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S & B Industrial Minerals (ATH:ARBA) Inventory Turnover : 1.05 (As of Sep. 2012)


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What is S & B Industrial Minerals 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. S & B Industrial Minerals's Cost of Goods Sold for the three months ended in Sep. 2012 was €91.5 Mil. S & B Industrial Minerals's Average Total Inventories for the quarter that ended in Sep. 2012 was €87.1 Mil. S & B Industrial Minerals's Inventory Turnover for the quarter that ended in Sep. 2012 was 1.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. S & B Industrial Minerals's Days Inventory for the three months ended in Sep. 2012 was 86.90.

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. S & B Industrial Minerals's Inventory-to-Revenue for the quarter that ended in Sep. 2012 was 0.75.


S & B Industrial Minerals Inventory Turnover Historical Data

The historical data trend for S & B Industrial Minerals'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.

S & B Industrial Minerals Inventory Turnover Chart

S & B Industrial Minerals Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.74 4.00 3.33 4.60 4.58

S & B Industrial Minerals Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.02 1.06 1.19 1.21 1.05

S & B Industrial Minerals Inventory Turnover Calculation

S & B Industrial Minerals'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 )
=344.62 / ((77.056 + 73.469) / 2 )
=344.62 / 75.2625
=4.58

S & B Industrial Minerals's Inventory Turnover for the quarter that ended in Sep. 2012 is calculated as

Inventory Turnover (Q: Sep. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2012 ) / ((Total Inventories (Q: Jun. 2012 ) + Total Inventories (Q: Sep. 2012 )) / count )
=91.455 / ((72.571 + 101.619) / 2 )
=91.455 / 87.095
=1.05

* 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.


S & B Industrial Minerals  (ATH:ARBA) 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.

S & B Industrial Minerals's Days Inventory for the three months ended in Sep. 2012 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2012 )/Cost of Goods Sold (Q: Sep. 2012 )*Days in Period
=87.095/91.455*365 / 4
=86.90

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.

S & B Industrial Minerals's Inventory to Revenue for the quarter that ended in Sep. 2012 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2012 ) / Revenue (Q: Sep. 2012 )
=87.095 / 115.909
=0.75

* 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.


S & B Industrial Minerals Inventory Turnover Related Terms

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S & B Industrial Minerals (ATH:ARBA) Business Description

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