Davi Luxury Brand Group (Davi Luxury Brand Group) Inventory Turnover : 0.05 (As of Mar. 2014)

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What is Davi Luxury Brand Group 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. Davi Luxury Brand Group's Cost of Goods Sold for the three months ended in Mar. 2014 was $0.00 Mil. Davi Luxury Brand Group's Average Total Inventories for the quarter that ended in Mar. 2014 was $0.04 Mil. Davi Luxury Brand Group's Inventory Turnover for the quarter that ended in Mar. 2014 was 0.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Davi Luxury Brand Group's Days Inventory for the three months ended in Mar. 2014 was 1,802.19.

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. Davi Luxury Brand Group's Inventory-to-Revenue for the quarter that ended in Mar. 2014 was 0.84.

Davi Luxury Brand Group Inventory Turnover Historical Data

The historical data trend for Davi Luxury Brand Group'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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Davi Luxury Brand Group Inventory Turnover Chart

Davi Luxury Brand Group Annual Data

Trend

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Inventory Turnover

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0.14

0.63

0.22

Davi Luxury Brand Group Quarterly Data
	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14
Inventory Turnover	Get a 7-Day Free Trial															0.03	0.15	-	0.04	0.05

Davi Luxury Brand Group Inventory Turnover Calculation

Davi Luxury Brand Group's Inventory Turnover for the fiscal year that ended in Sep. 2013 is calculated as

	Inventory Turnover (A: Sep. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2013 )	/ (	(Total Inventories (A: Sep. 2012 )	+	Total Inventories (A: Sep. 2013 ))	/	count )
=	0.009	/ (	(0.075	+	0.006)	/	2 )
=	0.009	/	0.0405
=	0.22

Davi Luxury Brand Group's Inventory Turnover for the quarter that ended in Mar. 2014 is calculated as

	Inventory Turnover (Q: Mar. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2014 )	/ (	(Total Inventories (Q: Dec. 2013 )	+	Total Inventories (Q: Mar. 2014 ))	/	count )
=	0.002	/ (	(0.04	+	0.039)	/	2 )
=	0.002	/	0.0395
=	0.05

Davi Luxury Brand Group (OTCPK:MDAV) 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.

Davi Luxury Brand Group's Days Inventory for the three months ended in Mar. 2014 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2014 )	/	Cost of Goods Sold (Q: Mar. 2014 )	*	Days in Period
	=	0.0395	/	0.002	*	365 / 4
	=	1,802.19

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.

Davi Luxury Brand Group's Inventory to Revenue for the quarter that ended in Mar. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2014 )	/	Revenue (Q: Mar. 2014 )
	=	0.0395	/	0.047
	=	0.84

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.

Davi Luxury Brand Group Inventory Turnover Related Terms

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Davi Luxury Brand Group (Davi Luxury Brand Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Davi Luxury Brand Group Inc (OTCPK:MDAV) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

9426 Dayton Way, Beverly Hills, CA, USA, 90210

Website

http://www.daviskin.com

Davi Luxury Brand Group Inc is a skin care (cosmetics) company that offers a grape-vineyard, botanical based skin care products marketed under the Company's 'DAVI', 'DAVI NAPA' and 'DAVI SKIN' brand names. All of its products are, or will be sold 'over the counter.' Through licensing and other arrangements, its products are available in high-end retail stores in Asia, luxury hotels worldwide, and in-flight and duty-free shops of a global luxury airline. The Company's products compete against similar, branded products of many large and small companies.

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