Digicore Holdings (JSE:DGC) Inventory Turnover : 2.08 (As of Dec. 2014)

View and export this data going back to . Start your Free Trial

What is Digicore Holdings 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. Digicore Holdings's Cost of Goods Sold for the six months ended in Dec. 2014 was R153.2 Mil. Digicore Holdings's Average Total Inventories for the quarter that ended in Dec. 2014 was R73.6 Mil. Digicore Holdings's Inventory Turnover for the quarter that ended in Dec. 2014 was 2.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Digicore Holdings's Days Inventory for the six months ended in Dec. 2014 was 87.61.

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. Digicore Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2014 was 0.16.

Digicore Holdings Inventory Turnover Historical Data

The historical data trend for Digicore Holdings'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.

* Premium members only.

Digicore Holdings Inventory Turnover Chart

Digicore Holdings Annual Data

Trend

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Inventory Turnover

Get a 7-Day Free Trial

2.51

2.66

3.20

3.89

Digicore Holdings Semi-Annual Data
	Jun02	Jun03	Jun04	Jun05	Jun06	Jun07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14
Inventory Turnover	Get a 7-Day Free Trial															1.54	1.45	1.17	2.13	2.08

Digicore Holdings Inventory Turnover Calculation

Digicore Holdings's Inventory Turnover for the fiscal year that ended in Jun. 2014 is calculated as

	Inventory Turnover (A: Jun. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2014 )	/ (	(Total Inventories (A: Jun. 2013 )	+	Total Inventories (A: Jun. 2014 ))	/	count )
=	325.189	/ (	(89.521	+	77.716)	/	2 )
=	325.189	/	83.6185
=	3.89

Digicore Holdings's Inventory Turnover for the quarter that ended in Dec. 2014 is calculated as

	Inventory Turnover (Q: Dec. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2014 )	/ (	(Total Inventories (Q: Jun. 2014 )	+	Total Inventories (Q: Dec. 2014 ))	/	count )
=	153.249	/ (	(77.716	+	69.427)	/	2 )
=	153.249	/	73.5715
=	2.08

Digicore Holdings (JSE:DGC) 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.

Digicore Holdings's Days Inventory for the six months ended in Dec. 2014 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2014 )	/	Cost of Goods Sold (Q: Dec. 2014 )	*	Days in Period
	=	73.5715	/	153.249	*	365 / 2
	=	87.61

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.

Digicore Holdings's Inventory to Revenue for the quarter that ended in Dec. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2014 )	/	Revenue (Q: Dec. 2014 )
	=	73.5715	/	450.747
	=	0.16

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.

Digicore Holdings Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Digicore Holdings's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Digicore Holdings (JSE:DGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Digicore Holdings Ltd (JSE:DGC) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.digicore.com

Digicore Holdings Limited provides machine (M2M) communication and telematics solutions. The company researches, designs, develop, manufactures, sells and supports tailored solutions for customers.

Digicore Holdings (JSE:DGC) Headlines

No Headlines