Magor (TSXV:MCC.H) Inventory Turnover : 0.91 (As of Jul. 2016)

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What is Magor 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. Magor's Cost of Goods Sold for the three months ended in Jul. 2016 was C$0.11 Mil. Magor's Average Total Inventories for the quarter that ended in Jul. 2016 was C$0.12 Mil. Magor's Inventory Turnover for the quarter that ended in Jul. 2016 was 0.91.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Magor's Days Inventory for the three months ended in Jul. 2016 was 99.78.

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. Magor's Inventory-to-Revenue for the quarter that ended in Jul. 2016 was 0.71.

Magor Inventory Turnover Historical Data

The historical data trend for Magor'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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Magor Inventory Turnover Chart

Magor Annual Data

Trend

Mar10

Mar11

Mar12

Apr13

Apr14

Apr15

Apr16

Inventory Turnover

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6.42

5.32

4.48

7.76

Magor Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16
Inventory Turnover	Get a 7-Day Free Trial															0.64	0.99	1.34	3.17	0.91

Magor Inventory Turnover Calculation

Magor's Inventory Turnover for the fiscal year that ended in Apr. 2016 is calculated as

	Inventory Turnover (A: Apr. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Apr. 2016 )	/ (	(Total Inventories (A: Apr. 2015 )	+	Total Inventories (A: Apr. 2016 ))	/	count )
=	0.985	/ (	(0.137	+	0.117)	/	2 )
=	0.985	/	0.127
=	7.76

Magor's Inventory Turnover for the quarter that ended in Jul. 2016 is calculated as

	Inventory Turnover (Q: Jul. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jul. 2016 )	/ (	(Total Inventories (Q: Apr. 2016 )	+	Total Inventories (Q: Jul. 2016 ))	/	count )
=	0.107	/ (	(0.117	+	0.117)	/	2 )
=	0.107	/	0.117
=	0.91

Magor (TSXV:MCC.H) 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.

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

Days Inventory	=	Average Total Inventories (Q: Jul. 2016 )	/	Cost of Goods Sold (Q: Jul. 2016 )	*	Days in Period
	=	0.117	/	0.107	*	365 / 4
	=	99.78

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Jul. 2016 )	/	Revenue (Q: Jul. 2016 )
	=	0.117	/	0.164
	=	0.71

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.

Magor Inventory Turnover Related Terms

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Magor (TSXV:MCC.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Magor Corp (TSXV:MCC.H) » Definitions » Inventory Turnover

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Address

350 Terry Fox Drive, Suite 100, Ottawa, ON, CAN, K2K 2W5

Website

http://www.magorcorp.com

Magor Corp is engaged in design, development, and marketing of a visual collaboration software platform that integrates personal computer collaboration, high definition video and wideband audio for the enterprise market. The company provide service as Aerus, is an evolution of its platform to the cloud in delivering video interactions to the enterprise as a service with the capabilities needed to fulfill the promise of new modes for productivity. The Aerus service delivery platform and Aerus technology bring together the benefits of distributed networking and cloud computing to deliver services for high-quality video interactions that support any workflow. The company derives most of its revenue from the sale of hardware and equipment.

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