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Primemd (Primemd) Inventory Turnover : 0.00 (As of Dec. 2008)


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What is Primemd 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. Primemd's Cost of Goods Sold for the three months ended in Dec. 2008 was $0.00 Mil. Primemd's Average Total Inventories for the quarter that ended in Dec. 2008 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. Primemd's Inventory-to-Revenue for the quarter that ended in Dec. 2008 was 0.00.


Primemd Inventory Turnover Historical Data

The historical data trend for Primemd'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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Primemd Inventory Turnover Chart

Primemd Annual Data
Trend Mar98 Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07
Inventory Turnover
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Primemd Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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Primemd Inventory Turnover Calculation

Primemd's Inventory Turnover for the fiscal year that ended in Mar. 2007 is calculated as

Inventory Turnover (A: Mar. 2007 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2007 ) / ((Total Inventories (A: Mar. 2006 ) + Total Inventories (A: Mar. 2007 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Primemd's Inventory Turnover for the quarter that ended in Dec. 2008 is calculated as

Inventory Turnover (Q: Dec. 2008 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2008 ) / ((Total Inventories (Q: Sep. 2008 ) + Total Inventories (Q: Dec. 2008 )) / 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.


Primemd  (OTCPK:PRMD) 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.

Primemd's Days Inventory for the three months ended in Dec. 2008 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2008 )/Cost of Goods Sold (Q: Dec. 2008 )*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.

Primemd's Inventory to Revenue for the quarter that ended in Dec. 2008 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2008 ) / Revenue (Q: Dec. 2008 )
=0 / 0.01
=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.


Primemd Inventory Turnover Related Terms

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Primemd (Primemd) Business Description

Traded in Other Exchanges
N/A
Address
9039 Antares Avenue, Suite No. E2, Columbus, OH, USA, 43240
Primemd Inc is a multispecialty professional services company. The company employs physicians, nurse practitioners, medical assistants to deliver services. Its services include Pediatrics; Primary Care; Spine and Pain Management; Urgent Care and others.

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