Metrospaces (Metrospaces) Inventory Turnover : 0.86 (As of Mar. 2016)

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What is Metrospaces 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. Metrospaces's Cost of Goods Sold for the three months ended in Mar. 2016 was $0.01 Mil. Metrospaces's Average Total Inventories for the quarter that ended in Mar. 2016 was $0.01 Mil. Metrospaces's Inventory Turnover for the quarter that ended in Mar. 2016 was 0.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Metrospaces's Days Inventory for the three months ended in Mar. 2016 was 106.46.

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. Metrospaces's Inventory-to-Revenue for the quarter that ended in Mar. 2016 was 1.50.

Metrospaces Inventory Turnover Historical Data

The historical data trend for Metrospaces'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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Metrospaces Inventory Turnover Chart

Metrospaces Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Inventory Turnover

10.82

Metrospaces Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Inventory Turnover	Get a 7-Day Free Trial										-	5.94	2.00	-1.69	0.86

Metrospaces Inventory Turnover Calculation

Metrospaces's Inventory Turnover for the fiscal year that ended in Dec. 2015 is calculated as

	Inventory Turnover (A: Dec. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2015 )	/ (	(Total Inventories (A: Dec. 2014 )	+	Total Inventories (A: Dec. 2015 ))	/	count )
=	0.119	/ (	(0	+	0.011)	/	1 )
=	0.119	/	0.011
=	10.82

Metrospaces's Inventory Turnover for the quarter that ended in Mar. 2016 is calculated as

	Inventory Turnover (Q: Mar. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2016 )	/ (	(Total Inventories (Q: Dec. 2015 )	+	Total Inventories (Q: Mar. 2016 ))	/	count )
=	0.009	/ (	(0.011	+	0.01)	/	2 )
=	0.009	/	0.0105
=	0.86

Metrospaces (OTCPK:MSPC) 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.

Metrospaces's Days Inventory for the three months ended in Mar. 2016 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2016 )	/	Cost of Goods Sold (Q: Mar. 2016 )	*	Days in Period
	=	0.0105	/	0.009	*	365 / 4
	=	106.46

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.

Metrospaces's Inventory to Revenue for the quarter that ended in Mar. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2016 )	/	Revenue (Q: Mar. 2016 )
	=	0.0105	/	0.007
	=	1.50

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.

Metrospaces Inventory Turnover Related Terms

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Metrospaces (Metrospaces) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Metrospaces Inc (OTCPK:MSPC) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 St. Johns Lane, New York, USA, 10013

Website

http://www.metrospaces.com

Metrospaces Inc is a real estate developer. The company is engaged in the business of acquisition and repositioning of luxury resort properties and hotels. The firm also invests in real estate-based operating companies, such as hotel operators and real estate-based corporate reorganizations.

Executives

Oscar A Brito

director, 10 percent owner, officer: President

888 BRICKELL KEY DRIVE, 1102, MIAMI FL 33131