Global Payment Technologies (Global Payment Technologies) Inventory Turnover : 0.92 (As of Jun. 2008)

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What is Global Payment Technologies 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. Global Payment Technologies's Cost of Goods Sold for the three months ended in Jun. 2008 was $3.07 Mil. Global Payment Technologies's Average Total Inventories for the quarter that ended in Jun. 2008 was $3.34 Mil. Global Payment Technologies's Inventory Turnover for the quarter that ended in Jun. 2008 was 0.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Global Payment Technologies's Days Inventory for the three months ended in Jun. 2008 was 99.51.

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. Global Payment Technologies's Inventory-to-Revenue for the quarter that ended in Jun. 2008 was 0.88.

Global Payment Technologies Inventory Turnover Historical Data

The historical data trend for Global Payment Technologies'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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Global Payment Technologies Inventory Turnover Chart

Global Payment Technologies Annual Data

Trend

Sep98

Sep99

Sep00

Sep01

Sep02

Sep03

Sep04

Sep05

Sep06

Sep07

Inventory Turnover

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4.99

6.27

4.95

2.47

2.32

Global Payment Technologies Quarterly Data
	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08
Inventory Turnover	Get a 7-Day Free Trial															0.62	0.50	0.56	0.71	0.92

Global Payment Technologies Inventory Turnover Calculation

Global Payment Technologies's Inventory Turnover for the fiscal year that ended in Sep. 2007 is calculated as

	Inventory Turnover (A: Sep. 2007 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2007 )	/ (	(Total Inventories (A: Sep. 2006 )	+	Total Inventories (A: Sep. 2007 ))	/	count )
=	10.212	/ (	(5.04	+	3.768)	/	2 )
=	10.212	/	4.404
=	2.32

Global Payment Technologies's Inventory Turnover for the quarter that ended in Jun. 2008 is calculated as

	Inventory Turnover (Q: Jun. 2008 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2008 )	/ (	(Total Inventories (Q: Mar. 2008 )	+	Total Inventories (Q: Jun. 2008 ))	/	count )
=	3.066	/ (	(3.278	+	3.409)	/	2 )
=	3.066	/	3.3435
=	0.92

Global Payment Technologies (OTCPK:GPTX) 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.

Global Payment Technologies's Days Inventory for the three months ended in Jun. 2008 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2008 )	/	Cost of Goods Sold (Q: Jun. 2008 )	*	Days in Period
	=	3.3435	/	3.066	*	365 / 4
	=	99.51

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.

Global Payment Technologies's Inventory to Revenue for the quarter that ended in Jun. 2008 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2008 )	/	Revenue (Q: Jun. 2008 )
	=	3.3435	/	3.809
	=	0.88

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.

Global Payment Technologies Inventory Turnover Related Terms

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Global Payment Technologies (Global Payment Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Global Payment Technologies Inc (OTCPK:GPTX) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

170 Wilbur Place, Bohemia, NY, USA, 11716

Website

http://www.gpt.com

Global Payment Technologies Inc designs, manufactures, sells and supports payment components internationally. GPT carries a full range of payment components and specialises in innovative note validation and payment components for the international Gaming, Vending, Parking and Kiosk industries. Its products can be product can be found in all Australian Casinos, Clubs, and Hotels.

Executives

Thomas Mcneill	officer: Vice President, CFO & Secy	425B OSER AVE, HAUPPAUGE NY 11788
Henry Ellis	director	111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Stephen Katz	10 percent owner

Global Payment Technologies (Global Payment Technologies) Headlines

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