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News Communications (News Communications) Inventory Turnover : 0.00 (As of Dec. 2004)


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What is News Communications 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. News Communications's Cost of Goods Sold for the six months ended in Dec. 2004 was $5.69 Mil. News Communications's Average Total Inventories for the quarter that ended in Dec. 2004 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. News Communications's Days Inventory for the six months ended in Dec. 2004 was 0.00.

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. News Communications's Inventory-to-Revenue for the quarter that ended in Dec. 2004 was 0.00.

News Communications Inventory Turnover Historical Data

The historical data trend for News Communications'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.

News Communications Inventory Turnover Chart

News Communications Annual Data
Trend Nov96 Nov97 Nov98 Nov99 Dec00 Dec01 Dec02 Dec03 Dec04
Inventory Turnover
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News Communications Semi-Annual Data
Nov96 Nov97 Nov98 Nov99 Dec00 Dec01 Dec02 Dec03 Dec04
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News Communications Inventory Turnover Calculation

News Communications's Inventory Turnover for the fiscal year that ended in Dec. 2004 is calculated as

Inventory Turnover (A: Dec. 2004 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2004 ) / ((Total Inventories (A: Dec. 2003 ) + Total Inventories (A: Dec. 2004 )) / count )
=5.69 / ((0 + 0) / 1 )
=5.69 / 0
=N/A

News Communications's Inventory Turnover for the quarter that ended in Dec. 2004 is calculated as

Inventory Turnover (Q: Dec. 2004 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2004 ) / ((Total Inventories (Q: Dec. 2003 ) + Total Inventories (Q: Dec. 2004 )) / count )
=5.69 / ((0 + 0) / 1 )
=5.69 / 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.

News Communications  (OTCPK:NWCM) 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.

News Communications's Days Inventory for the six months ended in Dec. 2004 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2004 )/Cost of Goods Sold (Q: Dec. 2004 )*Days in Period
=0/5.69*365 / 2
=0.00

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.

News Communications's Inventory to Revenue for the quarter that ended in Dec. 2004 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2004 ) / Revenue (Q: Dec. 2004 )
=0 / 12.168
=0.00

* 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.

News Communications Inventory Turnover Related Terms

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News Communications (News Communications) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » News Communications Inc (OTCPK:NWCM) » Definitions » Inventory Turnover
Comparable Companies
XKLS:6025 WAR:PTW HAM:MF8 MIL:GAMB XKLS:0173 MIL:BLUE XKLS:7190 HKSE:08006 BKK:SPORT SGX:YYB TSE:8072 WAR:PGM MNI ISX:LPLI WAR:EKS TSXV:FP XTER:G6P BOM:511630 BOM:532416 TSXV:LM
Traded in Other Exchanges
N/A
Address
Website
News Communications, Inc. is engaged in publishing & distribution of advertiser-supported newspapers & magazines. It publishes three newspapers, two magazines including Dans Hampton Style & Dans Hampton Sports; & a guide, Dans Hampton Style Insider Guide.
Executives
Ross Wilbur L Jr director 328 EL VEDADO ROAD, PALM BEACH FL 33480

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