World Wireless Communications (World Wireless Communications) Inventory Turnover : 0.17 (As of Dec. 2002)

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What is World Wireless Communications 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. World Wireless Communications's Cost of Goods Sold for the three months ended in Dec. 2002 was $0.08 Mil. World Wireless Communications's Average Total Inventories for the quarter that ended in Dec. 2002 was $0.44 Mil. World Wireless Communications's Inventory Turnover for the quarter that ended in Dec. 2002 was 0.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. World Wireless Communications's Days Inventory for the three months ended in Dec. 2002 was 526.49.

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. World Wireless Communications's Inventory-to-Revenue for the quarter that ended in Dec. 2002 was 3.02.

World Wireless Communications Inventory Turnover Historical Data

The historical data trend for World Wireless Communications'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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World Wireless Communications Inventory Turnover Chart

World Wireless Communications Annual Data

Trend

Dec99

Dec00

Dec01

Dec02

Inventory Turnover

10.16

3.19

1.77

0.79

World Wireless Communications Quarterly Data
	Mar99	Jun99	Sep99	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02
Inventory Turnover	Get a 7-Day Free Trial											0.41	0.19	0.21	0.21	0.17

World Wireless Communications Inventory Turnover Calculation

World Wireless Communications's Inventory Turnover for the fiscal year that ended in Dec. 2002 is calculated as

	Inventory Turnover (A: Dec. 2002 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2002 )	/ (	(Total Inventories (A: Dec. 2001 )	+	Total Inventories (A: Dec. 2002 ))	/	count )
=	0.341	/ (	(0.446	+	0.412)	/	2 )
=	0.341	/	0.429
=	0.79

World Wireless Communications's Inventory Turnover for the quarter that ended in Dec. 2002 is calculated as

	Inventory Turnover (Q: Dec. 2002 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2002 )	/ (	(Total Inventories (Q: Sep. 2002 )	+	Total Inventories (Q: Dec. 2002 ))	/	count )
=	0.076	/ (	(0.465	+	0.412)	/	2 )
=	0.076	/	0.4385
=	0.17

World Wireless Communications (OTCPK:WWRL) 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.

World Wireless Communications's Days Inventory for the three months ended in Dec. 2002 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2002 )	/	Cost of Goods Sold (Q: Dec. 2002 )	*	Days in Period
	=	0.4385	/	0.076	*	365 / 4
	=	526.49

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.

World Wireless Communications's Inventory to Revenue for the quarter that ended in Dec. 2002 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2002 )	/	Revenue (Q: Dec. 2002 )
	=	0.4385	/	0.145
	=	3.02

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.

World Wireless Communications Inventory Turnover Related Terms

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World Wireless Communications (World Wireless Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » World Wireless Communications Inc (OTCPK:WWRL) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

5670 Greenwood Plaza Blvd., Penthouse, Greenwood Village, CO, USA, 80111

Website

http://www.worldwireless.com

World Wireless Communications Inc is a telecom service provider in the United States. The firm is engaged as a developer of wired and wireless telemetry and remote control systems.

Executives

Marty Steinberg

10 percent owner

1111 BRICKELL AVENUE SUITE 2500, MIAMI FL 33131

World Wireless Communications (World Wireless Communications) Headlines

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