Aristocrat Group (Aristocrat Group) Inventory Turnover : 1.11 (As of Apr. 2016)

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What is Aristocrat 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. Aristocrat Group's Cost of Goods Sold for the three months ended in Apr. 2016 was $0.02 Mil. Aristocrat Group's Average Total Inventories for the quarter that ended in Apr. 2016 was $0.02 Mil. Aristocrat Group's Inventory Turnover for the quarter that ended in Apr. 2016 was 1.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aristocrat Group's Days Inventory for the three months ended in Apr. 2016 was 82.56.

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. Aristocrat Group's Inventory-to-Revenue for the quarter that ended in Apr. 2016 was 0.66.

Aristocrat Group Inventory Turnover Historical Data

The historical data trend for Aristocrat 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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Aristocrat Group Inventory Turnover Chart

Aristocrat Group Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Inventory Turnover

1.73

7.52

Aristocrat Group Quarterly Data
	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16
Inventory Turnover	Get a 7-Day Free Trial														0.71	1.20	0.35	0.46	1.11

Aristocrat Group Inventory Turnover Calculation

Aristocrat Group's Inventory Turnover for the fiscal year that ended in Jul. 2015 is calculated as

	Inventory Turnover (A: Jul. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2015 )	/ (	(Total Inventories (A: Jul. 2014 )	+	Total Inventories (A: Jul. 2015 ))	/	count )
=	0.094	/ (	(0.015	+	0.01)	/	2 )
=	0.094	/	0.0125
=	7.52

Aristocrat Group's Inventory Turnover for the quarter that ended in Apr. 2016 is calculated as

	Inventory Turnover (Q: Apr. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Apr. 2016 )	/ (	(Total Inventories (Q: Jan. 2016 )	+	Total Inventories (Q: Apr. 2016 ))	/	count )
=	0.021	/ (	(0.029	+	0.009)	/	2 )
=	0.021	/	0.019
=	1.11

Aristocrat Group (OTCPK:ASCC) 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.

Aristocrat Group's Days Inventory for the three months ended in Apr. 2016 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Apr. 2016 )	/	Cost of Goods Sold (Q: Apr. 2016 )	*	Days in Period
	=	0.019	/	0.021	*	365 / 4
	=	82.56

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.

Aristocrat Group's Inventory to Revenue for the quarter that ended in Apr. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2016 )	/	Revenue (Q: Apr. 2016 )
	=	0.019	/	0.029
	=	0.66

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.

Aristocrat Group Inventory Turnover Related Terms

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Aristocrat Group (Aristocrat Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Aristocrat Group Corp (OTCPK:ASCC) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

4701 Pine Circle Drive, Bellaire, TX, USA, 77401

Website

http://www.aristocratgroupcorp.com

Aristocrat Group Corp is a United States based company engaged in distilled spirits industry, with a focus on the Vodka segment. The company is focused on developing the distilled spirits line of business.

Executives

Robert Federowicz

director, officer: CEO & Chairman

495 GRAND BLVD., SUITE 206, MIRAMAR BEACH FL 32550

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