4Cable TV International (4Cable TV International) Inventory Turnover : 0.29 (As of Jun. 2015)

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What is 4Cable TV International 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. 4Cable TV International's Cost of Goods Sold for the three months ended in Jun. 2015 was $0.08 Mil. 4Cable TV International's Average Total Inventories for the quarter that ended in Jun. 2015 was $0.27 Mil. 4Cable TV International's Inventory Turnover for the quarter that ended in Jun. 2015 was 0.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. 4Cable TV International's Days Inventory for the three months ended in Jun. 2015 was 312.36.

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. 4Cable TV International's Inventory-to-Revenue for the quarter that ended in Jun. 2015 was 2.67.

4Cable TV International Inventory Turnover Historical Data

The historical data trend for 4Cable TV International'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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4Cable TV International Inventory Turnover Chart

4Cable TV International Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Inventory Turnover

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2.51

3.40

2.79

4Cable TV International Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Inventory Turnover	Get a 7-Day Free Trial															0.36	0.99	0.34	0.38	0.29

4Cable TV International Inventory Turnover Calculation

4Cable TV International's Inventory Turnover for the fiscal year that ended in Dec. 2014 is calculated as

	Inventory Turnover (A: Dec. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2014 )	/ (	(Total Inventories (A: Dec. 2013 )	+	Total Inventories (A: Dec. 2014 ))	/	count )
=	0.745	/ (	(0.257	+	0.278)	/	2 )
=	0.745	/	0.2675
=	2.79

4Cable TV International's Inventory Turnover for the quarter that ended in Jun. 2015 is calculated as

	Inventory Turnover (Q: Jun. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2015 )	/ (	(Total Inventories (Q: Mar. 2015 )	+	Total Inventories (Q: Jun. 2015 ))	/	count )
=	0.078	/ (	(0.268	+	0.266)	/	2 )
=	0.078	/	0.267
=	0.29

4Cable TV International (OTCPK:CATV) 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.

4Cable TV International's Days Inventory for the three months ended in Jun. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2015 )	/	Cost of Goods Sold (Q: Jun. 2015 )	*	Days in Period
	=	0.267	/	0.078	*	365 / 4
	=	312.36

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.

4Cable TV International's Inventory to Revenue for the quarter that ended in Jun. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2015 )	/	Revenue (Q: Jun. 2015 )
	=	0.267	/	0.1
	=	2.67

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.

4Cable TV International Inventory Turnover Related Terms

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4Cable TV International (4Cable TV International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » 4Cable TV International Inc (OTCPK:CATV) » Definitions » Inventory Turnover

Comparable Companies

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Traded in Other Exchanges

N/A

Address

23100 SW 192nd Avenue, Suite B, Miami, FL, USA, 33170

Website

https://www.4cabletvint.com

4Cable TV International Inc is a Miami-based company that focuses on Cannabis Acquisitions and Trading Ventures. It is engaged in the Hemp Cultivation and sale of hemp-based products.