PIKL (Piksel) Inventory Turnover: 9.91 (As of Jun. 2012)


What is Piksel Inventory Turnover?

Piksel PIKL -99.00% Inventory Turnover is 9.91 as of Jun. 2012.

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. Piksel's Cost of Goods Sold for the three months ended in Jun. 2012 was $19.9 Mil. Piksel's Average Total Inventories for the quarter that ended in Jun. 2012 was $2.0 Mil. Piksel's Inventory Turnover for the quarter that ended in Jun. 2012 was 9.91.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Piksel's Days Inventory for the three months ended in Jun. 2012 was 9.21.

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. Piksel's Inventory-to-Revenue for the quarter that ended in Jun. 2012 was 0.04.

Piksel  (OTCPK:PIKL) 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.

Piksel's Days Inventory for the three months ended in Jun. 2012 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2012 )/Cost of Goods Sold (Q: Jun. 2012 )*Days in Period
=2.011/19.922*365 / 4
=9.21

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.

Piksel's Inventory to Revenue for the quarter that ended in Jun. 2012 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2012 ) / Revenue (Q: Jun. 2012 )
=2.011 / 51.149
=0.04

* 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.

Piksel Inventory Turnover Related Terms

Piksel Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Piksel'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.

Piksel Inventory Turnover Chart

Piksel Annual Data
Trend Jul02 Jul03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 4.88 15.31 91.46 68.80

Piksel Quarterly Data
Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12
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 27.63 29.61 16.24 12.31 9.91

Piksel Inventory Turnover Calculation

Piksel's Inventory Turnover for the fiscal year that ended in Dec. 2011 is calculated as

Inventory Turnover (A: Dec. 2011 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2011 ) / ((Total Inventories (A: Dec. 2010 ) + Total Inventories (A: Dec. 2011 )) / count )
=56.378 / ((0.301 + 1.338) / 2 )
=56.378 / 0.8195
=68.80

Piksel's Inventory Turnover for the quarter that ended in Jun. 2012 is calculated as

Inventory Turnover (Q: Jun. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2012 ) / ((Total Inventories (Q: Mar. 2012 ) + Total Inventories (Q: Jun. 2012 )) / count )
=19.922 / ((2.534 + 1.488) / 2 )
=19.922 / 2.011
=9.91

* 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 9.91 mean?
Piksel (PIKL) has a Inventory Turnover of 9.91 as of Jun. 2012. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Piksel and its competitors.
Is Piksel's Inventory Turnover too high?
Piksel's current Inventory Turnover is 9.91.
How does Piksel's Inventory Turnover compare to LOV and GAIA?
Piksel's Inventory Turnover of 9.91 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Inventory Turnover depends on the Interactive Media 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 Piksel and its competitors. Piksel's current Inventory Turnover is 9.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piksel stock overvalued right now?
Piksel (PIKL) has a current Inventory Turnover of 9.91. The current Inventory Turnover is 9.91. 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 Piksel (PIKL), the current Inventory Turnover is 9.91 as of Jun. 2012. 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.

Piksel Business Description

Address 1 Innovation Close, York Science Park, York, GBR, YO10 5ZD
Piksel Inc designs develop and manage online video solutions for clients of all sizes across the broadcast media industries. Its products and services include Fuse Publisher, Digital Signage, The Piksel Palette, Hosting, Strategic consultancy, Support and monitoring, and others.