Ambassadors International (Ambassadors International) Inventory Turnover : 26.21 (As of Dec. 2010)

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What is Ambassadors 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. Ambassadors International's Cost of Goods Sold for the six months ended in Dec. 2010 was $39.41 Mil. Ambassadors International's Average Total Inventories for the quarter that ended in Dec. 2010 was $1.50 Mil. Ambassadors International's Inventory Turnover for the quarter that ended in Dec. 2010 was 26.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ambassadors International's Days Inventory for the six months ended in Dec. 2010 was 6.96.

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. Ambassadors International's Inventory-to-Revenue for the quarter that ended in Dec. 2010 was 0.03.

Ambassadors International Inventory Turnover Historical Data

The historical data trend for Ambassadors 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.

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Ambassadors International Inventory Turnover Chart

Ambassadors International Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Inventory Turnover

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24.67

47.73

32.84

24.92

26.21

Ambassadors International Semi-Annual Data
	Dec96	Dec97	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10
Inventory Turnover	Get a 7-Day Free Trial										24.67	47.73	32.84	24.92	26.21

Ambassadors International Inventory Turnover Calculation

Ambassadors 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 )
=	39.411	/ (	(1.421	+	1.586)	/	2 )
=	39.411	/	1.5035
=	26.21

Ambassadors 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 )
=	39.411	/ (	(1.421	+	1.586)	/	2 )
=	39.411	/	1.5035
=	26.21

Ambassadors International (OTCPK:AMIEQ) 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.

Ambassadors 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
	=	1.5035	/	39.411	*	365 / 2
	=	6.96

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.

Ambassadors 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 )
	=	1.5035	/	59.105
	=	0.03

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.

Ambassadors International Inventory Turnover Related Terms

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Ambassadors International (Ambassadors International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Ambassadors International Inc (OTCPK:AMIEQ) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

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Address

Website

Ambassadors International Inc, through its subsidiary, Windstar Sail Cruises Limited, provides travel and cruise services. The Company reported the following business segments: Cruise and Corporate and Other, general corporate assets and liabilities. It conducts the cruise operations of Windstar Cruises and the wind down of operations of Majestic America Line, within its Ambassadors Cruise Group, LLC (ACG) subsidiary. In April 2007, it formed Ambassadors International Cruise Group, LLC (AICG) as a subsidiary of ACG and purchased Windstar Cruises, a luxury, small ship cruise line consisting of three international-flagged motor-sail yachts: Wind Surf, Wind Spirit and Wind Star. Windstar Cruises fleet of luxury yachts explores hidden harbors and secluded coves of the worlds most treasured destinations. Windstar Cruises offers sailings in the Caribbean, Europe, the Americas and the Greek Isles. The Companys corporate and other segment includes general corporate assets and liabilities (mainly cash, cash equivalents and long term debt), and other activities that are not directly related to its cruise operating segment. It competes in terms of price, itineraries, services and ship types. In addition, cruising is one of several options that people have when selecting a vacation. It faces competition from other vacation operators that provide leisure and vacation alternatives including resorts, hotels and packaged tours. The Company is subject to numerous environmental laws.

Executives

Steven K. Gendal	other: Former 10% Owner	C/O WHIPPOORWILL ASSOCIATES, INC. 11 MARTINE AVENUE WHITE PLAINS NY 10606
Shelley F Greenhaus	other: Former 10% Owner	C/O BARNEYS NEW YORK INC 575 FIFTH AVENUE NEW YORK NY 10017
Whippoorwill Associates, Inc.	other: Former 10% Owner	11 MARTINE AVENUE WHITE PLAINS NY 10606
Highbridge Capital Management Llc	10 percent owner	277 PARK AVE, 23RD FLOOR, NEW YORK NY 10172
Highbridge Msf International Ltd.	10 percent owner	C/O HEDGESERV (CAYMAN) LTD., WILLOW HOUSE, CRICKET SQUARE 3RD FLOOR, , GEORGE TOWN, GRAND CAYMAN E9 00000
Glenn Dubin	10 percent owner	C/O HIGHBRIDGE CAPITAL MANAGEMENT, LLC, 40 WEST 57TH STREET, 32ND FLOOR, NEW YORK NY 10019
Polygon Global Opportunities Master Fund	10 percent owner	10 DUKE OF YORK SQUARE, LONDON X0 SW34LY
Polygon Investments Ltd.	10 percent owner	UGLAND HOUSE, SOUTH CHURCH STREET, GEORGE TOWN, GRAND CAYMAN E9 BWI
Polygon Investment Partners Llp	10 percent owner	10 DUKE OF YORK SQUARE, LONDON X0 SW3 4LY
Polygon Investment Partners Lp	10 percent owner	399 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10022
Patrick G. G. Dear	10 percent owner	C/O POLYGON INVESTMENT PARTNERS LLP, 10 DUKE OF YORK SQUARE, LONDON X0 SW3 4LY
E. Griffith Reade	10 percent owner	10 DUKE OF YORK SQUARE, LONDON X0 SW3 4LY
Polygon Investment Partners Gp, Llc	10 percent owner	C/O POLYGON INVESTMENT PARTNERS LP, 399 PARK AVENUE, 22ND FLR., NEW YORK NY 10022
Polygon Investment Management Ltd	10 percent owner	C/O POLYGON INVESTMENT PARTNERS LLP, 10 DUKE OF YORK SQUARE, LONDON X0 SW3 4LY
Timothy J Bernlohr	director	90 EAST HALSEY RD., PARSIPPANY NJ 07054

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