Global Water Technologies (Global Water Technologies) Inventory Turnover : 13.23 (As of Mar. 2002)

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What is Global Water Technologies 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. Global Water Technologies's Cost of Goods Sold for the three months ended in Mar. 2002 was $23.09 Mil. Global Water Technologies's Average Total Inventories for the quarter that ended in Mar. 2002 was $1.75 Mil. Global Water Technologies's Inventory Turnover for the quarter that ended in Mar. 2002 was 13.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Global Water Technologies's Days Inventory for the three months ended in Mar. 2002 was 6.90.

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. Global Water Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2002 was 0.07.

Global Water Technologies Inventory Turnover Historical Data

The historical data trend for Global Water Technologies'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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Global Water Technologies Inventory Turnover Chart

Global Water Technologies Annual Data

Trend

Dec01

Inventory Turnover

45.75

Global Water Technologies Quarterly Data
	Jun01	Sep01	Dec01	Mar02
Inventory Turnover	-	-	16.76	13.23

Global Water Technologies Inventory Turnover Calculation

Global Water Technologies's Inventory Turnover for the fiscal year that ended in Dec. 2001 is calculated as

	Inventory Turnover (A: Dec. 2001 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2001 )	/ (	(Total Inventories (A: . 20 )	+	Total Inventories (A: Dec. 2001 ))	/	count )
=	79.841	/ (	(	+	1.745)	/	1 )
=	79.841	/	1.745
=	45.75

Global Water Technologies's Inventory Turnover for the quarter that ended in Mar. 2002 is calculated as

	Inventory Turnover (Q: Mar. 2002 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2002 )	/ (	(Total Inventories (Q: Dec. 2001 )	+	Total Inventories (Q: Mar. 2002 ))	/	count )
=	23.088	/ (	(1.745	+	0)	/	1 )
=	23.088	/	1.745
=	13.23

Global Water Technologies (OTCPK:GWTR) 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.

Global Water Technologies's Days Inventory for the three months ended in Mar. 2002 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2002 )	/	Cost of Goods Sold (Q: Mar. 2002 )	*	Days in Period
	=	1.745	/	23.088	*	365 / 4
	=	6.90

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.

Global Water Technologies's Inventory to Revenue for the quarter that ended in Mar. 2002 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2002 )	/	Revenue (Q: Mar. 2002 )
	=	1.745	/	25.1
	=	0.07

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.

Global Water Technologies Inventory Turnover Related Terms

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Global Water Technologies (Global Water Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Global Water Technologies Inc (OTCPK:GWTR) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

125 W. South Street, Suite 702, Indianapolis, IN, USA, 46206

Website

http://www.gwtr.com

Global Water Technologies Inc is involved in the development and commercialization of new technologies to improve efficiency in drinking water systems and sales of water treatment products and services. It also develops smart water grid solutions.

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