Averox (Averox) Inventory Turnover : 0.00 (As of Jun. 2009)

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What is Averox 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. Averox's Cost of Goods Sold for the three months ended in Jun. 2009 was $0.26 Mil. Averox's Average Total Inventories for the quarter that ended in Jun. 2009 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Averox's Days Inventory for the three months ended in Jun. 2009 was 0.00.

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. Averox's Inventory-to-Revenue for the quarter that ended in Jun. 2009 was 0.00.

Averox Inventory Turnover Historical Data

The historical data trend for Averox'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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Averox Inventory Turnover Chart

Averox Annual Data

Trend

Dec03

Dec04

Dec05

Jun07

Jun08

Inventory Turnover

Averox Quarterly Data
	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Averox Inventory Turnover Calculation

Averox's Inventory Turnover for the fiscal year that ended in Jun. 2008 is calculated as

	Inventory Turnover (A: Jun. 2008 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2008 )	/ (	(Total Inventories (A: Jun. 2007 )	+	Total Inventories (A: Jun. 2008 ))	/	count )
=	0.927	/ (	(0	+	0)	/	1 )
=	0.927	/	0
=	N/A

Averox's Inventory Turnover for the quarter that ended in Jun. 2009 is calculated as

	Inventory Turnover (Q: Jun. 2009 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2009 )	/ (	(Total Inventories (Q: Mar. 2009 )	+	Total Inventories (Q: Jun. 2009 ))	/	count )
=	0.263	/ (	(0	+	0)	/	1 )
=	0.263	/	0
=	N/A

Averox (OTCPK:AVRI) 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.

Averox's Days Inventory for the three months ended in Jun. 2009 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2009 )	/	Cost of Goods Sold (Q: Jun. 2009 )	*	Days in Period
	=	0	/	0.263	*	365 / 4
	=	0.00

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.

Averox's Inventory to Revenue for the quarter that ended in Jun. 2009 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2009 )	/	Revenue (Q: Jun. 2009 )
	=	0	/	0.239
	=	0.00

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.

Averox Inventory Turnover Related Terms

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Averox (Averox) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Averox Inc (OTCPK:AVRI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

13784 Graber Avenue, Sylmar, CA, USA, 91342

Website

https://www.averox.com

Averox Inc started as a software company writing programs useful to small and large businesses. The current business plan is to merge with a private company, possibly a manufacturer of surgical instruments.

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