PAEGF (Peace Arch Entertainment Group) Inventory Turnover: 2.62 (As of May. 2008)


What is Peace Arch Entertainment Group Inventory Turnover?

Peace Arch Entertainment Group PAEGF -99.90% Inventory Turnover is 2.62 as of May. 2008.

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. Peace Arch Entertainment Group's Cost of Goods Sold for the three months ended in May. 2008 was $9.37 Mil. Peace Arch Entertainment Group's Average Total Inventories for the quarter that ended in May. 2008 was $3.58 Mil. Peace Arch Entertainment Group's Inventory Turnover for the quarter that ended in May. 2008 was 2.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Peace Arch Entertainment Group's Days Inventory for the three months ended in May. 2008 was 34.88.

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. Peace Arch Entertainment Group's Inventory-to-Revenue for the quarter that ended in May. 2008 was 0.15.

Peace Arch Entertainment Group  (OTCPK:PAEGF) 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.

Peace Arch Entertainment Group's Days Inventory for the three months ended in May. 2008 is calculated as:

Days Inventory =Average Total Inventories (Q: May. 2008 )/Cost of Goods Sold (Q: May. 2008 )*Days in Period
=3.5825/9.371*365 / 4
=34.88

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.

Peace Arch Entertainment Group's Inventory to Revenue for the quarter that ended in May. 2008 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: May. 2008 ) / Revenue (Q: May. 2008 )
=3.5825 / 23.564
=0.15

* 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.

Peace Arch Entertainment Group Inventory Turnover Related Terms

Peace Arch Entertainment Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Peace Arch Entertainment Group'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.

Peace Arch Entertainment Group Inventory Turnover Chart

Peace Arch Entertainment Group Annual Data
Trend Aug98 Aug99 Aug00 Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.00 0.00 0.00 0.00

Peace Arch Entertainment Group Quarterly Data
Aug03 Nov03 Feb04 May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.74 0.00 2.50 2.16 2.62

Peace Arch Entertainment Group Inventory Turnover Calculation

Peace Arch Entertainment Group's Inventory Turnover for the fiscal year that ended in Aug. 2007 is calculated as

Inventory Turnover (A: Aug. 2007 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Aug. 2007 ) / ((Total Inventories (A: Aug. 2006 ) + Total Inventories (A: Aug. 2007 )) / count )
=0 / ((1.637 + 2.821) / 2 )
=0 / 2.229
=0.00

Peace Arch Entertainment Group's Inventory Turnover for the quarter that ended in May. 2008 is calculated as

Inventory Turnover (Q: May. 2008 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: May. 2008 ) / ((Total Inventories (Q: Feb. 2008 ) + Total Inventories (Q: May. 2008 )) / count )
=9.371 / ((3.232 + 3.933) / 2 )
=9.371 / 3.5825
=2.62

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 2.62 mean?
Peace Arch Entertainment Group (PAEGF) has a Inventory Turnover of 2.62 as of May. 2008. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Peace Arch Entertainment Group and its competitors.
Is Peace Arch Entertainment Group's Inventory Turnover too high?
Peace Arch Entertainment Group's current Inventory Turnover is 2.62.
How does Peace Arch Entertainment Group's Inventory Turnover compare to PTSX and ASKH?
Peace Arch Entertainment Group's Inventory Turnover of 2.62 can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Media - Diversified company?
A good Inventory Turnover depends on the Media - Diversified industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Peace Arch Entertainment Group and its competitors. Peace Arch Entertainment Group's current Inventory Turnover is 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Peace Arch Entertainment Group stock overvalued right now?
Peace Arch Entertainment Group (PAEGF) has a current Inventory Turnover of 2.62. The current Inventory Turnover is 2.62. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Peace Arch Entertainment Group (PAEGF), the current Inventory Turnover is 2.62 as of May. 2008. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Peace Arch Entertainment Group Business Description

Address 1867 Yonge Street, Suite 650, Toronto, ON, CAN, M4S 1Y5
Peace Arch Entertainment Group Inc is an integrated media company, which produces and acquires feature films, television and home entertainment content for distribution to worldwide markets.