Reelcause (Reelcause) Inventory Turnover : 0.94 (As of Sep. 2012)

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What is Reelcause 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. Reelcause's Cost of Goods Sold for the three months ended in Sep. 2012 was $6.25 Mil. Reelcause's Average Total Inventories for the quarter that ended in Sep. 2012 was $6.63 Mil. Reelcause's Inventory Turnover for the quarter that ended in Sep. 2012 was 0.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Reelcause's Days Inventory for the three months ended in Sep. 2012 was 96.83.

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. Reelcause's Inventory-to-Revenue for the quarter that ended in Sep. 2012 was 0.89.

Reelcause Inventory Turnover Historical Data

The historical data trend for Reelcause'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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Reelcause Inventory Turnover Chart

Reelcause Annual Data

Trend

Oct08

Oct09

Dec10

Dec11

Inventory Turnover

7.46

5.68

Reelcause Quarterly Data
	Apr08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
Inventory Turnover	Get a 7-Day Free Trial												1.07	1.13	1.28	1.28	0.94

Reelcause Inventory Turnover Calculation

Reelcause'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 )
=	21.074	/ (	(2.733	+	4.682)	/	2 )
=	21.074	/	3.7075
=	5.68

Reelcause's Inventory Turnover for the quarter that ended in Sep. 2012 is calculated as

	Inventory Turnover (Q: Sep. 2012 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2012 )	/ (	(Total Inventories (Q: Jun. 2012 )	+	Total Inventories (Q: Sep. 2012 ))	/	count )
=	6.252	/ (	(6.457	+	6.812)	/	2 )
=	6.252	/	6.6345
=	0.94

Reelcause (OTCPK:RCIT) 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.

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

Days Inventory	=	Average Total Inventories (Q: Sep. 2012 )	/	Cost of Goods Sold (Q: Sep. 2012 )	*	Days in Period
	=	6.6345	/	6.252	*	365 / 4
	=	96.83

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2012 )	/	Revenue (Q: Sep. 2012 )
	=	6.6345	/	7.439
	=	0.89

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.

Reelcause Inventory Turnover Related Terms

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Reelcause (Reelcause) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Reelcause Inc (OTCPK:RCIT) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

4760 S Pecos Road, Suite 103, Las Vegas, NV, USA, 89121

Website

https://www.rcitgroup.net

Reelcause Inc focuses on commercializing patented technology related to new renewable energy projects. Its Product family include hydrogen gas range, hydrogen boiler, hydrogen hot air fan, hydrogen water purifier, hydrogen water source wave, hydrogen drone, hydrogen ene farm, and realization of smart farm using hydrogen boiler.

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