Metal Storm Limited (ASX:MST) Inventory Turnover : 0.00 (As of Dec. 2011)

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What is Metal Storm 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. Metal Storm Limited's Cost of Goods Sold for the six months ended in Dec. 2011 was A$0.03 Mil. Metal Storm Limited's Average Total Inventories for the quarter that ended in Dec. 2011 was A$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Metal Storm Limited's Days Inventory for the six months ended in Dec. 2011 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. Metal Storm Limited's Inventory-to-Revenue for the quarter that ended in Dec. 2011 was 0.00.

Metal Storm Limited Inventory Turnover Historical Data

The historical data trend for Metal Storm 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.

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Metal Storm Limited Inventory Turnover Chart

Metal Storm Limited Annual Data

Trend

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Inventory Turnover

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Metal Storm Limited Semi-Annual Data
	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11
Inventory Turnover	Get a 7-Day Free Trial							-	-	-	-	-

Metal Storm Limited Inventory Turnover Calculation

Metal Storm Limited'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 )
=	0.033	/ (	(0	+	0)	/	1 )
=	0.033	/	0
=	N/A

Metal Storm Limited's Inventory Turnover for the quarter that ended in Dec. 2011 is calculated as

	Inventory Turnover (Q: Dec. 2011 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2011 )	/ (	(Total Inventories (Q: Dec. 2010 )	+	Total Inventories (Q: Dec. 2011 ))	/	count )
=	0.033	/ (	(0	+	0)	/	1 )
=	0.033	/	0
=	N/A

Metal Storm Limited (ASX:MST) 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.

Metal Storm Limited's Days Inventory for the six months ended in Dec. 2011 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2011 )	/	Cost of Goods Sold (Q: Dec. 2011 )	*	Days in Period
	=	0	/	0.033	*	365 / 2
	=	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.

Metal Storm Limited's Inventory to Revenue for the quarter that ended in Dec. 2011 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2011 )	/	Revenue (Q: Dec. 2011 )
	=	0	/	1.318
	=	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.

Metal Storm Limited Inventory Turnover Related Terms

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Metal Storm Limited (ASX:MST) Business Description

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Address

Website

http://www.metalstorm.com

Metal Storm Ltd is incorporated under the laws of Australia on April 13, 1994. The company is a defence technology company engaged in the development of electronically initiated ballistics systems using its stacked round technology. Its technology is an electronically initiated, stacked projectile system which removes the mechanical steps required to fire a conventional weapon. Effectively, the only parts that move in Metal Storm's technology are the projectiles contained within the barrels. Multiple projectiles are stacked in a barrel, each separated by a propellant load. Its products include 3GL - 3 shot grenade launcher, FireStorm, MAUL, Redback, Munitions and Component weapon systems. The company also provides Research and Development as well as Consulting and Integration Services.