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United American Healthcare (United American Healthcare) Inventory Turnover : 2.55 (As of Sep. 2014)


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What is United American Healthcare 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. United American Healthcare's Cost of Goods Sold for the three months ended in Sep. 2014 was $1.45 Mil. United American Healthcare's Average Total Inventories for the quarter that ended in Sep. 2014 was $0.57 Mil. United American Healthcare's Inventory Turnover for the quarter that ended in Sep. 2014 was 2.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. United American Healthcare's Days Inventory for the three months ended in Sep. 2014 was 35.79.

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. United American Healthcare's Inventory-to-Revenue for the quarter that ended in Sep. 2014 was 0.27.


United American Healthcare Inventory Turnover Historical Data

The historical data trend for United American Healthcare'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.

United American Healthcare Inventory Turnover Chart

United American Healthcare Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.65 18.19 15.48

United American Healthcare Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 2.71 2.23 2.35 2.20 2.55

United American Healthcare Inventory Turnover Calculation

United American Healthcare's Inventory Turnover for the fiscal year that ended in Jun. 2012 is calculated as

Inventory Turnover (A: Jun. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2012 ) / ((Total Inventories (A: Jun. 2011 ) + Total Inventories (A: Jun. 2012 )) / count )
=3.923 / ((0.279 + 0.228) / 2 )
=3.923 / 0.2535
=15.48

United American Healthcare's Inventory Turnover for the quarter that ended in Sep. 2014 is calculated as

Inventory Turnover (Q: Sep. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2014 ) / ((Total Inventories (Q: Jun. 2014 ) + Total Inventories (Q: Sep. 2014 )) / count )
=1.447 / ((0.593 + 0.542) / 2 )
=1.447 / 0.5675
=2.55

* 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.


United American Healthcare  (OTCPK:UAHC) 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.

United American Healthcare's Days Inventory for the three months ended in Sep. 2014 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2014 )/Cost of Goods Sold (Q: Sep. 2014 )*Days in Period
=0.5675/1.447*365 / 4
=35.79

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.

United American Healthcare's Inventory to Revenue for the quarter that ended in Sep. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2014 ) / Revenue (Q: Sep. 2014 )
=0.5675 / 2.091
=0.27

* 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.


United American Healthcare Inventory Turnover Related Terms

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United American Healthcare (United American Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
303 East Wacker Drive, Suite 1040, Chicago, IL, USA, 60601
United American Healthcare Corporation provides contract manufacturing services to the medical device industry, through its subsidiary, in the United States. The firm derives maximum revenue from the Contract manufacturing services segment which involves the provision of Pulse Systems to the medical device industry.
Executives
Herbert J Bellucci director, officer: President&CEO of Pulse Systems 13950 STOWE DRIVE, POWAY CA 92064
Bruce Galloway director C/O GALLOWAY CAPITAL MANAGEMENT LLC, 720 FIFTH AVENUE 10TH FLOOR, NEW YORK NY 10019
Miller Lloyd I Iii other: Former 10% owner
Eddie R Munson director 5879 MURFIELD DRIVE, ROCHESTER HILLS MI 48306