Remote Dynamics (Remote Dynamics) Inventory Turnover : 4.36 (As of Sep. 2009)

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What is Remote Dynamics 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. Remote Dynamics's Cost of Goods Sold for the three months ended in Sep. 2009 was $0.77 Mil. Remote Dynamics's Average Total Inventories for the quarter that ended in Sep. 2009 was $0.18 Mil. Remote Dynamics's Inventory Turnover for the quarter that ended in Sep. 2009 was 4.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Remote Dynamics's Days Inventory for the three months ended in Sep. 2009 was 20.94.

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. Remote Dynamics's Inventory-to-Revenue for the quarter that ended in Sep. 2009 was 0.14.

Remote Dynamics Inventory Turnover Historical Data

The historical data trend for Remote Dynamics'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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Remote Dynamics Inventory Turnover Chart

Remote Dynamics Annual Data

Trend

Dec99

Dec00

Dec01

Aug02

Aug03

Aug04

Aug05

Aug06

Dec07

Dec08

Inventory Turnover

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1.05

11.19

7.79

6.80

12.70

Remote Dynamics Quarterly Data
	Nov04	Feb05	May05	Aug05	Nov05	Feb06	May06	Aug06	Nov06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09
Inventory Turnover	Get a 7-Day Free Trial															2.54	3.00	3.30	2.99	4.36

Remote Dynamics Inventory Turnover Calculation

Remote Dynamics's Inventory Turnover for the fiscal year that ended in Dec. 2008 is calculated as

	Inventory Turnover (A: Dec. 2008 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2008 )	/ (	(Total Inventories (A: Dec. 2007 )	+	Total Inventories (A: Dec. 2008 ))	/	count )
=	1.975	/ (	(0.158	+	0.153)	/	2 )
=	1.975	/	0.1555
=	12.70

Remote Dynamics's Inventory Turnover for the quarter that ended in Sep. 2009 is calculated as

	Inventory Turnover (Q: Sep. 2009 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2009 )	/ (	(Total Inventories (Q: Jun. 2009 )	+	Total Inventories (Q: Sep. 2009 ))	/	count )
=	0.769	/ (	(0.205	+	0.148)	/	2 )
=	0.769	/	0.1765
=	4.36

Remote Dynamics (OTCPK:RMTD) 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.

Remote Dynamics's Days Inventory for the three months ended in Sep. 2009 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2009 )	/	Cost of Goods Sold (Q: Sep. 2009 )	*	Days in Period
	=	0.1765	/	0.769	*	365 / 4
	=	20.94

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.

Remote Dynamics's Inventory to Revenue for the quarter that ended in Sep. 2009 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2009 )	/	Revenue (Q: Sep. 2009 )
	=	0.1765	/	1.289
	=	0.14

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.

Remote Dynamics Inventory Turnover Related Terms

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Remote Dynamics (Remote Dynamics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Remote Dynamics Inc (OTCPK:RMTD) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

200 Chisholm Place, Suite 120, Plano, TX, USA, 75075

Website

http://www.remotedynamics.com

Remote Dynamics Inc markets, sells and supports automatic vehicle location and mobile resource management solutions targeting companies that own and operate private vehicle fleets, construction equipment, unpowered assets and others.

Executives

Miller Lloyd I Iii	other: Former 10% Owner
Alan B Howe	director	1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081

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