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CMA (ASX:CMV) Inventory Turnover : 17.17 (As of Jun. 2012)


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What is CMA 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. CMA's Cost of Goods Sold for the six months ended in Jun. 2012 was A$349.2 Mil. CMA's Average Total Inventories for the quarter that ended in Jun. 2012 was A$20.3 Mil. CMA's Inventory Turnover for the quarter that ended in Jun. 2012 was 17.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CMA's Days Inventory for the six months ended in Jun. 2012 was 10.63.

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. CMA's Inventory-to-Revenue for the quarter that ended in Jun. 2012 was 0.09.

CMA Inventory Turnover Historical Data

The historical data trend for CMA'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.

CMA Inventory Turnover Chart

CMA Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Inventory Turnover
Get a 7-Day Free Trial 8.68 5.85 5.95 7.61 17.17

CMA Semi-Annual Data
Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Inventory Turnover Get a 7-Day Free Trial 8.68 5.85 5.95 7.61 17.17

CMA Inventory Turnover Calculation

CMA's Inventory Turnover for the fiscal year that ended in Jun. 2012 is calculated as

Inventory Turnover (A: Jun. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2012 ) / ((Total Inventories (A: Jun. 2011 ) + Total Inventories (A: Jun. 2012 )) / count )
=349.156 / ((23.969 + 16.703) / 2 )
=349.156 / 20.336
=17.17

CMA's Inventory Turnover for the quarter that ended in Jun. 2012 is calculated as

Inventory Turnover (Q: Jun. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2012 ) / ((Total Inventories (Q: Jun. 2011 ) + Total Inventories (Q: Jun. 2012 )) / count )
=349.156 / ((23.969 + 16.703) / 2 )
=349.156 / 20.336
=17.17

* 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.

CMA  (ASX:CMV) 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.

CMA's Days Inventory for the six months ended in Jun. 2012 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2012 )/Cost of Goods Sold (Q: Jun. 2012 )*Days in Period
=20.336/349.156*365 / 2
=10.63

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.

CMA's Inventory to Revenue for the quarter that ended in Jun. 2012 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2012 ) / Revenue (Q: Jun. 2012 )
=20.336 / 238.141
=0.09

* 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.

CMA Inventory Turnover Related Terms

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CMA (ASX:CMV) Business Description

Industry
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Traded in Other Exchanges
N/A
Address
Website
http://www.cmacorp.net
CMA Corp Ltd is an integrated recycling group that provides products and services through a network of over 31 modern recycling facilities in Australia, Asia and North America. The group's major activities are the processing and recycling of predominantly secondary ferrous and non-ferrous metal products. The company also provides end-to-end recycling solutions.

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