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Proxim Wireless (Proxim Wireless) Inventory Turnover : 1.51 (As of Mar. 2010)


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What is Proxim Wireless 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. Proxim Wireless's Cost of Goods Sold for the three months ended in Mar. 2010 was $4.26 Mil. Proxim Wireless's Average Total Inventories for the quarter that ended in Mar. 2010 was $2.82 Mil. Proxim Wireless's Inventory Turnover for the quarter that ended in Mar. 2010 was 1.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Proxim Wireless's Days Inventory for the three months ended in Mar. 2010 was 60.42.

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. Proxim Wireless's Inventory-to-Revenue for the quarter that ended in Mar. 2010 was 0.37.

Proxim Wireless Inventory Turnover Historical Data

The historical data trend for Proxim Wireless'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.

Proxim Wireless Inventory Turnover Chart

Proxim Wireless Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.65 4.38 4.69 5.89 4.87

Proxim Wireless Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Dec09 Mar10
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 1.58 1.62 0.90 - 1.51

Proxim Wireless Inventory Turnover Calculation

Proxim Wireless's Inventory Turnover for the fiscal year that ended in Dec. 2009 is calculated as

Inventory Turnover (A: Dec. 2009 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2009 ) / ((Total Inventories (A: Dec. 2008 ) + Total Inventories (A: Dec. 2009 )) / count )
=16.777 / ((3.947 + 2.948) / 2 )
=16.777 / 3.4475
=4.87

Proxim Wireless's Inventory Turnover for the quarter that ended in Mar. 2010 is calculated as

Inventory Turnover (Q: Mar. 2010 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2010 ) / ((Total Inventories (Q: Dec. 2009 ) + Total Inventories (Q: Mar. 2010 )) / count )
=4.262 / ((2.948 + 2.696) / 2 )
=4.262 / 2.822
=1.51

* 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.

Proxim Wireless  (OTCPK:PRXM) 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.

Proxim Wireless's Days Inventory for the three months ended in Mar. 2010 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2010 )/Cost of Goods Sold (Q: Mar. 2010 )*Days in Period
=2.822/4.262*365 / 4
=60.42

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.

Proxim Wireless's Inventory to Revenue for the quarter that ended in Mar. 2010 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2010 ) / Revenue (Q: Mar. 2010 )
=2.822 / 7.717
=0.37

* 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.

Proxim Wireless Inventory Turnover Related Terms

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Proxim Wireless (Proxim Wireless) Business Description

Industry
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Traded in Other Exchanges
N/A
Address
1561 Buckeye Drive, Milpitas, CA, USA, 95035
Website
http://www.proxim.com
Proxim Wireless Corp provides high-speed wireless communications equipment and services. Its systems enable service providers, enterprises, and governmental organizations to deliver high-speed data connectivity enabling a broad range of applications.
Executives
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
John W Gerdelman director C/O SYCAMORE NETWORKS INC, 220 MILL RD, CHELMSFORD MA 01824
Miller Lloyd I Iii 10 percent owner
Robert E Fitzgerald other: Former Officer and Director 2204 VAQUERO ESTATES BLVD, WESTLAKE TX 76262
Brian J Sereda officer: CFO andTreasurer 3590 NORTH FIRST STREET, SUITE 210, SAN JOSE CA 95134
Mobius Vi Llc 10 percent owner A/O MOBIUS VENTURO CAPITAL 2 PALO ALTO, STE 500 3000 EL CAMINO ROAD, PALO ALTO CA 94306
Mobius Technology Ventures Vi Lp 10 percent owner C/O MOBIUS VANTURE CAPITAL 2 PALO ALLO, STE. 500 3000 ELCAMINO REAL, PALO ALTO CA 94306
Mobius Technology Ventures Side Fund Vi L P 10 percent owner C/O MOBIUS VENTURE CAPITAL 2 PALO ALTO, STE 500 3000 EL CAMINO REAL, PALO ALTO CA 94306
Mobius Technology Ventures Advisors Fund Vi L P 10 percent owner C/O MOBIUS VENTURE CAPITAL 2 PALO ALTO, STE 500 3000 EL CAMINO REAL, PALO ALTO CA 94306
Softbank U S Ventures Vi L P 10 percent owner 200 W EVELYN AVE, STE 200, MOUNTAIN VIEW CA 94043
Daniel Hesse director
Bradley A Feld 10 percent owner C/O FOUNDRY GROUP, 645 WALNUT ST., BOULDER CO 80302
Roizen Jo Ann Heidi 10 percent owner
Carol B Armitage director C/O WINDSTREAM CORPORATION 4001 RODNEY PARHAM RD; B1F3 LITTLE ROCK AR 72212