ATAR (Avatar Ventures) Inventory Turnover: 0.00 (As of Apr. 2012)


What is Avatar Ventures Inventory Turnover?

Avatar Ventures ATAR -99.00% Inventory Turnover is 0.00 as of Apr. 2012.

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. Avatar Ventures's Cost of Goods Sold for the three months ended in Apr. 2012 was $0.00 Mil. Avatar Ventures's Average Total Inventories for the quarter that ended in Apr. 2012 was $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.

Avatar Ventures  (OTCPK:ATAR) 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.

Avatar Ventures's Days Inventory for the three months ended in Apr. 2012 is calculated as:

Days Inventory =Average Total Inventories (Q: Apr. 2012 )/Cost of Goods Sold (Q: Apr. 2012 )*Days in Period
=0/0*365 / 4
=

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.

Avatar Ventures's Inventory to Revenue for the quarter that ended in Apr. 2012 is calculated as

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

* 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.

Avatar Ventures Inventory Turnover Related Terms

Avatar Ventures Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Avatar Ventures'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.

Avatar Ventures Inventory Turnover Chart

Avatar Ventures Annual Data
Trend Jul08 Jul09 Jul10 Jul11
Inventory Turnover
0.00 0.00 0.00 0.00

Avatar Ventures Quarterly Data
Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Avatar Ventures Inventory Turnover Calculation

Avatar Ventures's Inventory Turnover for the fiscal year that ended in Jul. 2011 is calculated as

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

Avatar Ventures's Inventory Turnover for the quarter that ended in Apr. 2012 is calculated as

Inventory Turnover (Q: Apr. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Apr. 2012 ) / ((Total Inventories (Q: Jan. 2012 ) + Total Inventories (Q: Apr. 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Avatar Ventures (ATAR) has a Inventory Turnover of 0.00 as of Apr. 2012. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Avatar Ventures and its competitors.
Is Avatar Ventures' Inventory Turnover too high?
Avatar Ventures' current Inventory Turnover is 0.00.
How does Avatar Ventures' Inventory Turnover compare to PFTI and OMTK?
Avatar Ventures' Inventory Turnover of 0.00 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Vehicles & Parts company?
A good Inventory Turnover depends on the Vehicles & Parts industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Avatar Ventures and its competitors. Avatar Ventures's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avatar Ventures stock overvalued right now?
Avatar Ventures (ATAR) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Avatar Ventures (ATAR), the current Inventory Turnover is 0.00 as of Apr. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Avatar Ventures Business Description

Address 27281 Las Ramblas, Suite 200, Mission Viejo, CA, USA, 92691
Avatar Ventures Corp intends to be a developer of aftermarket electronic accessories for consumer motor vehicles.