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NetMed (NetMed) Inventory Turnover : 0.00 (As of Jun. 2002)


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What is NetMed 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. NetMed's Cost of Goods Sold for the three months ended in Jun. 2002 was $0.00 Mil. NetMed's Average Total Inventories for the quarter that ended in Jun. 2002 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.

NetMed Inventory Turnover Historical Data

The historical data trend for NetMed'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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NetMed Inventory Turnover Chart

NetMed Annual Data
Trend Dec96 Dec97 Dec98 Dec99 Dec00 Dec01
Inventory Turnover
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NetMed Quarterly Data
Mar97 Jun97 Sep97 Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02
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NetMed Inventory Turnover Calculation

NetMed's Inventory Turnover for the fiscal year that ended in Dec. 2001 is calculated as

Inventory Turnover (A: Dec. 2001 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2001 ) / ((Total Inventories (A: Dec. 2000 ) + Total Inventories (A: Dec. 2001 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

NetMed's Inventory Turnover for the quarter that ended in Jun. 2002 is calculated as

Inventory Turnover (Q: Jun. 2002 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2002 ) / ((Total Inventories (Q: Mar. 2002 ) + Total Inventories (Q: Jun. 2002 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.

NetMed  (OTCPK:NTME) 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.

NetMed's Days Inventory for the three months ended in Jun. 2002 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2002 )/Cost of Goods Sold (Q: Jun. 2002 )*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.

NetMed's Inventory to Revenue for the quarter that ended in Jun. 2002 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2002 ) / Revenue (Q: Jun. 2002 )
=0 / 0
=

* 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.

NetMed Inventory Turnover Related Terms

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