Nutrastar International (Nutrastar International) Inventory Turnover : 1.82 (As of Sep. 2015)

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What is Nutrastar International 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. Nutrastar International's Cost of Goods Sold for the three months ended in Sep. 2015 was $2.15 Mil. Nutrastar International's Average Total Inventories for the quarter that ended in Sep. 2015 was $1.18 Mil. Nutrastar International's Inventory Turnover for the quarter that ended in Sep. 2015 was 1.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nutrastar International's Days Inventory for the three months ended in Sep. 2015 was 50.20.

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. Nutrastar International's Inventory-to-Revenue for the quarter that ended in Sep. 2015 was 0.11.

Nutrastar International Inventory Turnover Historical Data

The historical data trend for Nutrastar International'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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Nutrastar International Inventory Turnover Chart

Nutrastar International Annual Data

Trend

Jul05

Jul06

Jul07

Jul08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Inventory Turnover

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6.25

9.33

9.38

11.63

14.04

Nutrastar International Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Inventory Turnover	Get a 7-Day Free Trial															2.04	2.63	1.57	2.54	1.82

Nutrastar International Inventory Turnover Calculation

Nutrastar International's Inventory Turnover for the fiscal year that ended in Dec. 2014 is calculated as

	Inventory Turnover (A: Dec. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2014 )	/ (	(Total Inventories (A: Dec. 2013 )	+	Total Inventories (A: Dec. 2014 ))	/	count )
=	9.315	/ (	(0.692	+	0.635)	/	2 )
=	9.315	/	0.6635
=	14.04

Nutrastar International's Inventory Turnover for the quarter that ended in Sep. 2015 is calculated as

	Inventory Turnover (Q: Sep. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2015 )	/ (	(Total Inventories (Q: Jun. 2015 )	+	Total Inventories (Q: Sep. 2015 ))	/	count )
=	2.145	/ (	(0.923	+	1.437)	/	2 )
=	2.145	/	1.18
=	1.82

Nutrastar International (GREY:NUIN) 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.

Nutrastar International's Days Inventory for the three months ended in Sep. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2015 )	/	Cost of Goods Sold (Q: Sep. 2015 )	*	Days in Period
	=	1.18	/	2.145	*	365 / 4
	=	50.20

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.

Nutrastar International's Inventory to Revenue for the quarter that ended in Sep. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2015 )	/	Revenue (Q: Sep. 2015 )
	=	1.18	/	11.018
	=	0.11

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.

Nutrastar International Inventory Turnover Related Terms

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Nutrastar International (Nutrastar International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Nutrastar International Inc (GREY:NUIN) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Website

http://www.nutrastarintl.com

Nutrastar International Inc produces and supplies traditional Chinese medicine consumer products. The business activity of the group is operated by Cordyceps Militaris, Beverages and Organic and specialty food products segments. The Cordyceps Militaris segment consists of the growing and sales of Cordyceps Militaris, which business is conducted through Daqing Shuaiyi. The beverages segment consists of the manufacturing of functional health beverages featuring the Cordyceps Militaris as a core ingredient. The organic and specialty food products segment consists of the sales of rice, flour, silage corn and other agricultural products. In addition, it is also a wholesale distributor of organic and specialty food. All the operations are carried out in China.

Nutrastar International (Nutrastar International) Headlines

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