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Thermic Sciences International (Thermic Sciences International) Inventory Turnover : 0.00 (As of Mar. 2013)


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What is Thermic Sciences International 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. Thermic Sciences International's Cost of Goods Sold for the three months ended in Mar. 2013 was $0.00 Mil. Thermic Sciences International's Average Total Inventories for the quarter that ended in Mar. 2013 was $0.00 Mil.

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

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.


Thermic Sciences International Inventory Turnover Historical Data

The historical data trend for Thermic Sciences International'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.

Thermic Sciences International Inventory Turnover Chart

Thermic Sciences International Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Inventory Turnover
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Thermic Sciences International Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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Thermic Sciences International Inventory Turnover Calculation

Thermic Sciences International's Inventory Turnover for the fiscal year that ended in Dec. 2012 is calculated as

Inventory Turnover (A: Dec. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2012 ) / ((Total Inventories (A: Dec. 2011 ) + Total Inventories (A: Dec. 2012 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Thermic Sciences International's Inventory Turnover for the quarter that ended in Mar. 2013 is calculated as

Inventory Turnover (Q: Mar. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2013 ) / ((Total Inventories (Q: Dec. 2012 ) + Total Inventories (Q: Mar. 2013 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.


Thermic Sciences International  (OTCPK:ENDO) 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.

Thermic Sciences International's Days Inventory for the three months ended in Mar. 2013 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2013 )/Cost of Goods Sold (Q: Mar. 2013 )*Days in Period
=0/0*365 / 4
=

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.

Thermic Sciences International's Inventory to Revenue for the quarter that ended in Mar. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2013 ) / Revenue (Q: Mar. 2013 )
=0 / 0
=

* 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.


Thermic Sciences International Inventory Turnover Related Terms

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Thermic Sciences International (Thermic Sciences International) Business Description

Traded in Other Exchanges
N/A
Address
2910 North Powers Boulevard, Suite 125, Colorado Springs, CO, USA, 80922
Thermic Sciences International Corp is engaged in Thermic Paints that provide infrared heating coatings for surface heating elements on low voltage.

Thermic Sciences International (Thermic Sciences International) Headlines

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