GA eXpress (GA eXpress) Inventory Turnover : 9.45 (As of Jun. 2002)

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What is GA eXpress 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. GA eXpress's Cost of Goods Sold for the three months ended in Jun. 2002 was $0.38 Mil. GA eXpress's Average Total Inventories for the quarter that ended in Jun. 2002 was $0.04 Mil. GA eXpress's Inventory Turnover for the quarter that ended in Jun. 2002 was 9.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GA eXpress's Days Inventory for the three months ended in Jun. 2002 was 9.66.

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. GA eXpress's Inventory-to-Revenue for the quarter that ended in Jun. 2002 was 0.03.

GA eXpress Inventory Turnover Historical Data

The historical data trend for GA eXpress'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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GA eXpress Inventory Turnover Chart

GA eXpress Annual Data

Trend

Sep92

Sep93

Sep94

Sep95

Sep96

Sep97

Sep98

Sep99

Sep00

Sep01

Inventory Turnover

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4.95

6.43

0.84

GA eXpress Quarterly Data
	Dec96	Mar97	Jun97	Sep97	Dec97	Mar98	Jun98	Sep98	Dec98	Sep99	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Mar02	Jun02
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	9.45

GA eXpress Inventory Turnover Calculation

GA eXpress's Inventory Turnover for the fiscal year that ended in Sep. 2001 is calculated as

	Inventory Turnover (A: Sep. 2001 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2001 )	/ (	(Total Inventories (A: Sep. 2000 )	+	Total Inventories (A: Sep. 2001 ))	/	count )
=	3.328	/ (	(0	+	0)	/	1 )
=	3.328	/	0
=	N/A

GA eXpress's Inventory Turnover for the quarter that ended in Jun. 2002 is calculated as

	Inventory Turnover (Q: Jun. 2002 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2002 )	/ (	(Total Inventories (Q: Mar. 2002 )	+	Total Inventories (Q: Jun. 2002 ))	/	count )
=	0.378	/ (	(0	+	0.04)	/	1 )
=	0.378	/	0.04
=	9.45

GA eXpress (OTCPK:GAEX) 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.

GA eXpress's Days Inventory for the three months ended in Jun. 2002 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2002 )	/	Cost of Goods Sold (Q: Jun. 2002 )	*	Days in Period
	=	0.04	/	0.378	*	365 / 4
	=	9.66

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.

GA eXpress's Inventory to Revenue for the quarter that ended in Jun. 2002 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2002 )	/	Revenue (Q: Jun. 2002 )
	=	0.04	/	1.419
	=	0.03

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.

GA eXpress Inventory Turnover Related Terms

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GA eXpress (GA eXpress) Business Description

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Address

938 Howe Street, Suite 906, Vancouver, USA, V6Z1N9

Website

http://www.genauto.com

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