Aamaxan Transport Group (Aamaxan Transport Group) Inventory Turnover : 3.40 (As of Jun. 2008)

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What is Aamaxan Transport Group 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. Aamaxan Transport Group's Cost of Goods Sold for the three months ended in Jun. 2008 was $6.21 Mil. Aamaxan Transport Group's Average Total Inventories for the quarter that ended in Jun. 2008 was $1.52 Mil. Aamaxan Transport Group's Inventory Turnover for the quarter that ended in Jun. 2008 was 3.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aamaxan Transport Group's Days Inventory for the three months ended in Jun. 2008 was 22.29.

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. Aamaxan Transport Group's Inventory-to-Revenue for the quarter that ended in Jun. 2008 was 0.16.

Aamaxan Transport Group Inventory Turnover Historical Data

The historical data trend for Aamaxan Transport Group'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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Aamaxan Transport Group Inventory Turnover Chart

Aamaxan Transport Group Annual Data

Trend

Jan06

Jan07

Inventory Turnover

Aamaxan Transport Group Quarterly Data
	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Jun08
Inventory Turnover	Get a 7-Day Free Trial				-	-	-	-	3.40

Aamaxan Transport Group Inventory Turnover Calculation

Aamaxan Transport Group's Inventory Turnover for the fiscal year that ended in Jan. 2007 is calculated as

	Inventory Turnover (A: Jan. 2007 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2007 )	/ (	(Total Inventories (A: Jan. 2006 )	+	Total Inventories (A: Jan. 2007 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Aamaxan Transport Group's Inventory Turnover for the quarter that ended in Jun. 2008 is calculated as

	Inventory Turnover (Q: Jun. 2008 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2008 )	/ (	(Total Inventories (Q: Jan. 2008 )	+	Total Inventories (Q: Jun. 2008 ))	/	count )
=	6.207	/ (	(1.207	+	1.826)	/	2 )
=	6.207	/	1.5165
=	4.09

Aamaxan Transport Group (GREY:AAXT) 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.

Aamaxan Transport Group's Days Inventory for the three months ended in Jun. 2008 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2008 )	/	Cost of Goods Sold (Q: Jun. 2008 )	*	Days in Period
	=	1.5165	/	6.207	*	365 / 4
	=	22.29

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.

Aamaxan Transport Group's Inventory to Revenue for the quarter that ended in Jun. 2008 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2008 )	/	Revenue (Q: Jun. 2008 )
	=	1.5165	/	9.781
	=	0.16

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.

Aamaxan Transport Group Inventory Turnover Related Terms

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Aamaxan Transport Group (Aamaxan Transport Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Aamaxan Transport Group Inc (GREY:AAXT) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

31 Walmer Road, Suite 6, Toronto, ON, CAN, M5R 2W7

Website

Aamaxan Transport Group Inc is a development stage company seeking for potential operating businesses and business opportunities with the intent to acquire or merge with such businesses.

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