Jade Art Group (Jade Art Group) Inventory Turnover : 0.00 (As of Sep. 2010)

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What is Jade Art 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. Jade Art Group's Cost of Goods Sold for the three months ended in Sep. 2010 was $0.89 Mil. Jade Art Group's Average Total Inventories for the quarter that ended in Sep. 2010 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jade Art Group's Days Inventory for the three months ended in Sep. 2010 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. Jade Art Group's Inventory-to-Revenue for the quarter that ended in Sep. 2010 was 0.00.

Jade Art Group Inventory Turnover Historical Data

The historical data trend for Jade Art 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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Jade Art Group Inventory Turnover Chart

Jade Art Group Annual Data

Trend

Jul06

Jul07

Dec08

Dec09

Inventory Turnover

Jade Art Group Quarterly Data
	Oct06	Jan07	Apr07	Jul07	Oct07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Inventory Turnover	Get a 7-Day Free Trial											-	-	-	-	-

Jade Art Group Inventory Turnover Calculation

Jade Art Group's Inventory Turnover for the fiscal year that ended in Dec. 2009 is calculated as

	Inventory Turnover (A: Dec. 2009 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2009 )	/ (	(Total Inventories (A: Dec. 2008 )	+	Total Inventories (A: Dec. 2009 ))	/	count )
=	4.711	/ (	(0	+	0)	/	1 )
=	4.711	/	0
=	N/A

Jade Art Group's Inventory Turnover for the quarter that ended in Sep. 2010 is calculated as

	Inventory Turnover (Q: Sep. 2010 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2010 )	/ (	(Total Inventories (Q: Jun. 2010 )	+	Total Inventories (Q: Sep. 2010 ))	/	count )
=	0.886	/ (	(0	+	0)	/	1 )
=	0.886	/	0
=	N/A

Jade Art Group (OTCPK:JADA) 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.

Jade Art Group's Days Inventory for the three months ended in Sep. 2010 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2010 )	/	Cost of Goods Sold (Q: Sep. 2010 )	*	Days in Period
	=	0	/	0.886	*	365 / 4
	=	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.

Jade Art Group's Inventory to Revenue for the quarter that ended in Sep. 2010 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2010 )	/	Revenue (Q: Sep. 2010 )
	=	0	/	2.331
	=	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.

Jade Art Group Inventory Turnover Related Terms

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Jade Art Group (Jade Art Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Jade Art Group Inc (OTCPK:JADA) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

1028 Highland Lakes Trace, Birmingham, AL, USA, 35242

Website

http://jadagrp.com

Jade Art Group Inc is a development stage company.

Executives

Hui Ping Cheng

director, officer: President

C/O MY QUOTE ZONE, 6130 ELTON AVENUE, LAS VEGAS NV 89107

Jade Art Group (Jade Art Group) Headlines

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