Strasbaugh (Strasbaugh) Inventory Turnover : 1.29 (As of Jun. 2010)

View and export this data going back to 1995. Start your Free Trial

What is Strasbaugh 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. Strasbaugh's Cost of Goods Sold for the three months ended in Jun. 2010 was $3.42 Mil. Strasbaugh's Average Total Inventories for the quarter that ended in Jun. 2010 was $2.65 Mil. Strasbaugh's Inventory Turnover for the quarter that ended in Jun. 2010 was 1.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Strasbaugh's Days Inventory for the three months ended in Jun. 2010 was 70.73.

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. Strasbaugh's Inventory-to-Revenue for the quarter that ended in Jun. 2010 was 0.44.

Strasbaugh Inventory Turnover Historical Data

The historical data trend for Strasbaugh'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.

* Premium members only.

Strasbaugh Inventory Turnover Chart

Strasbaugh Annual Data

Trend

Mar98

Mar99

Mar00

Mar01

Mar02

Mar03

Mar04

Dec07

Dec08

Dec09

Inventory Turnover

Get a 7-Day Free Trial

6.03

7.00

2.56

1.20

1.55

Strasbaugh Quarterly Data
	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10
Inventory Turnover	Get a 7-Day Free Trial															0.19	0.38	0.78	1.07	1.29

Strasbaugh Inventory Turnover Calculation

Strasbaugh's Inventory Turnover for the fiscal year that ended in Dec. 2009 is calculated as

	Inventory Turnover (A: Dec. 2009 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2009 )	/ (	(Total Inventories (A: Dec. 2008 )	+	Total Inventories (A: Dec. 2009 ))	/	count )
=	8.45	/ (	(5.659	+	5.256)	/	2 )
=	8.45	/	5.4575
=	1.55

Strasbaugh's Inventory Turnover for the quarter that ended in Jun. 2010 is calculated as

	Inventory Turnover (Q: Jun. 2010 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2010 )	/ (	(Total Inventories (Q: Mar. 2010 )	+	Total Inventories (Q: Jun. 2010 ))	/	count )
=	3.424	/ (	(3.277	+	2.031)	/	2 )
=	3.424	/	2.654
=	1.29

Strasbaugh (OTCPK:STRB) 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.

Strasbaugh's Days Inventory for the three months ended in Jun. 2010 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2010 )	/	Cost of Goods Sold (Q: Jun. 2010 )	*	Days in Period
	=	2.654	/	3.424	*	365 / 4
	=	70.73

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.

Strasbaugh's Inventory to Revenue for the quarter that ended in Jun. 2010 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2010 )	/	Revenue (Q: Jun. 2010 )
	=	2.654	/	6.007
	=	0.44

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.

Strasbaugh Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Strasbaugh's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Strasbaugh (Strasbaugh) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Strasbaugh (OTCPK:STRB) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

825 Buckley Road, San Luis Obispo, CA, USA, 93401

Website

http://www.strasbaugh.com

Strasbaugh makes equipment that is used to make microelectronics. The company manufactures and sells CMP and grinding equipment for use in the production of semiconductor devices. Its CMP and wafer grinding systems are used to manufacture a range of mobile devices, including MEMS, LEDs, RF/power devices, thin film heads, and ICs.

Executives

Bryant R Riley	director	C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Miller Lloyd I Iii	10 percent owner
Richard H Nance	officer: Executive VP and CFO	825 BUCKLEY ROAD, SAN LUIS OBISPO CA 93401
Wes Cummins	director	4505 LORRAINE AVE, DALLAS TX 75205
Danilo Cacciamatta	director
Michael B Targoff	director	40 WEST 57TH ST., NEW YORK NY 10019

Strasbaugh (Strasbaugh) Headlines

No Headlines