International Luxury Products (International Luxury Products) Inventory Turnover : 0.00 (As of Dec. 2004)

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What is International Luxury Products 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. International Luxury Products's Cost of Goods Sold for the six months ended in Dec. 2004 was $0.00 Mil. International Luxury Products's Average Total Inventories for the quarter that ended in Dec. 2004 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

International Luxury Products Inventory Turnover Historical Data

The historical data trend for International Luxury Products'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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International Luxury Products Inventory Turnover Chart

International Luxury Products Annual Data

Trend

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Inventory Turnover

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International Luxury Products Semi-Annual Data
	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04
Inventory Turnover	Get a 7-Day Free Trial			-	-	-	-	-

International Luxury Products Inventory Turnover Calculation

International Luxury Products's Inventory Turnover for the fiscal year that ended in Dec. 2004 is calculated as

	Inventory Turnover (A: Dec. 2004 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2004 )	/ (	(Total Inventories (A: Dec. 2003 )	+	Total Inventories (A: Dec. 2004 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

International Luxury Products's Inventory Turnover for the quarter that ended in Dec. 2004 is calculated as

	Inventory Turnover (Q: Dec. 2004 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2004 )	/ (	(Total Inventories (Q: Dec. 2003 )	+	Total Inventories (Q: Dec. 2004 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

International Luxury Products (OTCPK:ILXP) 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.

International Luxury Products's Days Inventory for the six months ended in Dec. 2004 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2004 )	/	Cost of Goods Sold (Q: Dec. 2004 )	*	Days in Period
	=	0	/	0	*	365 / 2
	=

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.

International Luxury Products's Inventory to Revenue for the quarter that ended in Dec. 2004 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2004 )	/	Revenue (Q: Dec. 2004 )
	=	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.

International Luxury Products Inventory Turnover Related Terms

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International Luxury Products (International Luxury Products) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » International Luxury Products Inc (OTCPK:ILXP) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

1 Elm Drive West No. 610, Mississauga, ON, CAN, l5B 4M1

Website

International Luxury Products Inc is a shell company.

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