ACGI (Amacore Group) Inventory Turnover: 0.00 (As of Jun. 2010)


What is Amacore Group Inventory Turnover?

Amacore Group ACGI Inventory Turnover is 0.00 as of Jun. 2010.

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. Amacore Group's Cost of Goods Sold for the three months ended in Jun. 2010 was $2.65 Mil. Amacore Group's Average Total Inventories for the quarter that ended in Jun. 2010 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Amacore Group's Days Inventory for the three months ended in Jun. 2010 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. Amacore Group's Inventory-to-Revenue for the quarter that ended in Jun. 2010 was 0.00.

Amacore Group  (OTCPK:ACGI) 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.

Amacore Group's Days Inventory for the three months ended in Jun. 2010 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2010 )/Cost of Goods Sold (Q: Jun. 2010 )*Days in Period
=0/2.648*365 / 4
=0.00

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.

Amacore Group's Inventory to Revenue for the quarter that ended in Jun. 2010 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2010 ) / Revenue (Q: Jun. 2010 )
=0 / 4.305
=0.00

* 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.

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.

Amacore Group Inventory Turnover Related Terms

Amacore Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Amacore 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.

Amacore Group Inventory Turnover Chart

Amacore Group Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 58.58 547.53 0.00

Amacore Group Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 203.13 191.92 220.00 0.00 0.00

Amacore Group Inventory Turnover Calculation

Amacore Group's Inventory Turnover for the fiscal year that ended in Dec. 2009 is calculated as

Inventory Turnover (A: Dec. 2009 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2009 ) / ((Total Inventories (A: Dec. 2008 ) + Total Inventories (A: Dec. 2009 )) / count )
=19.432 / ((0 + 0) / 1 )
=19.432 / 0
=N/A

Amacore Group's Inventory Turnover for the quarter that ended in Jun. 2010 is calculated as

Inventory Turnover (Q: Jun. 2010 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2010 ) / ((Total Inventories (Q: Mar. 2010 ) + Total Inventories (Q: Jun. 2010 )) / count )
=2.648 / ((0 + 0) / 1 )
=2.648 / 0
=N/A

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Amacore Group (ACGI) has a Inventory Turnover of 0.00 as of Jun. 2010. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Amacore Group and its competitors.
Is Amacore Group's Inventory Turnover too high?
Amacore Group's current Inventory Turnover is 0.00.
How does Amacore Group's Inventory Turnover compare to ASNB and UNISQ?
Amacore Group's Inventory Turnover of 0.00 can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Healthcare Providers & Services company?
A good Inventory Turnover depends on the Healthcare Providers & Services industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Amacore Group and its competitors. Amacore Group's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amacore Group stock overvalued right now?
Amacore Group (ACGI) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Amacore Group (ACGI), the current Inventory Turnover is 0.00 as of Jun. 2010. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Amacore Group Business Description

Address Maitland Promenade 1, Suite 450, 485 North Keller Road, Maitland, FL, USA, 32751
Amacore Group Inc provides and markets healthcare-related membership products such as limited and major medical insurance programs, supplemental medical insurance and discount dental and vision programs for individuals and families. It offers services through agents, sales representatives, and marketing partners.