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Trailor ACTM International (XPAR:MLTAI) Inventory Turnover : 2.15 (As of Dec. 2010)


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What is Trailor ACTM International 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. Trailor ACTM International's Cost of Goods Sold for the six months ended in Dec. 2010 was €12.89 Mil. Trailor ACTM International's Average Total Inventories for the quarter that ended in Dec. 2010 was €5.99 Mil. Trailor ACTM International's Inventory Turnover for the quarter that ended in Dec. 2010 was 2.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Trailor ACTM International's Days Inventory for the six months ended in Dec. 2010 was 84.82.

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. Trailor ACTM International's Inventory-to-Revenue for the quarter that ended in Dec. 2010 was 0.34.

Trailor ACTM International Inventory Turnover Historical Data

The historical data trend for Trailor ACTM International'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.

Trailor ACTM International Inventory Turnover Chart

Trailor ACTM International Annual Data
Trend Dec09 Dec10
Inventory Turnover
1.88 2.15

Trailor ACTM International Semi-Annual Data
Dec09 Dec10
Inventory Turnover 1.88 2.15

Trailor ACTM International Inventory Turnover Calculation

Trailor ACTM International's Inventory Turnover for the fiscal year that ended in Dec. 2010 is calculated as

Inventory Turnover (A: Dec. 2010 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2010 ) / ((Total Inventories (A: Dec. 2009 ) + Total Inventories (A: Dec. 2010 )) / count )
=12.885 / ((6.126 + 5.851) / 2 )
=12.885 / 5.9885
=2.15

Trailor ACTM International's Inventory Turnover for the quarter that ended in Dec. 2010 is calculated as

Inventory Turnover (Q: Dec. 2010 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2010 ) / ((Total Inventories (Q: Dec. 2009 ) + Total Inventories (Q: Dec. 2010 )) / count )
=12.885 / ((6.126 + 5.851) / 2 )
=12.885 / 5.9885
=2.15

* 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.

Trailor ACTM International  (XPAR:MLTAI) 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.

Trailor ACTM International's Days Inventory for the six months ended in Dec. 2010 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2010 )/Cost of Goods Sold (Q: Dec. 2010 )*Days in Period
=5.9885/12.885*365 / 2
=84.82

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.

Trailor ACTM International's Inventory to Revenue for the quarter that ended in Dec. 2010 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2010 ) / Revenue (Q: Dec. 2010 )
=5.9885 / 17.845
=0.34

* 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.

Trailor ACTM International Inventory Turnover Related Terms

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Trailor ACTM International (XPAR:MLTAI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Trailor ACTM International (XPAR:MLTAI) » Definitions » Inventory Turnover
Comparable Companies
NGM:MULT TSXV:TGH IST:KATMR KAR:HINO ASX:MXI ATH:PETRO MIC:ZILL SPAR TSE:7226 TSE:6345 HKSE:01122 WNC HY SZSE:300123 SZSE:000951 NAV HKSE:03808 OSK XTER:KGX XTER:MAN
Traded in Other Exchanges
N/A
Address
Website
http://www.actm-trailor.com
Trailor ACTM International designs and manufactures flatbed trailers: steered front-axle or tilt-bed trailers, semi-trailers with 2, 3, 4, 5, or 6 axles, telescoping semi-trailers, dump trailers. It also manufactures road transport vehicles.

Trailor ACTM International (XPAR:MLTAI) Headlines

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