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Earthworks Entertainment (Earthworks Entertainment) Inventory Turnover : 0.00 (As of Jun. 2006)


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What is Earthworks Entertainment 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. Earthworks Entertainment's Cost of Goods Sold for the three months ended in Jun. 2006 was $0.00 Mil. Earthworks Entertainment's Average Total Inventories for the quarter that ended in Jun. 2006 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.


Earthworks Entertainment Inventory Turnover Historical Data

The historical data trend for Earthworks Entertainment'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.

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Earthworks Entertainment Inventory Turnover Chart

Earthworks Entertainment Annual Data
Trend Sep96 Sep97 Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05
Inventory Turnover
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Earthworks Entertainment Quarterly Data
Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
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Earthworks Entertainment Inventory Turnover Calculation

Earthworks Entertainment's Inventory Turnover for the fiscal year that ended in Sep. 2005 is calculated as

Inventory Turnover (A: Sep. 2005 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2005 ) / ((Total Inventories (A: Sep. 2004 ) + Total Inventories (A: Sep. 2005 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Earthworks Entertainment's Inventory Turnover for the quarter that ended in Jun. 2006 is calculated as

Inventory Turnover (Q: Jun. 2006 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2006 ) / ((Total Inventories (Q: Mar. 2006 ) + Total Inventories (Q: Jun. 2006 )) / 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.


Earthworks Entertainment  (OTCPK:EWKS) 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.

Earthworks Entertainment's Days Inventory for the three months ended in Jun. 2006 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2006 )/Cost of Goods Sold (Q: Jun. 2006 )*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.

Earthworks Entertainment's Inventory to Revenue for the quarter that ended in Jun. 2006 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2006 ) / Revenue (Q: Jun. 2006 )
=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.


Earthworks Entertainment Inventory Turnover Related Terms

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Earthworks Entertainment (Earthworks Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
14001 North Dallas Parkway, Suite 1200, Dallas, TX, USA, 75420
Website
Earthworks Entertainment Inc is engaged in investments and acquisitions in entertainment segments including, animation, direct response marketing, radio networks and mixed martial arts social networks.

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