Amica Mature Lifestyles (TSX:ACC) Inventory Turnover : 0.00 (As of Aug. 2015)

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What is Amica Mature Lifestyles 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. Amica Mature Lifestyles's Cost of Goods Sold for the three months ended in Aug. 2015 was C$23.5 Mil. Amica Mature Lifestyles's Average Total Inventories for the quarter that ended in Aug. 2015 was C$0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Amica Mature Lifestyles's Days Inventory for the three months ended in Aug. 2015 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. Amica Mature Lifestyles's Inventory-to-Revenue for the quarter that ended in Aug. 2015 was 0.00.

Amica Mature Lifestyles Inventory Turnover Historical Data

The historical data trend for Amica Mature Lifestyles'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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Amica Mature Lifestyles Inventory Turnover Chart

Amica Mature Lifestyles Annual Data

Trend

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Inventory Turnover

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Amica Mature Lifestyles Quarterly Data
	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Amica Mature Lifestyles Inventory Turnover Calculation

Amica Mature Lifestyles's Inventory Turnover for the fiscal year that ended in May. 2015 is calculated as

	Inventory Turnover (A: May. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: May. 2015 )	/ (	(Total Inventories (A: May. 2014 )	+	Total Inventories (A: May. 2015 ))	/	count )
=	94.319	/ (	(0	+	0)	/	1 )
=	94.319	/	0
=	N/A

Amica Mature Lifestyles's Inventory Turnover for the quarter that ended in Aug. 2015 is calculated as

	Inventory Turnover (Q: Aug. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Aug. 2015 )	/ (	(Total Inventories (Q: May. 2015 )	+	Total Inventories (Q: Aug. 2015 ))	/	count )
=	23.544	/ (	(0	+	0)	/	1 )
=	23.544	/	0
=	N/A

Amica Mature Lifestyles (TSX:ACC) 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.

Amica Mature Lifestyles's Days Inventory for the three months ended in Aug. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Aug. 2015 )	/	Cost of Goods Sold (Q: Aug. 2015 )	*	Days in Period
	=	0	/	23.544	*	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.

Amica Mature Lifestyles's Inventory to Revenue for the quarter that ended in Aug. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Aug. 2015 )	/	Revenue (Q: Aug. 2015 )
	=	0	/	37.219
	=	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.

Amica Mature Lifestyles Inventory Turnover Related Terms

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Amica Mature Lifestyles (TSX:ACC) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Amica Mature Lifestyles Inc (TSX:ACC) » Definitions » Inventory Turnover

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Address

Website

http://www.amica.ca

Amica Mature Lifestyles Inc was incorporated on November 5, 1996 under the Business Corporations Act (Alberta) and on December 7, 1998, was continued under the Canada Business Corporations Act. The Company is engaged in the design, development, marketing, management and ownership of luxury seniors residences. The Company earns revenues from the ownership and operation of senior residences, management fees based on gross revenue of the seniors residences, design and marketing fees during the development, construction and lease-up of the seniors residences, guarantee fees on the co-tenancy debt that the Company has guaranteed and interest income on loans advanced by the Company to the co-tenancies.