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Chilco River Holdings (Chilco River Holdings) Inventory Turnover : 4.59 (As of Dec. 2006)


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What is Chilco River Holdings Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Chilco River Holdings's Cost of Goods Sold for the six months ended in Dec. 2006 was $0.67 Mil. Chilco River Holdings's Average Total Inventories for the quarter that ended in Dec. 2006 was $0.15 Mil. Chilco River Holdings's Inventory Turnover for the quarter that ended in Dec. 2006 was 4.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chilco River Holdings's Days Inventory for the six months ended in Dec. 2006 was 39.80.

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. Chilco River Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2006 was 0.09.


Chilco River Holdings Inventory Turnover Historical Data

The historical data trend for Chilco River Holdings's Inventory Turnover 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.

Chilco River Holdings Inventory Turnover Chart

Chilco River Holdings Annual Data
Trend Dec04 Dec05 Dec06
Inventory Turnover
- 5.82 4.59

Chilco River Holdings Semi-Annual Data
Dec04 Dec05 Dec06
Inventory Turnover - 5.82 4.59

Chilco River Holdings Inventory Turnover Calculation

Chilco River Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2006 is calculated as

Inventory Turnover (A: Dec. 2006 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2006 ) / ((Total Inventories (A: Dec. 2005 ) + Total Inventories (A: Dec. 2006 )) / count )
=0.674 / ((0.198 + 0.096) / 2 )
=0.674 / 0.147
=4.59

Chilco River Holdings's Inventory Turnover for the quarter that ended in Dec. 2006 is calculated as

Inventory Turnover (Q: Dec. 2006 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2006 ) / ((Total Inventories (Q: Dec. 2005 ) + Total Inventories (Q: Dec. 2006 )) / count )
=0.674 / ((0.198 + 0.096) / 2 )
=0.674 / 0.147
=4.59

* 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.


Chilco River Holdings  (OTCPK:CRVH) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Chilco River Holdings's Days Inventory for the six months ended in Dec. 2006 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2006 )/Cost of Goods Sold (Q: Dec. 2006 )*Days in Period
=0.147/0.674*365 / 2
=39.80

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.

Chilco River Holdings's Inventory to Revenue for the quarter that ended in Dec. 2006 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2006 ) / Revenue (Q: Dec. 2006 )
=0.147 / 1.598
=0.09

* 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.


Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Chilco River Holdings Inventory Turnover Related Terms

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Chilco River Holdings (Chilco River Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1333 N. Buffalo Dr, Suite 210, Las Vegas, NV, USA, 89128
Chilco River Holdings Inc is looking to create a new business plan under a new management team for the acquisition of businesses.
Executives
Thomas James Brady other: Former Director 750 WEST PENDER STREET, SUITE 202, VANCOUVER A1 V6C 2T7