Safetek International (Safetek International) Change In Inventory : $-0.11 Mil (TTM As of Sep. 2006)

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What is Safetek International Change In Inventory?

Safetek International's change in inventory for the quarter that ended in Sep. 2006 was $-0.00 Mil. It means Safetek International's inventory increased by $0.00 Mil from Jun. 2006 to Sep. 2006 .

Safetek International's change in inventory for the fiscal year that ended in Dec. 2005 was $0.00 Mil. It means Safetek International's inventory stayed the same from Dec. 2004 to Dec. 2005 .

Safetek International's Total Inventories for the quarter that ended in Sep. 2006 was $0.11 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Safetek International's Inventory Turnover for the quarter that ended in Sep. 2006 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.

Safetek International Change In Inventory Historical Data

The historical data trend for Safetek International'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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Safetek International Change In Inventory Chart

Safetek International Annual Data

Trend

Dec03

Dec04

Dec05

Change In Inventory

Safetek International Quarterly Data
	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
Change In Inventory	Get a 7-Day Free Trial						-	-	-0.10	-0.01	-

Safetek International 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 Sep. 2006 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.11 Mil.

Safetek International (OTCPK:SFIN) Change In Inventory Explanation

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

Safetek International's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.1065	/	0	*	365 / 4
	=	N/A

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

Safetek International's Inventory Turnover for the quarter that ended in Sep. 2006 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0.1065
	=	0.00

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.

Safetek International's Inventory to Revenue for the quarter that ended in Sep. 2006 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.1065	/	0
	=	N/A

Safetek International Change In Inventory Related Terms

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Safetek International (Safetek International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Safetek International Inc (OTCPK:SFIN) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

20 Chapel Street, Brentwood B, Liverpool, GBR, L39AG

Website

http://www.safetekinternational.com

Safetek International Inc currently has no operations. Previously, it was engaged in manufacturing prototypes and distributing the final product on behalf of technology developers.

Safetek International (Safetek International) Headlines

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