Verecloud (Verecloud) Inventory Turnover : 0.00 (As of Sep. 2011)

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What is Verecloud 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. Verecloud's Cost of Goods Sold for the three months ended in Sep. 2011 was $0.30 Mil. Verecloud's Average Total Inventories for the quarter that ended in Sep. 2011 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Verecloud's Days Inventory for the three months ended in Sep. 2011 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. Verecloud's Inventory-to-Revenue for the quarter that ended in Sep. 2011 was 0.00.

Verecloud Inventory Turnover Historical Data

The historical data trend for Verecloud'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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Verecloud Inventory Turnover Chart

Verecloud Annual Data

Trend

Jul08

Jul09

Jun10

Jun11

Inventory Turnover

Verecloud Quarterly Data
	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Inventory Turnover	Get a 7-Day Free Trial											-	-	-	-	-

Verecloud Inventory Turnover Calculation

Verecloud's Inventory Turnover for the fiscal year that ended in Jun. 2011 is calculated as

	Inventory Turnover (A: Jun. 2011 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2011 )	/ (	(Total Inventories (A: Jun. 2010 )	+	Total Inventories (A: Jun. 2011 ))	/	count )
=	2.314	/ (	(0	+	0)	/	1 )
=	2.314	/	0
=	N/A

Verecloud's Inventory Turnover for the quarter that ended in Sep. 2011 is calculated as

	Inventory Turnover (Q: Sep. 2011 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2011 )	/ (	(Total Inventories (Q: Jun. 2011 )	+	Total Inventories (Q: Sep. 2011 ))	/	count )
=	0.295	/ (	(0	+	0)	/	1 )
=	0.295	/	0
=	N/A

Verecloud (OTCPK:VCLD) 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.

Verecloud's Days Inventory for the three months ended in Sep. 2011 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2011 )	/	Cost of Goods Sold (Q: Sep. 2011 )	*	Days in Period
	=	0	/	0.295	*	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.

Verecloud's Inventory to Revenue for the quarter that ended in Sep. 2011 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2011 )	/	Revenue (Q: Sep. 2011 )
	=	0	/	0.141
	=	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.

Verecloud Inventory Turnover Related Terms

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Verecloud (Verecloud) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

6560 South Greenwood Plaza Boulevard, Suite 400, Englewood, CO, USA, 80111

Website

http://www.verecloud.com

Verecloud Inc is a United States based technology company. The company created Nimbus CSB, is a cloud service brokerage platform, which connects and integrates cloud service suppliers to small and medium-size businesses (SMBs) through multiple distribution channels.

Executives

Gary A Agron

10 percent owner

5445 DTC PARKWAY, SUITE 520, ENGLEWOOD CO 80111

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