Avatar Ventures (Avatar Ventures) Inventory Turnover

: 0.00 (As of Apr. 2012)

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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. Avatar Ventures's Cost of Goods Sold for the three months ended in Apr. 2012 was $0.00 Mil. Avatar Ventures's Average Total Inventories for the quarter that ended in Apr. 2012 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

Avatar Ventures Inventory Turnover Historical Data

The historical data trend for Avatar Ventures'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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Avatar Ventures Annual Data

Trend

Jul08

Jul09

Jul10

Jul11

Inventory Turnover

Avatar Ventures Quarterly Data
	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12
Inventory Turnover															-	-	-	-	-

Avatar Ventures Inventory Turnover Calculation

Avatar Ventures's Inventory Turnover for the fiscal year that ended in Jul. 2011 is calculated as

	Inventory Turnover (A: Jul. 2011 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2011 )	/ (	(Total Inventories (A: Jul. 2010 )	+	Total Inventories (A: Jul. 2011 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Avatar Ventures's Inventory Turnover for the quarter that ended in Apr. 2012 is calculated as

	Inventory Turnover (Q: Apr. 2012 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Apr. 2012 )	/ (	(Total Inventories (Q: Jan. 2012 )	+	Total Inventories (Q: Apr. 2012 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Avatar Ventures (GREY:ATAR) 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.

Avatar Ventures's Days Inventory for the three months ended in Apr. 2012 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Apr. 2012 )	/	Cost of Goods Sold (Q: Apr. 2012 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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.

Avatar Ventures's Inventory to Revenue for the quarter that ended in Apr. 2012 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2012 )	/	Revenue (Q: Apr. 2012 )
	=	0	/	0
	=

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.

Avatar Ventures Inventory Turnover Related Terms

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Avatar Ventures (Avatar Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Avatar Ventures Corp (GREY:ATAR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

27281 Las Ramblas, Suite 200, Mission Viejo, CA, USA, 92691

Website

http://www.avatarventurescorp.com

Avatar Ventures Corp intends to be a developer of aftermarket electronic accessories for consumer motor vehicles.

Avatar Ventures (Avatar Ventures) Headlines

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