LQWC (LifeQuest World) Inventory Turnover : 0.72 (As of May. 2009)

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What is LifeQuest World 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. LifeQuest World's Cost of Goods Sold for the six months ended in May. 2009 was $0.19 Mil. LifeQuest World's Average Total Inventories for the quarter that ended in May. 2009 was $0.27 Mil. LifeQuest World's Inventory Turnover for the quarter that ended in May. 2009 was 0.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LifeQuest World's Days Inventory for the six months ended in May. 2009 was 252.47.

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. LifeQuest World's Inventory-to-Revenue for the quarter that ended in May. 2009 was 0.35.

LifeQuest World Inventory Turnover Historical Data

The historical data trend for LifeQuest World'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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LifeQuest World Inventory Turnover Chart

LifeQuest World Annual Data

Trend

May00

May01

May02

May03

May04

May05

May06

May07

May08

May09

Inventory Turnover

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5.08

4.35

4.23

1.22

0.72

LifeQuest World Semi-Annual Data
	May99	May00	May01	May02	May03	May04	May05	May06	May07	May08	May09
Inventory Turnover	Get a 7-Day Free Trial						5.08	4.35	4.23	1.22	0.72

LifeQuest World Inventory Turnover Calculation

LifeQuest World's Inventory Turnover for the fiscal year that ended in May. 2009 is calculated as

	Inventory Turnover (A: May. 2009 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: May. 2009 )	/ (	(Total Inventories (A: May. 2008 )	+	Total Inventories (A: May. 2009 ))	/	count )
=	0.193	/ (	(0.278	+	0.256)	/	2 )
=	0.193	/	0.267
=	0.72

LifeQuest World's Inventory Turnover for the quarter that ended in May. 2009 is calculated as

	Inventory Turnover (Q: May. 2009 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: May. 2009 )	/ (	(Total Inventories (Q: May. 2008 )	+	Total Inventories (Q: May. 2009 ))	/	count )
=	0.193	/ (	(0.278	+	0.256)	/	2 )
=	0.193	/	0.267
=	0.72

LifeQuest World (OTCPK:LQWC) 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.

LifeQuest World's Days Inventory for the six months ended in May. 2009 is calculated as:

Days Inventory	=	Average Total Inventories (Q: May. 2009 )	/	Cost of Goods Sold (Q: May. 2009 )	*	Days in Period
	=	0.267	/	0.193	*	365 / 2
	=	252.47

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.

LifeQuest World's Inventory to Revenue for the quarter that ended in May. 2009 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: May. 2009 )	/	Revenue (Q: May. 2009 )
	=	0.267	/	0.77
	=	0.35

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.

LifeQuest World Inventory Turnover Related Terms

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LifeQuest World Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Challenger Road, 8th Floor, Ridgefield Park, NJ, USA, 07660

Website

https://www.lifequestcorp.com

LifeQuest World Corp is a wastewater treatment company. It treats domestic sewage into clean water ready for secondary purposes like flushing toilets or irrigation, without producing sludge. Its wastewater treatment technologies include; Biopipe which is currently used to treat domestic sewage; and Abrimix which can treat various types of industrial wastewater. Its other offerings include Goslyn, a patented fat, oil and grease recovery device; and Glanris, a water purification media made from rice hulls. The company has a business presence in countries like Bangladesh, India, Ethiopia, the Philippines, South Africa, Turkey, Saudi Arabia, Oman, and others providing its services to hospitals, resorts, hotels, commercial and government buildings, labor camps, ports and individual homes.

Executives

Anthony Carl Jurak	director, 10 percent owner, officer: CEO	297 MARIN ST, SAINTE ADELE QUEBEC A1 J8B2P8
Roger Theriault	director, officer: President	1181 GRIER DR., SUITE C, LAS VEGAS NV 89119
Maria Jose Guedes	officer: V.P. of Operations/Asst. Secy.	1181 GRIER DR., SUITE C, LAS VEGAS NV 89119