Corinthian Colleges (FRA:CH7) Inventory Turnover : 0.00 (As of Jun. 2013)

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What is Corinthian Colleges 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. Corinthian Colleges's Cost of Goods Sold for the six months ended in Jun. 2013 was €746 Mil. Corinthian Colleges's Average Total Inventories for the quarter that ended in Jun. 2013 was €0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Corinthian Colleges's Days Inventory for the six months ended in Jun. 2013 was 0.00.

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. Corinthian Colleges's Inventory-to-Revenue for the quarter that ended in Jun. 2013 was 0.00.

Corinthian Colleges Inventory Turnover Historical Data

The historical data trend for Corinthian Colleges'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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Corinthian Colleges Inventory Turnover Chart

Corinthian Colleges Annual Data

Trend

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Inventory Turnover

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Corinthian Colleges Semi-Annual Data
	Jun98	Jun99	Jun00	Jun01	Jun02	Jun03	Jun04	Jun05	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13
Inventory Turnover	Get a 7-Day Free Trial											-	-	-	-	-

Corinthian Colleges Inventory Turnover Calculation

Corinthian Colleges's Inventory Turnover for the fiscal year that ended in Jun. 2013 is calculated as

	Inventory Turnover (A: Jun. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2013 )	/ (	(Total Inventories (A: Jun. 2012 )	+	Total Inventories (A: Jun. 2013 ))	/	count )
=	745.505	/ (	(0	+	0)	/	1 )
=	745.505	/	0
=	N/A

Corinthian Colleges's Inventory Turnover for the quarter that ended in Jun. 2013 is calculated as

	Inventory Turnover (Q: Jun. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2013 )	/ (	(Total Inventories (Q: Jun. 2012 )	+	Total Inventories (Q: Jun. 2013 ))	/	count )
=	745.505	/ (	(0	+	0)	/	1 )
=	745.505	/	0
=	N/A

Corinthian Colleges (FRA:CH7) 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.

Corinthian Colleges's Days Inventory for the six months ended in Jun. 2013 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2013 )	/	Cost of Goods Sold (Q: Jun. 2013 )	*	Days in Period
	=	0	/	745.505	*	365 / 2
	=	0.00

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.

Corinthian Colleges's Inventory to Revenue for the quarter that ended in Jun. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2013 )	/	Revenue (Q: Jun. 2013 )
	=	0	/	1212.955
	=	0.00

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.

Corinthian Colleges Inventory Turnover Related Terms

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Corinthian Colleges (FRA:CH7) Business Description

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Address

Website

http://www.cci.edu

Corinthian Colleges Inc is a post-secondary education company in the United States and Canada. It offers diploma programs and associate, bachelors and master's degrees through a single operating segment. As of June 30, 2013, it has a student enrollment of 81,284 and operated 97 schools in 25 states, and 14 schools in the province of Ontario, Canada. The Company has acquired 76 colleges including the Heald acquisition and has opened 35 branch campuses. Its training program areas include healthcare, criminal justice, business, mechanical, trades, and information technology. The Company's diploma programs provide students with the requisite knowledge and job skills for entry-level positions in their chosen career.Key elements of its operating strategy includes emphasize Student Outcomes, create an Effective Learning Environment, focus on Attractive Markets, manage School and Program Performance, Standardize Key Business Processes and Centralize Key Functions.

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