InNexus Biotechnology (InNexus Biotechnology) Inventory Turnover : 0.00 (As of Mar. 2011)

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What is InNexus Biotechnology 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. InNexus Biotechnology's Cost of Goods Sold for the three months ended in Mar. 2011 was $0.00 Mil. InNexus Biotechnology's Average Total Inventories for the quarter that ended in Mar. 2011 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.

InNexus Biotechnology Inventory Turnover Historical Data

The historical data trend for InNexus Biotechnology'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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InNexus Biotechnology Inventory Turnover Chart

InNexus Biotechnology Annual Data

Trend

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Inventory Turnover

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InNexus Biotechnology Quarterly Data
	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11
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InNexus Biotechnology Inventory Turnover Calculation

InNexus Biotechnology's Inventory Turnover for the fiscal year that ended in Jun. 2010 is calculated as

	Inventory Turnover (A: Jun. 2010 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2010 )	/ (	(Total Inventories (A: Jun. 2009 )	+	Total Inventories (A: Jun. 2010 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

InNexus Biotechnology's Inventory Turnover for the quarter that ended in Mar. 2011 is calculated as

	Inventory Turnover (Q: Mar. 2011 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2011 )	/ (	(Total Inventories (Q: Dec. 2010 )	+	Total Inventories (Q: Mar. 2011 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

InNexus Biotechnology (GREY:IXSBF) 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.

InNexus Biotechnology's Days Inventory for the three months ended in Mar. 2011 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2011 )	/	Cost of Goods Sold (Q: Mar. 2011 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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.

InNexus Biotechnology's Inventory to Revenue for the quarter that ended in Mar. 2011 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2011 )	/	Revenue (Q: Mar. 2011 )
	=	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.

InNexus Biotechnology Inventory Turnover Related Terms

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InNexus Biotechnology (InNexus Biotechnology) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » InNexus Biotechnology Inc (GREY:IXSBF) » Definitions » Inventory Turnover

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Address

1055 West Georgia Street, 1500 Royal Centre, Vancouver, BC, CAN, V6E 4N7

Website

http://www.ixsbio.com

InNexus Biotechnology Inc is engaged in commercializing the next generation of monoclonal antibodies based on its DXL technology, which improves the potency of existing antibody products while opening new markets and disease applications.

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