Advanced Inflight Alliance AG (LTS:0NPQ) Inventory Turnover : 3.59 (As of Mar. 2014)

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What is Advanced Inflight Alliance AG 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. Advanced Inflight Alliance AG's Cost of Goods Sold for the three months ended in Mar. 2014 was €47.1 Mil. Advanced Inflight Alliance AG's Average Total Inventories for the quarter that ended in Mar. 2014 was €13.1 Mil. Advanced Inflight Alliance AG's Inventory Turnover for the quarter that ended in Mar. 2014 was 3.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Advanced Inflight Alliance AG's Days Inventory for the three months ended in Mar. 2014 was 25.38.

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. Advanced Inflight Alliance AG's Inventory-to-Revenue for the quarter that ended in Mar. 2014 was 0.21.

Advanced Inflight Alliance AG Inventory Turnover Historical Data

The historical data trend for Advanced Inflight Alliance AG'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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Advanced Inflight Alliance AG Inventory Turnover Chart

Advanced Inflight Alliance AG Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Inventory Turnover

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123.51

67.66

11.27

7.14

6.24

Advanced Inflight Alliance AG Quarterly Data
	Dec09	Jun10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14
Inventory Turnover	Get a 7-Day Free Trial										2.36	0.80	1.55	1.23	3.59

Advanced Inflight Alliance AG Inventory Turnover Calculation

Advanced Inflight Alliance AG's Inventory Turnover for the fiscal year that ended in Dec. 2013 is calculated as

	Inventory Turnover (A: Dec. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2013 )	/ (	(Total Inventories (A: Dec. 2012 )	+	Total Inventories (A: Dec. 2013 ))	/	count )
=	69.956	/ (	(11.127	+	11.297)	/	2 )
=	69.956	/	11.212
=	6.24

Advanced Inflight Alliance AG's Inventory Turnover for the quarter that ended in Mar. 2014 is calculated as

	Inventory Turnover (Q: Mar. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2014 )	/ (	(Total Inventories (Q: Dec. 2013 )	+	Total Inventories (Q: Mar. 2014 ))	/	count )
=	47.08	/ (	(11.297	+	14.896)	/	2 )
=	47.08	/	13.0965
=	3.59

Advanced Inflight Alliance AG (LTS:0NPQ) 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.

Advanced Inflight Alliance AG's Days Inventory for the three months ended in Mar. 2014 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2014 )	/	Cost of Goods Sold (Q: Mar. 2014 )	*	Days in Period
	=	13.0965	/	47.08	*	365 / 4
	=	25.38

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.

Advanced Inflight Alliance AG's Inventory to Revenue for the quarter that ended in Mar. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2014 )	/	Revenue (Q: Mar. 2014 )
	=	13.0965	/	62.155
	=	0.21

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.

Advanced Inflight Alliance AG Inventory Turnover Related Terms

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Advanced Inflight Alliance AG (LTS:0NPQ) Business Description

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Website

http://www.advanced-inflight-alliance.com/

Advanced Inflight Alliance AG provides inflight entertainment services - including onboard entertainment for passengers during a flight in the form of video and music programs, as well as electronic games.

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