Golden Patriot (Golden Patriot) Inventory Turnover : 0.00 (As of Jan. 2008)

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What is Golden Patriot 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. Golden Patriot's Cost of Goods Sold for the three months ended in Jan. 2008 was $0.05 Mil. Golden Patriot's Average Total Inventories for the quarter that ended in Jan. 2008 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Golden Patriot's Days Inventory for the three months ended in Jan. 2008 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.

Golden Patriot Inventory Turnover Historical Data

The historical data trend for Golden Patriot'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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Golden Patriot Inventory Turnover Chart

Golden Patriot Annual Data

Trend

Apr02

Apr03

Apr04

Apr05

Apr06

Apr07

Inventory Turnover

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Golden Patriot Quarterly Data
	Apr03	Jul03	Oct03	Jan04	Apr04	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Golden Patriot Inventory Turnover Calculation

Golden Patriot's Inventory Turnover for the fiscal year that ended in Apr. 2007 is calculated as

	Inventory Turnover (A: Apr. 2007 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Apr. 2007 )	/ (	(Total Inventories (A: Apr. 2006 )	+	Total Inventories (A: Apr. 2007 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Golden Patriot's Inventory Turnover for the quarter that ended in Jan. 2008 is calculated as

	Inventory Turnover (Q: Jan. 2008 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2008 )	/ (	(Total Inventories (Q: Oct. 2007 )	+	Total Inventories (Q: Jan. 2008 ))	/	count )
=	0.045	/ (	(0	+	0)	/	1 )
=	0.045	/	0
=	N/A

Golden Patriot (OTCPK:GPTC) 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.

Golden Patriot's Days Inventory for the three months ended in Jan. 2008 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2008 )	/	Cost of Goods Sold (Q: Jan. 2008 )	*	Days in Period
	=	0	/	0.045	*	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.

Golden Patriot's Inventory to Revenue for the quarter that ended in Jan. 2008 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2008 )	/	Revenue (Q: Jan. 2008 )
	=	0	/	0
	=

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.

Golden Patriot Inventory Turnover Related Terms

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Golden Patriot (Golden Patriot) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Golden Patriot Corp (OTCPK:GPTC) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

8 Bond Street, Suite 124, Great Neck, NY, USA, 11021

Website

http://www.goldenpatriotcorp.com

Golden Patriot Corp is engaged in the exploration of its Lucky Boy uranium property in Arizona.

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