GDET (GD Entertainment & Technology) Inventory Turnover: 33.80 (As of Feb. 2006)


What is GD Entertainment & Technology Inventory Turnover?

GD Entertainment & Technology GDET -99.00% Inventory Turnover is 33.80 as of Feb. 2006.

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. GD Entertainment & Technology's Cost of Goods Sold for the three months ended in Feb. 2006 was $0.51 Mil. GD Entertainment & Technology's Average Total Inventories for the quarter that ended in Feb. 2006 was $0.02 Mil. GD Entertainment & Technology's Inventory Turnover for the quarter that ended in Feb. 2006 was 33.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GD Entertainment & Technology's Days Inventory for the three months ended in Feb. 2006 was 2.70.

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. GD Entertainment & Technology's Inventory-to-Revenue for the quarter that ended in Feb. 2006 was 0.02.

GD Entertainment & Technology  (OTCPK:GDET) 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.

GD Entertainment & Technology's Days Inventory for the three months ended in Feb. 2006 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2006 )/Cost of Goods Sold (Q: Feb. 2006 )*Days in Period
=0.015/0.507*365 / 4
=2.70

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.

GD Entertainment & Technology's Inventory to Revenue for the quarter that ended in Feb. 2006 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2006 ) / Revenue (Q: Feb. 2006 )
=0.015 / 0.682
=0.02

* 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.

GD Entertainment & Technology Inventory Turnover Related Terms

GD Entertainment & Technology Inventory Turnover Historical Data

* Premium members only.

The historical data trend for GD Entertainment & Technology'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.

GD Entertainment & Technology Inventory Turnover Chart

GD Entertainment & Technology Annual Data
Trend May01 May04 May05
Inventory Turnover
22.83 25.05 21.93

GD Entertainment & Technology Quarterly Data
May01 Aug01 Nov01 Feb02 May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.38 -31.85 4.34 4.74 33.80

GD Entertainment & Technology Inventory Turnover Calculation

GD Entertainment & Technology's Inventory Turnover for the fiscal year that ended in May. 2005 is calculated as

Inventory Turnover (A: May. 2005 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: May. 2005 ) / ((Total Inventories (A: May. 2004 ) + Total Inventories (A: May. 2005 )) / count )
=0.329 / ((0.014 + 0.016) / 2 )
=0.329 / 0.015
=21.93

GD Entertainment & Technology's Inventory Turnover for the quarter that ended in Feb. 2006 is calculated as

Inventory Turnover (Q: Feb. 2006 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2006 ) / ((Total Inventories (Q: Nov. 2005 ) + Total Inventories (Q: Feb. 2006 )) / count )
=0.507 / ((0.016 + 0.014) / 2 )
=0.507 / 0.015
=33.80

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 33.80 mean?
GD Entertainment & Technology (GDET) has a Inventory Turnover of 33.80 as of Feb. 2006. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on GD Entertainment & Technology and its competitors.
Is GD Entertainment & Technology's Inventory Turnover too high?
GD Entertainment & Technology's current Inventory Turnover is 33.80.
How does GD Entertainment & Technology's Inventory Turnover compare to competitors?
GD Entertainment & Technology's Inventory Turnover of 33.80 can be compared against companies in the Personal Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Personal Services company?
A good Inventory Turnover depends on the Personal Services industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on GD Entertainment & Technology and its competitors. GD Entertainment & Technology's current Inventory Turnover is 33.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GD Entertainment & Technology stock overvalued right now?
GD Entertainment & Technology (GDET) has a current Inventory Turnover of 33.80. The current Inventory Turnover is 33.80. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For GD Entertainment & Technology (GDET), the current Inventory Turnover is 33.80 as of Feb. 2006. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

GD Entertainment & Technology Business Description

Address 1 Bridge Plaza, 2nd Floor, Fort Lee, NJ, USA, 07024
GD Entertainment & Technology Inc focuses on high growth industries. The company currently has one operating subsidiary, DreamCard, a high-end metal card that personalizes debit and credit cards for a fee which allows users to create a customizable debit or credit card using its online platform. It also customizes Specialty Cards for Customer Loyalty and Affinity Networks. It simply takes an existing debit or credit card and transfers its data and chip into a new metal, 24karat or Stainless Steel card of the cardholders design and ships it to the holder. GDET markets to the business enterprises that promote commerce to members with a VIP card. Casinos and Affinity Networks form the base of company consumers.