Sentry Technology (Sentry Technology) Inventory Turnover : 0.66 (As of Jun. 2011)

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What is Sentry Technology 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. Sentry Technology's Cost of Goods Sold for the three months ended in Jun. 2011 was $1.39 Mil. Sentry Technology's Average Total Inventories for the quarter that ended in Jun. 2011 was $2.11 Mil. Sentry Technology's Inventory Turnover for the quarter that ended in Jun. 2011 was 0.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sentry Technology's Days Inventory for the three months ended in Jun. 2011 was 138.45.

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. Sentry Technology's Inventory-to-Revenue for the quarter that ended in Jun. 2011 was 0.97.

Sentry Technology Inventory Turnover Historical Data

The historical data trend for Sentry Technology'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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Sentry Technology Inventory Turnover Chart

Sentry Technology Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Inventory Turnover

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2.65

2.76

2.77

2.59

3.03

Sentry Technology Quarterly Data
	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11
Inventory Turnover	Get a 7-Day Free Trial															0.82	0.82	0.79	0.69	0.66

Sentry Technology Inventory Turnover Calculation

Sentry Technology's Inventory Turnover for the fiscal year that ended in Dec. 2010 is calculated as

	Inventory Turnover (A: Dec. 2010 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2010 )	/ (	(Total Inventories (A: Dec. 2009 )	+	Total Inventories (A: Dec. 2010 ))	/	count )
=	6.114	/ (	(2.062	+	1.969)	/	2 )
=	6.114	/	2.0155
=	3.03

Sentry Technology's Inventory Turnover for the quarter that ended in Jun. 2011 is calculated as

	Inventory Turnover (Q: Jun. 2011 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2011 )	/ (	(Total Inventories (Q: Mar. 2011 )	+	Total Inventories (Q: Jun. 2011 ))	/	count )
=	1.389	/ (	(2.089	+	2.126)	/	2 )
=	1.389	/	2.1075
=	0.66

Sentry Technology (OTCPK:SKVY) 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.

Sentry Technology's Days Inventory for the three months ended in Jun. 2011 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2011 )	/	Cost of Goods Sold (Q: Jun. 2011 )	*	Days in Period
	=	2.1075	/	1.389	*	365 / 4
	=	138.45

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.

Sentry Technology's Inventory to Revenue for the quarter that ended in Jun. 2011 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2011 )	/	Revenue (Q: Jun. 2011 )
	=	2.1075	/	2.177
	=	0.97

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.

Sentry Technology Inventory Turnover Related Terms

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Sentry Technology (Sentry Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sentry Technology Corp (OTCPK:SKVY) » Definitions » Inventory Turnover

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Address

1881 Lakeland Avenue, Ronkonkoma, NY, USA, 11779

Website

http://www.sentrytechnology.com

Sentry Technology Corp through its subsidiaries is engaged in designing, manufacturing, selling and installing a complete line of video surveillance systems, Robotic CCTV systems, Electro-Magnetic and Radio Frequency Identification based library management systems, as well as radio frequency and EM electronic article surveillance systems. The company also manufactures travelling, robotic CCTV systems servicing customers in North and South America, Africa and Australia.

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