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Naibu Global International Co (STU:NGC) Inventory Turnover : 10.36 (As of Jun. 2014)


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What is Naibu Global International Co 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. Naibu Global International Co's Cost of Goods Sold for the three months ended in Jun. 2014 was €766 Mil. Naibu Global International Co's Average Total Inventories for the quarter that ended in Jun. 2014 was €74 Mil. Naibu Global International Co's Inventory Turnover for the quarter that ended in Jun. 2014 was 10.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Naibu Global International Co's Days Inventory for the three months ended in Jun. 2014 was 8.80.

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. Naibu Global International Co's Inventory-to-Revenue for the quarter that ended in Jun. 2014 was 0.07.

Naibu Global International Co Inventory Turnover Historical Data

The historical data trend for Naibu Global International Co'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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Naibu Global International Co Inventory Turnover Chart

Naibu Global International Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Inventory Turnover
Get a 7-Day Free Trial 25.77 29.99 18.94 16.79 17.80

Naibu Global International Co Quarterly Data
Jun12 Dec12 Jun13 Dec13 Jun14
Inventory Turnover - 9.97 9.23 8.08 10.36

Naibu Global International Co Inventory Turnover Calculation

Naibu Global International Co's Inventory Turnover for the fiscal year that ended in Dec. 2013 is calculated as

Inventory Turnover (A: Dec. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2013 ) / ((Total Inventories (A: Dec. 2012 ) + Total Inventories (A: Dec. 2013 )) / count )
=1392.483 / ((64.829 + 91.606) / 2 )
=1392.483 / 78.2175
=17.80

Naibu Global International Co's Inventory Turnover for the quarter that ended in Jun. 2014 is calculated as

Inventory Turnover (Q: Jun. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2014 ) / ((Total Inventories (Q: Dec. 2013 ) + Total Inventories (Q: Jun. 2014 )) / count )
=765.971 / ((91.606 + 56.211) / 2 )
=765.971 / 73.9085
=10.36

* 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.

Naibu Global International Co  (STU:NGC) 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.

Naibu Global International Co's Days Inventory for the three months ended in Jun. 2014 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2014 )/Cost of Goods Sold (Q: Jun. 2014 )*Days in Period
=73.9085/765.971*365 / 4
=8.80

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.

Naibu Global International Co's Inventory to Revenue for the quarter that ended in Jun. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2014 ) / Revenue (Q: Jun. 2014 )
=73.9085 / 1029.912
=0.07

* 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.

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.

Naibu Global International Co Inventory Turnover Related Terms

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Naibu Global International Co (STU:NGC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Naibu Global International Co PLC (STU:NGC) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
Website
http://www.naibu.com
Naibu Global International Co PLC was incorporated on December 15, 2011. The Company designs, manufactures and supplies Naibu branded sports shoes, and design and supply Naibu branded clothing and accessories in the People's Republic of China. Its business segments are organised as: Design, manufacture and sale of sports and leisure footwear which comprise athletic footwear designed for specific sporting activities such as running, tennis, basketball and skate board as well as leisure footwear, marketed under the 'Naibu' brand, and Design and sale of sports of sports apparel and accessories which comprise apparel for specific sporting activities such as running, tennis, basketball and leisure; functional apparel such as t-shirts, polo shirts and windbreakers; and accessories such as sport bags, caps, socks, protective guards and basketballs, marketed under the 'Naibu' brand.