OCZ Technology Group (FRA:OADA) Inventory Turnover : 1.19 (As of Aug. 2013)

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What is OCZ Technology Group 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. OCZ Technology Group's Cost of Goods Sold for the three months ended in Aug. 2013 was €24.1 Mil. OCZ Technology Group's Average Total Inventories for the quarter that ended in Aug. 2013 was €20.3 Mil. OCZ Technology Group's Inventory Turnover for the quarter that ended in Aug. 2013 was 1.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. OCZ Technology Group's Days Inventory for the three months ended in Aug. 2013 was 76.89.

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. OCZ Technology Group's Inventory-to-Revenue for the quarter that ended in Aug. 2013 was 0.81.

OCZ Technology Group Inventory Turnover Historical Data

The historical data trend for OCZ Technology Group'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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OCZ Technology Group Inventory Turnover Chart

OCZ Technology Group Annual Data

Trend

Dec05

Dec06

Feb09

Feb10

Feb11

Feb12

Feb13

Inventory Turnover

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13.67

9.02

10.45

4.44

5.08

OCZ Technology Group Quarterly Data
	Feb09	Nov09	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Feb13	May13	Aug13
Inventory Turnover	Get a 7-Day Free Trial										1.04	0.73	0.84	1.54	1.19

OCZ Technology Group Inventory Turnover Calculation

OCZ Technology Group's Inventory Turnover for the fiscal year that ended in Feb. 2013 is calculated as

	Inventory Turnover (A: Feb. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2013 )	/ (	(Total Inventories (A: Feb. 2012 )	+	Total Inventories (A: Feb. 2013 ))	/	count )
=	277.492	/ (	(84.66	+	24.532)	/	2 )
=	277.492	/	54.596
=	5.08

OCZ Technology Group's Inventory Turnover for the quarter that ended in Aug. 2013 is calculated as

	Inventory Turnover (Q: Aug. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Aug. 2013 )	/ (	(Total Inventories (Q: May. 2013 )	+	Total Inventories (Q: Aug. 2013 ))	/	count )
=	24.107	/ (	(22.775	+	17.853)	/	2 )
=	24.107	/	20.314
=	1.19

OCZ Technology Group (FRA:OADA) 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.

OCZ Technology Group's Days Inventory for the three months ended in Aug. 2013 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Aug. 2013 )	/	Cost of Goods Sold (Q: Aug. 2013 )	*	Days in Period
	=	20.314	/	24.107	*	365 / 4
	=	76.89

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.

OCZ Technology Group's Inventory to Revenue for the quarter that ended in Aug. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Aug. 2013 )	/	Revenue (Q: Aug. 2013 )
	=	20.314	/	25.158
	=	0.81

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.

OCZ Technology Group Inventory Turnover Related Terms

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OCZ Technology Group (FRA:OADA) Business Description

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http://www.ocztechnology.com

OCZ Technology Group, Inc., a Delaware corporation was formed in 2002. The Company is a provider of high performance solid state drives (SSDs) and memory modules for computing devices and systems. It develops flexible and customizable component solutions quickly and efficiently to meet the ever changing market needs and provide superior customer service. Historically, it mainly sold high performance memory modules to individual computing enthusiasts through catalog and online retail channels. However, SSDs have emerged as a strong market alternative to conventional disk drive technology and SSDs are rooted in much of the same basic technological concepts as its legacy memory module business. Today, as part of a diversification strategy which began in fiscal year 2009, its product mix is significantly more weighted toward the sale of SSDs and the SSD product line has become central to its business. As a result, its target customers are increasingly enterprises and original equipment manufacturers (or OEMs). It designs, develops, manufactures and distributes high performance components for computing devices and systems, including SSDs, other flash memory storage, memory modules, thermal management solutions and PSUs. Its ten largest customers are Amazon.com; ASK Corporation; BAS Group; D&H Distribution Company; Maxcom Memory GmbH; Memoryworld GmbH & Co., KG; Micro Center Corporation; Micro Peripherals LTD; NewEgg.com, operated by Magnell Associate Inc.; and SYX Distribution, Inc. The Company's business is subject to regulation by various federal and state governmental agencies.

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