IVCO (Investco) Inventory Turnover: 2.11 (As of Mar. 2003)


What is Investco Inventory Turnover?

Investco IVCO -99.00% Inventory Turnover is 2.11 as of Mar. 2003.

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. Investco's Cost of Goods Sold for the three months ended in Mar. 2003 was $1.02 Mil. Investco's Average Total Inventories for the quarter that ended in Mar. 2003 was $0.48 Mil. Investco's Inventory Turnover for the quarter that ended in Mar. 2003 was 2.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Investco's Days Inventory for the three months ended in Mar. 2003 was 43.33.

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. Investco's Inventory-to-Revenue for the quarter that ended in Mar. 2003 was 0.40.

Investco  (OTCPK:IVCO) 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.

Investco's Days Inventory for the three months ended in Mar. 2003 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2003 )/Cost of Goods Sold (Q: Mar. 2003 )*Days in Period
=0.482/1.015*365 / 4
=43.33

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.

Investco's Inventory to Revenue for the quarter that ended in Mar. 2003 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2003 ) / Revenue (Q: Mar. 2003 )
=0.482 / 1.206
=0.40

* 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.

Investco Inventory Turnover Related Terms

Investco Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Investco'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.

Investco Inventory Turnover Chart

Investco Annual Data
Trend Dec00 Dec01 Dec02
Inventory Turnover
6.47 15.21 8.69

Investco Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.68 2.06 1.67 2.81 2.11

Investco Inventory Turnover Calculation

Investco's Inventory Turnover for the fiscal year that ended in Dec. 2002 is calculated as

Inventory Turnover (A: Dec. 2002 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2002 ) / ((Total Inventories (A: Dec. 2001 ) + Total Inventories (A: Dec. 2002 )) / count )
=4.09 / ((0.484 + 0.457) / 2 )
=4.09 / 0.4705
=8.69

Investco's Inventory Turnover for the quarter that ended in Mar. 2003 is calculated as

Inventory Turnover (Q: Mar. 2003 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2003 ) / ((Total Inventories (Q: Dec. 2002 ) + Total Inventories (Q: Mar. 2003 )) / count )
=1.015 / ((0.457 + 0.507) / 2 )
=1.015 / 0.482
=2.11

* 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 2.11 mean?
Investco (IVCO) has a Inventory Turnover of 2.11 as of Mar. 2003. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Investco and its competitors.
Is Investco's Inventory Turnover too high?
Investco's current Inventory Turnover is 2.11.
How does Investco's Inventory Turnover compare to PPCQ and RSRT?
Investco's Inventory Turnover of 2.11 can be compared against companies in the Real Estate 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 Real Estate company?
A good Inventory Turnover depends on the Real Estate 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 Investco and its competitors. Investco's current Inventory Turnover is 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Investco stock overvalued right now?
Investco (IVCO) has a current Inventory Turnover of 2.11. The current Inventory Turnover is 2.11. 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 Investco (IVCO), the current Inventory Turnover is 2.11 as of Mar. 2003. 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.

Investco Business Description

Address 4695 MacArthur Court, Suite 1430, Newport Beach, CA, USA, 92660
Investco Inc is engaged in the development and investment in real estate.