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

Tekumo (Tekumo) Inventory Turnover : 4.11 (As of Sep. 2010)


View and export this data going back to 1993. Start your Free Trial

What is Tekumo 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. Tekumo's Cost of Goods Sold for the three months ended in Sep. 2010 was $0.14 Mil. Tekumo's Average Total Inventories for the quarter that ended in Sep. 2010 was $0.04 Mil. Tekumo's Inventory Turnover for the quarter that ended in Sep. 2010 was 4.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tekumo's Days Inventory for the three months ended in Sep. 2010 was 22.18.

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. Tekumo's Inventory-to-Revenue for the quarter that ended in Sep. 2010 was 0.23.


Tekumo Inventory Turnover Historical Data

The historical data trend for Tekumo'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.

Tekumo Inventory Turnover Chart

Tekumo Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 1.54 - - -

Tekumo Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 5.30 4.11

Tekumo Inventory Turnover Calculation

Tekumo'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 )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Tekumo's Inventory Turnover for the quarter that ended in Sep. 2010 is calculated as

Inventory Turnover (Q: Sep. 2010 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2010 ) / ((Total Inventories (Q: Jun. 2010 ) + Total Inventories (Q: Sep. 2010 )) / count )
=0.144 / ((0.01 + 0.06) / 2 )
=0.144 / 0.035
=4.11

* 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.


Tekumo  (OTCPK:TKMO) 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.

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

Days Inventory =Average Total Inventories (Q: Sep. 2010 )/Cost of Goods Sold (Q: Sep. 2010 )*Days in Period
=0.035/0.144*365 / 4
=22.18

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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2010 ) / Revenue (Q: Sep. 2010 )
=0.035 / 0.149
=0.23

* 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.


Tekumo Inventory Turnover Related Terms

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


Tekumo (Tekumo) Business Description

Traded in Other Exchanges
N/A
Address
555 Middle Creek Parkway, Suite 100, Colorado Springs, CO, USA, 80921
Balincan USA Inc is an intelligent service delivery platform that solves the last-mile of installing and maintaining technology systems and smart connected devices. The company offers three products namely TekumoSMART, TekumoIQ and TekumoPRO. TekumoSMART delivers the complete service chain for smart connected devices. TekumoPRO is a service delivery platform that connects enterprises, retailers, and OEM's with local skilled resources to install and maintain technology systems. TekumoIQ provides real-time data from all connected assets, accessible via Tekumo dashboards or directly delivered into any end user ecosystem.
Executives
David Weiner director, 10 percent owner 12400 VENTURA BLVD., SUITE 327, STUDIO CITY CA 91604

Tekumo (Tekumo) Headlines

From GuruFocus

Balincan USA, Inc. Completes Initial Financing

By Value_Insider Value_Insider 10-24-2022

Balincan USA, Inc. Enters Into Growing Smart Cities Market

By Value_Insider Value_Insider 12-07-2022

Balincan USA Inc. (BCNN) Letter to our Shareholders

By Value_Insider Value_Insider 11-18-2022

Balincan USA, Inc. Expands Into InsurTech and IIoT Risk Mitigation

By Value_Insider Value_Insider 11-29-2022