ADFS (American Defense Systems) Inventory Turnover: 0.00 (As of Sep. 2012)


What is American Defense Systems Inventory Turnover?

American Defense Systems ADFS Inventory Turnover is 0.00 as of Sep. 2012.

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 Defense Systems's Cost of Goods Sold for the three months ended in Sep. 2012 was $0.91 Mil. American Defense Systems's Average Total Inventories for the quarter that ended in Sep. 2012 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. American Defense Systems's Days Inventory for the three months ended in Sep. 2012 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. American Defense Systems's Inventory-to-Revenue for the quarter that ended in Sep. 2012 was 0.00.

American Defense Systems  (OTCPK:ADFS) 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 Defense Systems's Days Inventory for the three months ended in Sep. 2012 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2012 )/Cost of Goods Sold (Q: Sep. 2012 )*Days in Period
=0/0.908*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.

American Defense Systems's Inventory to Revenue for the quarter that ended in Sep. 2012 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2012 ) / Revenue (Q: Sep. 2012 )
=0 / 1.601
=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.

American Defense Systems Inventory Turnover Related Terms

American Defense Systems Inventory Turnover Historical Data

* Premium members only.

The historical data trend for American Defense Systems'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.

American Defense Systems Inventory Turnover Chart

American Defense Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Inventory Turnover
Get a 7-Day Free Trial 56.56 46.74 54.64 0.00 0.00

American Defense Systems Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 0.00 0.00 0.00 0.00 0.00

American Defense Systems Inventory Turnover Calculation

American Defense Systems's Inventory Turnover for the fiscal year that ended in Dec. 2011 is calculated as

Inventory Turnover (A: Dec. 2011 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2011 ) / ((Total Inventories (A: Dec. 2010 ) + Total Inventories (A: Dec. 2011 )) / count )
=5.329 / ((0 + 0) / 1 )
=5.329 / 0
=N/A

American Defense Systems's Inventory Turnover for the quarter that ended in Sep. 2012 is calculated as

Inventory Turnover (Q: Sep. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2012 ) / ((Total Inventories (Q: Jun. 2012 ) + Total Inventories (Q: Sep. 2012 )) / count )
=0.908 / ((0 + 0) / 1 )
=0.908 / 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?
American Defense Systems (ADFS) has a Inventory Turnover of 0.00 as of Sep. 2012. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on American Defense Systems and its competitors.
Is American Defense Systems' Inventory Turnover too high?
American Defense Systems' current Inventory Turnover is 0.00.
How does American Defense Systems' Inventory Turnover compare to ASDN and MKRS?
American Defense Systems' Inventory Turnover of 0.00 can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Inventory Turnover depends on the Aerospace & Defense 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 American Defense Systems and its competitors. American Defense Systems'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 American Defense Systems stock overvalued right now?
American Defense Systems (ADFS) 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 American Defense Systems (ADFS), the current Inventory Turnover is 0.00 as of Sep. 2012. 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.

American Defense Systems Business Description

Address 3440 Toringdon way, suite 205, Room 218, Charlotte, NC, USA, 28277
American Defense Systems Inc is a defense and security products company engaged in three business areas: customized transparent and opaque armor solutions; architectural hardening and perimeter defense and tactical training products and services. It serves US government agencies, general contractors and other commercial and private entities operating in high-threat locations.