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ISS Group Limited (ASX:ISS) Inventory Turnover : 0.00 (As of Dec. 2012)


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What is ISS Group Limited 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. ISS Group Limited's Cost of Goods Sold for the six months ended in Dec. 2012 was A$0.00 Mil. ISS Group Limited's Average Total Inventories for the quarter that ended in Dec. 2012 was A$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. ISS Group Limited's Inventory-to-Revenue for the quarter that ended in Dec. 2012 was 0.00.

ISS Group Limited Inventory Turnover Historical Data

The historical data trend for ISS Group Limited'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.

ISS Group Limited Inventory Turnover Chart

ISS Group Limited Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Inventory Turnover
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ISS Group Limited Semi-Annual Data
Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12
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ISS Group Limited Inventory Turnover Calculation

ISS Group Limited'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 )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

ISS Group Limited's Inventory Turnover for the quarter that ended in Dec. 2012 is calculated as

Inventory Turnover (Q: Dec. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2012 ) / ((Total Inventories (Q: Jun. 2012 ) + Total Inventories (Q: Dec. 2012 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 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.

ISS Group Limited  (ASX:ISS) 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.

ISS Group Limited's Days Inventory for the six months ended in Dec. 2012 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2012 )/Cost of Goods Sold (Q: Dec. 2012 )*Days in Period
=0/0*365 / 2
=

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.

ISS Group Limited's Inventory to Revenue for the quarter that ended in Dec. 2012 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2012 ) / Revenue (Q: Dec. 2012 )
=0 / 11.316
=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.

ISS Group Limited Inventory Turnover Related Terms

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