Allegiant Professional Business Services (Allegiant Professional Business Services) Inventory Turnover : 0.00 (As of Dec. 2008)

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What is Allegiant Professional Business Services 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. Allegiant Professional Business Services's Cost of Goods Sold for the three months ended in Dec. 2008 was $1.50 Mil. Allegiant Professional Business Services's Average Total Inventories for the quarter that ended in Dec. 2008 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Allegiant Professional Business Services's Days Inventory for the three months ended in Dec. 2008 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. Allegiant Professional Business Services's Inventory-to-Revenue for the quarter that ended in Dec. 2008 was 0.00.

Allegiant Professional Business Services Inventory Turnover Historical Data

The historical data trend for Allegiant Professional Business Services'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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Allegiant Professional Business Services Inventory Turnover Chart

Allegiant Professional Business Services Annual Data

Trend

Sep05

Sep06

Sep07

Sep08

Inventory Turnover

Allegiant Professional Business Services Quarterly Data
	Sep05	Dec05	Mar06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08
Inventory Turnover	Get a 7-Day Free Trial								-	-	-	-	-

Allegiant Professional Business Services Inventory Turnover Calculation

Allegiant Professional Business Services's Inventory Turnover for the fiscal year that ended in Sep. 2008 is calculated as

	Inventory Turnover (A: Sep. 2008 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2008 )	/ (	(Total Inventories (A: Sep. 2007 )	+	Total Inventories (A: Sep. 2008 ))	/	count )
=	3.514	/ (	(0	+	0)	/	1 )
=	3.514	/	0
=	N/A

Allegiant Professional Business Services's Inventory Turnover for the quarter that ended in Dec. 2008 is calculated as

	Inventory Turnover (Q: Dec. 2008 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2008 )	/ (	(Total Inventories (Q: Sep. 2008 )	+	Total Inventories (Q: Dec. 2008 ))	/	count )
=	1.501	/ (	(0	+	0)	/	1 )
=	1.501	/	0
=	N/A

Allegiant Professional Business Services (OTCPK:APRO) 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.

Allegiant Professional Business Services's Days Inventory for the three months ended in Dec. 2008 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2008 )	/	Cost of Goods Sold (Q: Dec. 2008 )	*	Days in Period
	=	0	/	1.501	*	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.

Allegiant Professional Business Services's Inventory to Revenue for the quarter that ended in Dec. 2008 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2008 )	/	Revenue (Q: Dec. 2008 )
	=	0	/	1.163
	=	0.00

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.

Allegiant Professional Business Services Inventory Turnover Related Terms

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Allegiant Professional Business Services (Allegiant Professional Business Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Allegiant Professional Business Services Inc (OTCPK:APRO) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

11838 Bernardo Plaza Ct., Suite 240, San Diego, CA, USA, 92128

Website

http://www.allegiantprofessional.com

Allegiant Professional Business Services Inc is a comprehensive employer business solutions provider like payroll processing, tax administration, workers' compensation insurance, human resources, and employee benefits.

Executives

James M Cassidy

10 percent owner

215 APOLENA AVENUE, NEWPORT BEACH CA 92662

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