SofTech (SofTech) Inventory Turnover : 0.00 (As of Nov. 2016)

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What is SofTech 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. SofTech's Cost of Goods Sold for the three months ended in Nov. 2016 was $0.24 Mil. SofTech's Average Total Inventories for the quarter that ended in Nov. 2016 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SofTech's Days Inventory for the three months ended in Nov. 2016 was 0.00.

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. SofTech's Inventory-to-Revenue for the quarter that ended in Nov. 2016 was 0.00.

SofTech Inventory Turnover Historical Data

The historical data trend for SofTech'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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SofTech Inventory Turnover Chart

SofTech Annual Data

Trend

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Inventory Turnover

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SofTech Quarterly Data
	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

SofTech Inventory Turnover Calculation

SofTech's Inventory Turnover for the fiscal year that ended in May. 2016 is calculated as

	Inventory Turnover (A: May. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: May. 2016 )	/ (	(Total Inventories (A: May. 2015 )	+	Total Inventories (A: May. 2016 ))	/	count )
=	1.522	/ (	(0	+	0)	/	1 )
=	1.522	/	0
=	N/A

SofTech's Inventory Turnover for the quarter that ended in Nov. 2016 is calculated as

	Inventory Turnover (Q: Nov. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Nov. 2016 )	/ (	(Total Inventories (Q: Aug. 2016 )	+	Total Inventories (Q: Nov. 2016 ))	/	count )
=	0.235	/ (	(0	+	0)	/	1 )
=	0.235	/	0
=	N/A

SofTech (OTCPK:SOFT) 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.

SofTech's Days Inventory for the three months ended in Nov. 2016 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Nov. 2016 )	/	Cost of Goods Sold (Q: Nov. 2016 )	*	Days in Period
	=	0	/	0.235	*	365 / 4
	=	0.00

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.

SofTech's Inventory to Revenue for the quarter that ended in Nov. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Nov. 2016 )	/	Revenue (Q: Nov. 2016 )
	=	0	/	0.637
	=	0.00

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.

SofTech Inventory Turnover Related Terms

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SofTech (SofTech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SofTech Inc (OTCPK:SOFT) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

650 Suffolk Street, Suite 415, Lowell, MA, USA, 01854

Website

http://www.softech.com

SofTech Inc is engaged in the development, marketing, distribution and support of computer software solutions that enable companies to manage the lifecycle of their products from conception through design and manufacture, to service and disposal. The company's service offerings include consulting, training and discrete engineering services. These solutions include software technology offerings for computer-aided design, and product data management and collaboration technologies. In addition, the company offers a technology platform that allows data exchange between various third-party technology offerings known as the company's connector offering.

Executives

Joseph Patrick Daly	10 percent owner	497 CIRCLE FREEWAY, CINCINNATI OH 45246
J Phillip Cooper	director

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