American Community Newspapers (American Community Newspapers) Inventory Turnover : 9.01 (As of Jun. 2008)

View and export this data going back to 2005. Start your Free Trial

What is American Community Newspapers 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. American Community Newspapers's Cost of Goods Sold for the three months ended in Jun. 2008 was $7.71 Mil. American Community Newspapers's Average Total Inventories for the quarter that ended in Jun. 2008 was $0.86 Mil. American Community Newspapers's Inventory Turnover for the quarter that ended in Jun. 2008 was 9.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. American Community Newspapers's Days Inventory for the three months ended in Jun. 2008 was 10.12.

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. American Community Newspapers's Inventory-to-Revenue for the quarter that ended in Jun. 2008 was 0.05.

American Community Newspapers Inventory Turnover Historical Data

The historical data trend for American Community Newspapers'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.

* Premium members only.

American Community Newspapers Inventory Turnover Chart

American Community Newspapers Annual Data

Trend

Dec05

Dec06

Dec07

Inventory Turnover

25.80

American Community Newspapers Quarterly Data
	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08
Inventory Turnover	Get a 7-Day Free Trial								-	11.99	12.21	9.47	9.01

American Community Newspapers Inventory Turnover Calculation

American Community Newspapers's Inventory Turnover for the fiscal year that ended in Dec. 2007 is calculated as

	Inventory Turnover (A: Dec. 2007 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2007 )	/ (	(Total Inventories (A: Dec. 2006 )	+	Total Inventories (A: Dec. 2007 ))	/	count )
=	15.972	/ (	(0	+	0.619)	/	1 )
=	15.972	/	0.619
=	25.80

American Community Newspapers'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: Mar. 2008 )	+	Total Inventories (Q: Jun. 2008 ))	/	count )
=	7.706	/ (	(0.958	+	0.752)	/	2 )
=	7.706	/	0.855
=	9.01

American Community Newspapers (OTCPK:ACNI) 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.

American Community Newspapers'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
	=	0.855	/	7.706	*	365 / 4
	=	10.12

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.

American Community Newspapers'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 )
	=	0.855	/	17.211
	=	0.05

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.

American Community Newspapers Inventory Turnover Related Terms

Thank you for viewing the detailed overview of American Community Newspapers's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

American Community Newspapers (American Community Newspapers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » American Community Newspapers Inc (OTCPK:ACNI) » Definitions » Inventory Turnover

Comparable Companies

FRLF GLBD EDUC MNI AHC LEE VALU DJCO IDWM TRNC NEWM GCI TIME SCHL MDP NYT JW.B

Traded in Other Exchanges

N/A

Address

14875 Landmark Boulevard, Suite 110, Addison, TX, USA, 75254

Website

http://www.acnpapers.com

American Community Newspapers Inc is a community newspaper publisher in the United States, operating within four major U.S. markets.

Executives

Rachesky Mark H Md	10 percent owner	40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Fund Management Llc	10 percent owner	1345 AVENUE OF THE AMERICAS,, 42ND FLOOR, NEW YORK NY 10105
Mhr Advisors Llc	10 percent owner
Marilyn Rubenstein	10 percent owner
Woodland Services Corp	10 percent owner
Israel A Englander	other: May be deemed as group member.	C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Millenco, L.l.c.	10 percent owner	C/O MILLENNIUM MANAGEMENT LLC, 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103
Millennium Management Llc	other: May be deemed as group member.	399 PARK AVENUE, NEW YORK NY 10022
Barry Rubenstein	10 percent owner	68 WHEATLEY RD, BROOKVILLE NY 11545

American Community Newspapers (American Community Newspapers) Headlines

No Headlines