Mansfelder Metals (Mansfelder Metals) Inventory Turnover : 2.10 (As of Sep. 2007)

View and export this data going back to . Start your Free Trial

What is Mansfelder Metals 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. Mansfelder Metals's Cost of Goods Sold for the three months ended in Sep. 2007 was $26.3 Mil. Mansfelder Metals's Average Total Inventories for the quarter that ended in Sep. 2007 was $12.5 Mil. Mansfelder Metals's Inventory Turnover for the quarter that ended in Sep. 2007 was 2.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mansfelder Metals's Days Inventory for the three months ended in Sep. 2007 was 43.36.

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. Mansfelder Metals's Inventory-to-Revenue for the quarter that ended in Sep. 2007 was 0.45.

Mansfelder Metals Inventory Turnover Historical Data

The historical data trend for Mansfelder Metals'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.

* Premium members only.

Mansfelder Metals Inventory Turnover Chart

Mansfelder Metals Annual Data

Trend

Jul97

Jul98

Jul99

Jul00

Jul01

Jul02

Jul03

Jul04

Jul05

Dec06

Inventory Turnover

Get a 7-Day Free Trial

2.88

1.03

1.12

0.64

7.99

Mansfelder Metals Quarterly Data
	Oct02	Jan03	Apr03	Jul03	Oct03	Jan04	Apr04	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07
Inventory Turnover	Get a 7-Day Free Trial															2.21	1.83	1.73	1.99	2.10

Mansfelder Metals Inventory Turnover Calculation

Mansfelder Metals's Inventory Turnover for the fiscal year that ended in Dec. 2006 is calculated as

	Inventory Turnover (A: Dec. 2006 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2006 )	/ (	(Total Inventories (A: Jul. 2005 )	+	Total Inventories (A: Dec. 2006 ))	/	count )
=	95.17	/ (	(8.621	+	15.212)	/	2 )
=	95.17	/	11.9165
=	7.99

Mansfelder Metals's Inventory Turnover for the quarter that ended in Sep. 2007 is calculated as

	Inventory Turnover (Q: Sep. 2007 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2007 )	/ (	(Total Inventories (Q: Jun. 2007 )	+	Total Inventories (Q: Sep. 2007 ))	/	count )
=	26.283	/ (	(12.834	+	12.146)	/	2 )
=	26.283	/	12.49
=	2.10

Mansfelder Metals (OTCPK:MNSF) 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.

Mansfelder Metals's Days Inventory for the three months ended in Sep. 2007 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2007 )	/	Cost of Goods Sold (Q: Sep. 2007 )	*	Days in Period
	=	12.49	/	26.283	*	365 / 4
	=	43.36

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.

Mansfelder Metals's Inventory to Revenue for the quarter that ended in Sep. 2007 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2007 )	/	Revenue (Q: Sep. 2007 )
	=	12.49	/	27.678
	=	0.45

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.

Mansfelder Metals Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Mansfelder Metals's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Mansfelder Metals (Mansfelder Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mansfelder Metals Ltd (OTCPK:MNSF) » Definitions » Inventory Turnover

Comparable Companies

HKSE:01220

Traded in Other Exchanges

N/A

Address

Unit 803, Dina House, Ruttonjee Centre 11 Duddell Street, Central, HKG, 200070

Website

Mansfelder Metals Ltd is engaged in manufacturing and trading of aluminum products.

Executives

Miller Lloyd I Iii	10 percent owner
Stefan Feuerstein	officer: Chief Operating Officer	BERLIN CHARLOTTEN STR 59, GERMANY D-1017 2M 00000
Mfc Bancorp Ltd	10 percent owner	ROOM 2103 SHANGHAI MART TOWER, 2299 YAN AN ROAD WEST, CHANGNING DISTRICT, SHANGHAI F4 200336
Gavin James R Iii	director	BAXTER INTERNATIONAL INC, ONE BAXTER PARKWAY, DEERFIELD IL 60015

Mansfelder Metals (Mansfelder Metals) Headlines

No Headlines