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FII Group (LSE:FII) Inventory Turnover : 0.00 (As of Nov. 2002)


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What is FII 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. FII Group's Cost of Goods Sold for the three months ended in Nov. 2002 was £0.00 Mil. FII Group's Average Total Inventories for the quarter that ended in Nov. 2002 was £2.28 Mil. FII Group's Inventory Turnover for the quarter that ended in Nov. 2002 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.


FII Group Inventory Turnover Historical Data

The historical data trend for FII 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.

* Premium members only.

FII Group Inventory Turnover Chart

FII Group Annual Data
Trend May95 May96 May97 May98 May99 May00 May01 May02 May03
Inventory Turnover
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FII Group Quarterly Data
Nov01 May02 Nov02 May03
Inventory Turnover - - - -

FII Group Inventory Turnover Calculation

FII Group's Inventory Turnover for the fiscal year that ended in May. 2002 is calculated as

Inventory Turnover (A: May. 2002 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: May. 2002 ) / ((Total Inventories (A: May. 2001 ) + Total Inventories (A: May. 2002 )) / count )
=0 / ((3.277 + 2.545) / 2 )
=0 / 2.911
=0.00

FII Group's Inventory Turnover for the quarter that ended in Nov. 2002 is calculated as

Inventory Turnover (Q: Nov. 2002 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Nov. 2002 ) / ((Total Inventories (Q: May. 2002 ) + Total Inventories (Q: Nov. 2002 )) / count )
=0 / ((2.545 + 2.014) / 2 )
=0 / 2.2795
=0.00

* 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.


FII Group  (LSE:FII) 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.

FII Group's Days Inventory for the three months ended in Nov. 2002 is calculated as:

Days Inventory =Average Total Inventories (Q: Nov. 2002 )/Cost of Goods Sold (Q: Nov. 2002 )*Days in Period
=2.2795/0*365 / 4
=

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.

FII Group's Inventory to Revenue for the quarter that ended in Nov. 2002 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2002 ) / Revenue (Q: Nov. 2002 )
=2.2795 / 0
=

* 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.


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.


FII Group Inventory Turnover Related Terms

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FII Group (LSE:FII) Business Description

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Address
FII Group PLC is engaged in the design, sourcing and distribution of branded footwear. The Company is developing and focusing the brand management and distribution of its core footwear brands: Lotus, Frank Wright and PerTu. It has obtained firm orders for new business in Canada, the United States and Bermuda.

FII Group (LSE:FII) Headlines

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