Vimicro International (Vimicro International) Inventory Turnover : 1.10 (As of Jun. 2015)

View and export this data going back to . Start your Free Trial

What is Vimicro International 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. Vimicro International's Cost of Goods Sold for the three months ended in Jun. 2015 was $16.7 Mil. Vimicro International's Average Total Inventories for the quarter that ended in Jun. 2015 was $15.2 Mil. Vimicro International's Inventory Turnover for the quarter that ended in Jun. 2015 was 1.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vimicro International's Days Inventory for the three months ended in Jun. 2015 was 82.95.

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. Vimicro International's Inventory-to-Revenue for the quarter that ended in Jun. 2015 was 0.48.

Vimicro International Inventory Turnover Historical Data

The historical data trend for Vimicro International'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.

* Premium members only.

Vimicro International Inventory Turnover Chart

Vimicro International Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Inventory Turnover

Get a 7-Day Free Trial

4.35

2.37

3.00

3.35

4.46

Vimicro International Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Inventory Turnover	Get a 7-Day Free Trial															0.94	1.00	1.33	0.80	1.10

Vimicro International Inventory Turnover Calculation

Vimicro International's Inventory Turnover for the fiscal year that ended in Dec. 2014 is calculated as

	Inventory Turnover (A: Dec. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2014 )	/ (	(Total Inventories (A: Dec. 2013 )	+	Total Inventories (A: Dec. 2014 ))	/	count )
=	61.353	/ (	(13.812	+	13.719)	/	2 )
=	61.353	/	13.7655
=	4.46

Vimicro International's Inventory Turnover for the quarter that ended in Jun. 2015 is calculated as

	Inventory Turnover (Q: Jun. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2015 )	/ (	(Total Inventories (Q: Mar. 2015 )	+	Total Inventories (Q: Jun. 2015 ))	/	count )
=	16.669	/ (	(15.089	+	15.215)	/	2 )
=	16.669	/	15.152
=	1.10

Vimicro International (NAS:VIMC) 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.

Vimicro International's Days Inventory for the three months ended in Jun. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2015 )	/	Cost of Goods Sold (Q: Jun. 2015 )	*	Days in Period
	=	15.152	/	16.669	*	365 / 4
	=	82.95

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.

Vimicro International's Inventory to Revenue for the quarter that ended in Jun. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2015 )	/	Revenue (Q: Jun. 2015 )
	=	15.152	/	31.741
	=	0.48

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.

Vimicro International Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Vimicro International's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Vimicro International (Vimicro International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Vimicro International Corp (NAS:VIMC) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.vimicro.com

Vimicro International is one of China's leading semiconductor design companies. The firm makes mixed-signal multimedia chips used in PC, embedded notebook webcams, mobile phones, and video cameras. The firm recently launched a surveillance segment that provides comprehensive security systems to customers, bundling its chips with other hardware, software, and nonsoftware acquired from third party vendors. The company was founded in 1999.

Vimicro International (Vimicro International) Headlines

No Headlines