	/	2 )	/	1.015	*	365 / 4
=	0.482					/	1.015	*	365 / 4
=	43.33

Investco (OTCPK:IVCO) 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.

Investco's Inventory Turnover for the three months ended in Mar. 2003 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.015	/	0.482
	=	2.11

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.

Investco's Inventory to Revenue for the three months ended in Mar. 2003 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.482	/	1.206
	=	0.40

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.

Investco Days Inventory Related Terms

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

Investco (Investco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Investco Inc (OTCPK:IVCO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1280 Bison B9-21, Newport Beach, CA, USA, 92660

Website

http://www.investco.com

Investco Inc is engaged in the development and investment in real estate.

Executives

Richard O Weed

10 percent owner

4695 MACARTHUR COURT STE 1430, NEWPORT BEACH CA 92660

Investco (Investco) Headlines

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