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QRS Music Technologies (QRS Music Technologies) Inventory-to-Revenue : 2.34 (As of Mar. 2007)


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What is QRS Music Technologies Inventory-to-Revenue?

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. QRS Music Technologies's Average Total Inventories for the quarter that ended in Mar. 2007 was $7.67 Mil. QRS Music Technologies's Revenue for the three months ended in Mar. 2007 was $3.27 Mil. QRS Music Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2007 was 2.34.

QRS Music Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2007 increased from Dec. 2006 (1.47) to Dec. 2006 (2.34)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. QRS Music Technologies's Days Inventory for the three months ended in Mar. 2007 was 303.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. QRS Music Technologies's Inventory Turnover for the quarter that ended in Mar. 2007 was 0.30.


QRS Music Technologies Inventory-to-Revenue Historical Data

The historical data trend for QRS Music Technologies's Inventory-to-Revenue 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.

QRS Music Technologies Inventory-to-Revenue Chart

QRS Music Technologies Annual Data
Trend Jun01 Jun02 Jun03 Jun04 Jun05 Jun06
Inventory-to-Revenue
Get a 7-Day Free Trial 0.35 0.29 0.29 0.34 0.45

QRS Music Technologies Quarterly Data
Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.74 2.10 2.47 1.47 2.34

Competitive Comparison of QRS Music Technologies's Inventory-to-Revenue

For the Leisure subindustry, QRS Music Technologies's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


QRS Music Technologies's Inventory-to-Revenue Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, QRS Music Technologies's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where QRS Music Technologies's Inventory-to-Revenue falls into.



QRS Music Technologies Inventory-to-Revenue Calculation

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.

QRS Music Technologies's Inventory-to-Revenue for the fiscal year that ended in Jun. 2006 is calculated as

Inventory-to-Revenue (A: Jun. 2006 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2005 ) + Total Inventories (A: Jun. 2006 )) / count ) / Revenue (A: Jun. 2006 )
=( (7.912 + 8.273) / 2 ) / 18.085
=8.0925 / 18.085
=0.45

QRS Music Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2007 is calculated as

Inventory-to-Revenue (Q: Mar. 2007 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2006 ) + Total Inventories (Q: Mar. 2007 )) / count ) / Revenue (Q: Mar. 2007 )
=( (7.711 + 7.626) / 2 ) / 3.274
=7.6685 / 3.274
=2.34

* 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.


QRS Music Technologies  (OTCPK:QRSM) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

QRS Music Technologies's Days Inventory for the three months ended in Mar. 2007 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2007 )/Cost of Goods Sold (Q: Mar. 2007 )*Days in Period
=7.6685/2.307*365 / 4
=303.32

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

QRS Music Technologies's Inventory Turnover for the quarter that ended in Mar. 2007 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2007 ) / Average Total Inventories (Q: Mar. 2007 )
=2.307 / 7.6685
=0.30

* 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.


QRS Music Technologies Inventory-to-Revenue Related Terms

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QRS Music Technologies (QRS Music Technologies) Business Description

Traded in Other Exchanges
N/A
Address
269 Quaker Drive, Seneca, PA, USA, 16346
QRS Music Technologies Inc manufactures and distributes pianos, pianomation units and compact discs and music rolls for use in player pianos. The firm has a presence in Buffalo, New York and Seneca, Pennsylvania within the United States and internationally in Belmain NSW, Australia. It also operates a sales and procurement office in Hong Kong, China.

QRS Music Technologies (QRS Music Technologies) Headlines