Comtex News Network (Comtex News Network) Inventory Turnover : 0.00 (As of Mar. 2010)

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What is Comtex News Network 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. Comtex News Network's Cost of Goods Sold for the three months ended in Mar. 2010 was $0.76 Mil. Comtex News Network's Average Total Inventories for the quarter that ended in Mar. 2010 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Comtex News Network's Days Inventory for the three months ended in Mar. 2010 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. Comtex News Network's Inventory-to-Revenue for the quarter that ended in Mar. 2010 was 0.00.

Comtex News Network Inventory Turnover Historical Data

The historical data trend for Comtex News Network'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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Comtex News Network Inventory Turnover Chart

Comtex News Network Annual Data

Trend

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Inventory Turnover

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Comtex News Network Quarterly Data
	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Comtex News Network Inventory Turnover Calculation

Comtex News Network's Inventory Turnover for the fiscal year that ended in Jun. 2009 is calculated as

	Inventory Turnover (A: Jun. 2009 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2009 )	/ (	(Total Inventories (A: Jun. 2008 )	+	Total Inventories (A: Jun. 2009 ))	/	count )
=	2.293	/ (	(0	+	0)	/	1 )
=	2.293	/	0
=	N/A

Comtex News Network's Inventory Turnover for the quarter that ended in Mar. 2010 is calculated as

	Inventory Turnover (Q: Mar. 2010 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2010 )	/ (	(Total Inventories (Q: Dec. 2009 )	+	Total Inventories (Q: Mar. 2010 ))	/	count )
=	0.755	/ (	(0	+	0)	/	1 )
=	0.755	/	0
=	N/A

Comtex News Network (OTCPK:CMTX) 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.

Comtex News Network's Days Inventory for the three months ended in Mar. 2010 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2010 )	/	Cost of Goods Sold (Q: Mar. 2010 )	*	Days in Period
	=	0	/	0.755	*	365 / 4
	=	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.

Comtex News Network's Inventory to Revenue for the quarter that ended in Mar. 2010 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2010 )	/	Revenue (Q: Mar. 2010 )
	=	0	/	1.901
	=	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.

Comtex News Network Inventory Turnover Related Terms

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Comtex News Network (Comtex News Network) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Comtex News Network Inc (OTCPK:CMTX) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

295 Madison Avenue, 12th Floor, New York, NY, USA, 10017

Website

http://www.comtex.com

Comtex News Network Inc is a provider of economically useful electronic real-time news, content and SmarTrend(r) market products. It receives, enhances, combines and filters news and content received from national and international news bureaus, agencies and publications, and distributes more than one million total stories per day.

Executives

Chip Brian	officer: President and COO	625 N WASHINGTON STREET STE 301 ALEXANDRIA VA 22314
Tepco Corp	10 percent owner	25 CHURCH STREET THE CONTINENTAL BUILDING HAMILTON D0 HM 12
C W Gilluly	director, officer: Interim C.E.O.	625 N. WASHINGTON ST. STE 301 ALEXANDRIA VA 22314

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