SED International Holdings (SED International Holdings) Inventory Turnover : 2.10 (As of Jun. 2013)

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What is SED International Holdings 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. SED International Holdings's Cost of Goods Sold for the three months ended in Jun. 2013 was $101.9 Mil. SED International Holdings's Average Total Inventories for the quarter that ended in Jun. 2013 was $48.5 Mil. SED International Holdings's Inventory Turnover for the quarter that ended in Jun. 2013 was 2.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SED International Holdings's Days Inventory for the three months ended in Jun. 2013 was 43.42.

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. SED International Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2013 was 0.46.

SED International Holdings Inventory Turnover Historical Data

The historical data trend for SED International Holdings'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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SED International Holdings Inventory Turnover Chart

SED International Holdings Annual Data

Trend

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Inventory Turnover

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11.96

11.87

10.34

8.64

9.69

SED International Holdings Quarterly Data
	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13
Inventory Turnover	Get a 7-Day Free Trial															1.98	2.03	2.53	2.10	2.10

SED International Holdings Inventory Turnover Calculation

SED International Holdings's Inventory Turnover for the fiscal year that ended in Jun. 2013 is calculated as

	Inventory Turnover (A: Jun. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2013 )	/ (	(Total Inventories (A: Jun. 2012 )	+	Total Inventories (A: Jun. 2013 ))	/	count )
=	493.853	/ (	(61.785	+	40.142)	/	2 )
=	493.853	/	50.9635
=	9.69

SED International Holdings's Inventory Turnover for the quarter that ended in Jun. 2013 is calculated as

	Inventory Turnover (Q: Jun. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2013 )	/ (	(Total Inventories (Q: Mar. 2013 )	+	Total Inventories (Q: Jun. 2013 ))	/	count )
=	101.88	/ (	(56.815	+	40.142)	/	2 )
=	101.88	/	48.4785
=	2.10

SED International Holdings (OTCPK:SEDN) 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.

SED International Holdings's Days Inventory for the three months ended in Jun. 2013 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2013 )	/	Cost of Goods Sold (Q: Jun. 2013 )	*	Days in Period
	=	48.4785	/	101.88	*	365 / 4
	=	43.42

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.

SED International Holdings's Inventory to Revenue for the quarter that ended in Jun. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2013 )	/	Revenue (Q: Jun. 2013 )
	=	48.4785	/	105.81
	=	0.46

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.

SED International Holdings Inventory Turnover Related Terms

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SED International Holdings (SED International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SED International Holdings Inc (OTCPK:SEDN) » Definitions » Inventory Turnover

Comparable Companies

NAMBF WSTG CNXN SCSC ATAZF TECD

Traded in Other Exchanges

N/A

Address

3505 Newpoint Place, Suite 450, Lawrenceville, GA, USA, 30043

Website

http://www.sedonline.com

SED International Holdings Inc is engaged in the wholesale distribution of information technology, technology products and solutions, and consumer electronic products in the United States, Colombia and other markets in Latin America. The company operates primarily in the IT and accessories industry distributes hardware, software, accessories and related services.

Executives

Hagan John Ronald Jr	officer: Interim CEO	8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Jack H Jacobs	director	101 OAKS ROAD, MILLINGTON NJ 07946
Dennis L Chandler	director	300 TOWER PARKWAY, LINCOLNSHIRE IL 60069
John D Abouchar	director	27271 LAS RAMBLAS, STE. 200 MISSION VIEJO CA 92691
Arthur L Goldberg	director	C/O MILESTONE SCIENTIFIC INC., 220 SOUTH ORANGE AVENUE, LIVINGSTON NJ 07039
Hummingbird Value Fund Lp	other: See Footnotes	145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc	other: See Footnotes	145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Paul D Sonkin	other: See Footnotes	145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Microcap Value Fund Lp	other: See Footnotes	145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc	other: See Footnotes	145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Tarsier Nanocap Value Fund, Lp	other: See Footnotes	C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022

SED International Holdings (SED International Holdings) Headlines

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