Tandou (Tandou) Inventory Turnover : 0.55 (As of Dec. 2014)

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What is Tandou 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. Tandou's Cost of Goods Sold for the six months ended in Dec. 2014 was $41.17 Mil. Tandou's Average Total Inventories for the quarter that ended in Dec. 2014 was $74.24 Mil. Tandou's Inventory Turnover for the quarter that ended in Dec. 2014 was 0.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tandou's Days Inventory for the six months ended in Dec. 2014 was 329.09.

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. Tandou's Inventory-to-Revenue for the quarter that ended in Dec. 2014 was 2.24.

Tandou Inventory Turnover Historical Data

The historical data trend for Tandou'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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Tandou Inventory Turnover Chart

Tandou Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Jun12

Jun13

Jun14

Inventory Turnover

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1.96

0.81

1.67

1.59

1.45

Tandou Semi-Annual Data
	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14
Inventory Turnover	Get a 7-Day Free Trial															1.31	0.63	0.83	0.62	0.55

Tandou Inventory Turnover Calculation

Tandou's Inventory Turnover for the fiscal year that ended in Jun. 2014 is calculated as

	Inventory Turnover (A: Jun. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2014 )	/ (	(Total Inventories (A: Jun. 2013 )	+	Total Inventories (A: Jun. 2014 ))	/	count )
=	97.291	/ (	(51.508	+	82.643)	/	2 )
=	97.291	/	67.0755
=	1.45

Tandou's Inventory Turnover for the quarter that ended in Dec. 2014 is calculated as

	Inventory Turnover (Q: Dec. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2014 )	/ (	(Total Inventories (Q: Jun. 2014 )	+	Total Inventories (Q: Dec. 2014 ))	/	count )
=	41.173	/ (	(82.643	+	65.845)	/	2 )
=	41.173	/	74.244
=	0.55

Tandou (OTCPK:TDUFF) 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.

Tandou's Days Inventory for the six months ended in Dec. 2014 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2014 )	/	Cost of Goods Sold (Q: Dec. 2014 )	*	Days in Period
	=	74.244	/	41.173	*	365 / 2
	=	329.09

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.

Tandou's Inventory to Revenue for the quarter that ended in Dec. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2014 )	/	Revenue (Q: Dec. 2014 )
	=	74.244	/	33.211
	=	2.24

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.

Tandou Inventory Turnover Related Terms

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Tandou (Tandou) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tandou Ltd (OTCPK:TDUFF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.tandou.com.au

Tandou Ltd is an Australia based company produces and sells irrigated cotton and cereal crops. Business activity of the firm is operated with two segments namely Farming and Water Operations. The Farming operation comprises of the production of crops (upland cotton and cereal) for sale in Australian and international markets as well as pastoral activities relating to sheep and cattle. The Water operation segment includes the trading of permanent water entitlements and temporary water allocations. In addition, it is also involved in the Production of livestock at Tandou Farm. Tandou derives the majority of revenue from the farming segment.

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