Solvay Bank (Solvay Bank) Change In Inventory : $0.00 Mil (TTM As of Sep. 2010)

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What is Solvay Bank Change In Inventory?

Solvay Bank's change in inventory for the quarter that ended in Sep. 2010 was $0.00 Mil. It means Solvay Bank's inventory stayed the same from Jun. 2010 to Sep. 2010 .

Solvay Bank's change in inventory for the fiscal year that ended in Dec. 2009 was $0.00 Mil. It means Solvay Bank's inventory stayed the same from Dec. 2008 to Dec. 2009 .

Solvay Bank's Total Inventories for the quarter that ended in Sep. 2010 was $0.00 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.

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. Solvay Bank's Inventory-to-Revenue for the quarter that ended in Sep. 2010 was 0.00.

Solvay Bank Change In Inventory Historical Data

The historical data trend for Solvay Bank'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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Solvay Bank Change In Inventory Chart

Solvay Bank Annual Data

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Change In Inventory

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Solvay Bank Quarterly Data
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Solvay Bank 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. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Solvay Bank (OTCPK:SOBS) Change In Inventory Explanation

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

Solvay Bank'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	/	0	*	365 / 4
	=	N/A

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

Solvay Bank's Inventory Turnover for the quarter that ended in Sep. 2010 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

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.

Solvay Bank's Inventory to Revenue for the quarter that ended in Sep. 2010 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	5.83
	=	0.00

Solvay Bank Change In Inventory Related Terms

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Solvay Bank (Solvay Bank) Business Description

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Address

1537 Milton Avenue, Solvay, NY, USA, 13209

Website

https://www.solvaybank.com

Solvay Bank is a United States based community bank. It offers personal and business banking services. The bank provides business loans, deposit accounts, small business administration, commercial real estate, special lending programs, electronic services, merchant services and other banking services. The objectives of the Company's security portfolio are to provide liquidity for future funding needs, a safe and lower-risk investment alternative for idle funds, and a stable source of core earnings.