Speaking Roses International (Speaking Roses International) Inventory Turnover : 5.03 (As of Mar. 2007)

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What is Speaking Roses International 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. Speaking Roses International's Cost of Goods Sold for the three months ended in Mar. 2007 was $0.35 Mil. Speaking Roses International's Average Total Inventories for the quarter that ended in Mar. 2007 was $0.07 Mil. Speaking Roses International's Inventory Turnover for the quarter that ended in Mar. 2007 was 5.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Speaking Roses International's Days Inventory for the three months ended in Mar. 2007 was 18.15.

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. Speaking Roses International's Inventory-to-Revenue for the quarter that ended in Mar. 2007 was 0.12.

Speaking Roses International Inventory Turnover Historical Data

The historical data trend for Speaking Roses International'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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Speaking Roses International Inventory Turnover Chart

Speaking Roses International Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Inventory Turnover

37.31

19.23

13.82

Speaking Roses International Quarterly Data
	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07
Inventory Turnover	Get a 7-Day Free Trial													3.61	3.00	2.58	2.63	5.03

Speaking Roses International Inventory Turnover Calculation

Speaking Roses International's Inventory Turnover for the fiscal year that ended in Dec. 2006 is calculated as

	Inventory Turnover (A: Dec. 2006 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2006 )	/ (	(Total Inventories (A: Dec. 2005 )	+	Total Inventories (A: Dec. 2006 ))	/	count )
=	1.099	/ (	(0.085	+	0.074)	/	2 )
=	1.099	/	0.0795
=	13.82

Speaking Roses International's Inventory Turnover for the quarter that ended in Mar. 2007 is calculated as

	Inventory Turnover (Q: Mar. 2007 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2007 )	/ (	(Total Inventories (Q: Dec. 2006 )	+	Total Inventories (Q: Mar. 2007 ))	/	count )
=	0.352	/ (	(0.074	+	0.066)	/	2 )
=	0.352	/	0.07
=	5.03

Speaking Roses International (GREY:SRII) 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.

Speaking Roses International's Days Inventory for the three months ended in Mar. 2007 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2007 )	/	Cost of Goods Sold (Q: Mar. 2007 )	*	Days in Period
	=	0.07	/	0.352	*	365 / 4
	=	18.15

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.

Speaking Roses International's Inventory to Revenue for the quarter that ended in Mar. 2007 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2007 )	/	Revenue (Q: Mar. 2007 )
	=	0.07	/	0.563
	=	0.12

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.

Speaking Roses International Inventory Turnover Related Terms

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Speaking Roses International (Speaking Roses International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Speaking Roses International Inc (GREY:SRII) » Definitions » Inventory Turnover

Comparable Companies

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Traded in Other Exchanges

N/A

Address

1536 North Woodland Park Drive, Suite No 130, Layton, UT, USA, 84041

Website

http://www.speakingroses.com

Speaking Roses International Inc develops and markets floral products. The company sells embossed flowers, floral sets, personalized flower bouquets to individuals and businesses.

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