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Medical Care Service Company (NGO:2494) Inventory Turnover : 90.57 (As of Feb. 2013)


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What is Medical Care Service Company 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. Medical Care Service Company's Cost of Goods Sold for the three months ended in Feb. 2013 was 円3,947 Mil. Medical Care Service Company's Average Total Inventories for the quarter that ended in Feb. 2013 was 円44 Mil. Medical Care Service Company's Inventory Turnover for the quarter that ended in Feb. 2013 was 90.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Medical Care Service Company's Days Inventory for the three months ended in Feb. 2013 was 1.01.

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. Medical Care Service Company's Inventory-to-Revenue for the quarter that ended in Feb. 2013 was 0.01.

Medical Care Service Company Inventory Turnover Historical Data

The historical data trend for Medical Care Service Company'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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Medical Care Service Company Inventory Turnover Chart

Medical Care Service Company Annual Data
Trend Aug09 Aug10 Aug11
Inventory Turnover
42.06 87.72 400.37

Medical Care Service Company Quarterly Data
Aug10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.83 36.59 31.25 44.57 90.57

Medical Care Service Company Inventory Turnover Calculation

Medical Care Service Company's Inventory Turnover for the fiscal year that ended in Aug. 2011 is calculated as

Inventory Turnover (A: Aug. 2011 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Aug. 2011 ) / ((Total Inventories (A: Aug. 2010 ) + Total Inventories (A: Aug. 2011 )) / count )
=11508.036 / ((29.989 + 27.498) / 2 )
=11508.036 / 28.7435
=400.37

Medical Care Service Company's Inventory Turnover for the quarter that ended in Feb. 2013 is calculated as

Inventory Turnover (Q: Feb. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2013 ) / ((Total Inventories (Q: Nov. 2012 ) + Total Inventories (Q: Feb. 2013 )) / count )
=3946.824 / ((44.819 + 42.333) / 2 )
=3946.824 / 43.576
=90.57

* 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.

Medical Care Service Company  (NGO:2494) 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.

Medical Care Service Company's Days Inventory for the three months ended in Feb. 2013 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2013 )/Cost of Goods Sold (Q: Feb. 2013 )*Days in Period
=43.576/3946.824*365 / 4
=1.01

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.

Medical Care Service Company's Inventory to Revenue for the quarter that ended in Feb. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2013 ) / Revenue (Q: Feb. 2013 )
=43.576 / 4568.517
=0.01

* 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.

Medical Care Service Company Inventory Turnover Related Terms

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