CPROF (Cortelco Systems Puerto Rico) Inventory Turnover : 4.45 (As of Apr. 2009)

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What is Cortelco Systems Puerto Rico 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. Cortelco Systems Puerto Rico's Cost of Goods Sold for the three months ended in Apr. 2009 was $1.71 Mil. Cortelco Systems Puerto Rico's Average Total Inventories for the quarter that ended in Apr. 2009 was $0.38 Mil. Cortelco Systems Puerto Rico's Inventory Turnover for the quarter that ended in Apr. 2009 was 4.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cortelco Systems Puerto Rico's Days Inventory for the three months ended in Apr. 2009 was 20.50.

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. Cortelco Systems Puerto Rico's Inventory-to-Revenue for the quarter that ended in Apr. 2009 was 0.17.

Cortelco Systems Puerto Rico Inventory Turnover Historical Data

The historical data trend for Cortelco Systems Puerto Rico'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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Cortelco Systems Puerto Rico Inventory Turnover Chart

Cortelco Systems Puerto Rico Annual Data

Trend

Jul02

Jul03

Jul04

Jul05

Jul06

Jul07

Jul08

Inventory Turnover

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7.22

14.62

19.31

14.40

23.75

Cortelco Systems Puerto Rico Quarterly Data
	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09
Inventory Turnover	Get a 7-Day Free Trial															7.20	12.10	13.65	10.26	4.45

Cortelco Systems Puerto Rico Inventory Turnover Calculation

Cortelco Systems Puerto Rico's Inventory Turnover for the fiscal year that ended in Jul. 2008 is calculated as

	Inventory Turnover (A: Jul. 2008 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2008 )	/ (	(Total Inventories (A: Jul. 2007 )	+	Total Inventories (A: Jul. 2008 ))	/	count )
=	7.896	/ (	(0.536	+	0.129)	/	2 )
=	7.896	/	0.3325
=	23.75

Cortelco Systems Puerto Rico's Inventory Turnover for the quarter that ended in Apr. 2009 is calculated as

	Inventory Turnover (Q: Apr. 2009 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Apr. 2009 )	/ (	(Total Inventories (Q: Jan. 2009 )	+	Total Inventories (Q: Apr. 2009 ))	/	count )
=	1.707	/ (	(0.362	+	0.405)	/	2 )
=	1.707	/	0.3835
=	4.45

Cortelco Systems Puerto Rico (OTCPK:CPROF) 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.

Cortelco Systems Puerto Rico's Days Inventory for the three months ended in Apr. 2009 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Apr. 2009 )	/	Cost of Goods Sold (Q: Apr. 2009 )	*	Days in Period
	=	0.3835	/	1.707	*	365 / 4
	=	20.50

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.

Cortelco Systems Puerto Rico's Inventory to Revenue for the quarter that ended in Apr. 2009 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2009 )	/	Revenue (Q: Apr. 2009 )
	=	0.3835	/	2.259
	=	0.17

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.

Cortelco Systems Puerto Rico Inventory Turnover Related Terms

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Cortelco Systems Puerto Rico Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Cortelco Systems Puerto Rico Inc (OTCPK:CPROF) » Definitions » Inventory Turnover

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N/A

Address

Parque Ind. Caguas Oeste Road, 156 km 58.2, Caguas, PRI, 00726-7076

Website

http://www.cortelcopr.net

Cortelco Systems Puerto Rico Inc is engaged in the business of telecommunication systems. It offers security services, such as network security; and endpoint security comprising PCs, laptops, smart phones, tablets, barcode readers, or POS terminals. Geographically the activities are carried out through Puerto Rico.

Cortelco Systems Puerto Rico Headlines

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