Storage Computer (Storage Computer) Inventory Turnover : 0.15 (As of Sep. 2004)

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What is Storage Computer 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. Storage Computer's Cost of Goods Sold for the three months ended in Sep. 2004 was $0.16 Mil. Storage Computer's Average Total Inventories for the quarter that ended in Sep. 2004 was $1.08 Mil. Storage Computer's Inventory Turnover for the quarter that ended in Sep. 2004 was 0.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Storage Computer's Days Inventory for the three months ended in Sep. 2004 was 624.89.

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. Storage Computer's Inventory-to-Revenue for the quarter that ended in Sep. 2004 was 12.58.

Storage Computer Inventory Turnover Historical Data

The historical data trend for Storage Computer'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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Storage Computer Inventory Turnover Chart

Storage Computer Annual Data

Trend

Dec94

Dec95

Dec96

Dec97

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Inventory Turnover

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0.77

1.09

1.93

2.67

1.31

Storage Computer Quarterly Data
	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04
Inventory Turnover	Get a 7-Day Free Trial															0.21	0.49	0.16	0.16	0.15

Storage Computer Inventory Turnover Calculation

Storage Computer's Inventory Turnover for the fiscal year that ended in Dec. 2003 is calculated as

	Inventory Turnover (A: Dec. 2003 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2003 )	/ (	(Total Inventories (A: Dec. 2002 )	+	Total Inventories (A: Dec. 2003 ))	/	count )
=	2.239	/ (	(2.032	+	1.39)	/	2 )
=	2.239	/	1.711
=	1.31

Storage Computer's Inventory Turnover for the quarter that ended in Sep. 2004 is calculated as

	Inventory Turnover (Q: Sep. 2004 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2004 )	/ (	(Total Inventories (Q: Jun. 2004 )	+	Total Inventories (Q: Sep. 2004 ))	/	count )
=	0.158	/ (	(1.111	+	1.053)	/	2 )
=	0.158	/	1.082
=	0.15

Storage Computer (GREY:SOSO) 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.

Storage Computer's Days Inventory for the three months ended in Sep. 2004 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2004 )	/	Cost of Goods Sold (Q: Sep. 2004 )	*	Days in Period
	=	1.082	/	0.158	*	365 / 4
	=	624.89

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.

Storage Computer's Inventory to Revenue for the quarter that ended in Sep. 2004 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2004 )	/	Revenue (Q: Sep. 2004 )
	=	1.082	/	0.086
	=	12.58

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.

Storage Computer Inventory Turnover Related Terms

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Storage Computer (Storage Computer) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Storage Computer Corp (GREY:SOSO) » Definitions » Inventory Turnover

Comparable Companies

CRDS MSDI GLA USAU QTM TFECF GDS PSTG TDC BRCD NTAP STX WDC

Traded in Other Exchanges

N/A

Address

11 Riverside Drive, Nashua, NH, USA, 03062-1373

Website

https://www.storage.com

Storage Computer Corp designs and manufactures disk-storage subsystems and solid-state disks for enterprise-wide computer storage systems.

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