China Skyrise Digital Service (China Skyrise Digital Service) Change In Inventory : $-0.19 Mil (TTM As of Jun. 2011)

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What is China Skyrise Digital Service Change In Inventory?

China Skyrise Digital Service's change in inventory for the quarter that ended in Jun. 2011 was $0.13 Mil. It means China Skyrise Digital Service's inventory declined by $0.13 Mil from Mar. 2011 to Jun. 2011 .

China Skyrise Digital Service's change in inventory for the fiscal year that ended in Dec. 2010 was $-0.75 Mil. It means China Skyrise Digital Service's inventory increased by $0.75 Mil from Aug. 2009 to Dec. 2010 .

China Skyrise Digital Service's Total Inventories for the quarter that ended in Jun. 2011 was $1.81 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Skyrise Digital Service's Days Inventory for the quarter that ended in Jun. 2011 was 126.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Skyrise Digital Service's Inventory Turnover for the quarter that ended in Jun. 2011 was 0.72.

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. China Skyrise Digital Service's Inventory-to-Revenue for the quarter that ended in Jun. 2011 was 0.89.

China Skyrise Digital Service Change In Inventory Historical Data

The historical data trend for China Skyrise Digital Service's Change In Inventory 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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China Skyrise Digital Service Change In Inventory Chart

China Skyrise Digital Service Annual Data

Trend

Aug07

Aug08

Aug09

Dec10

Change In Inventory

-0.75

China Skyrise Digital Service Quarterly Data
	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11
Change In Inventory	Get a 7-Day Free Trial														-0.06	-0.49	-0.01	0.18	0.13

China Skyrise Digital Service Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.19 Mil.

China Skyrise Digital Service (OTCPK:CSKD) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

China Skyrise Digital Service's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.8795	/	1.354	*	365 / 4
	=	126.66

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

China Skyrise Digital Service's Inventory Turnover for the quarter that ended in Jun. 2011 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.354	/	1.8795
	=	0.72

3. 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.

China Skyrise Digital Service's Inventory to Revenue for the quarter that ended in Jun. 2011 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.8795	/	2.106
	=	0.89

China Skyrise Digital Service Change In Inventory Related Terms

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China Skyrise Digital Service (China Skyrise Digital Service) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Skyrise Digital Service Inc (OTCPK:CSKD) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4/F, M-3rd Building, Hi-tech Industrial Park, Nanshan District, Shenzhen, CHN, 518070

Website

http://www.szskyrise.com

China Skyrise Digital Service Inc through its subsidiaries is engaged in the development, sale, installation and maintenance of digital residential safety and video surveillance products, and in the development and integration of related software in China.

China Skyrise Digital Service (China Skyrise Digital Service) Headlines

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