Xenonics Holdings (Xenonics Holdings) Inventory Turnover : 0.44 (As of Jun. 2015)

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What is Xenonics Holdings 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. Xenonics Holdings's Cost of Goods Sold for the three months ended in Jun. 2015 was $0.25 Mil. Xenonics Holdings's Average Total Inventories for the quarter that ended in Jun. 2015 was $0.58 Mil. Xenonics Holdings's Inventory Turnover for the quarter that ended in Jun. 2015 was 0.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Xenonics Holdings's Days Inventory for the three months ended in Jun. 2015 was 208.65.

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. Xenonics Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2015 was 1.28.

Xenonics Holdings Inventory Turnover Historical Data

The historical data trend for Xenonics Holdings'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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Xenonics Holdings Inventory Turnover Chart

Xenonics Holdings Annual Data

Trend

Sep05

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Inventory Turnover

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1.11

1.77

0.58

0.89

0.61

Xenonics Holdings Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Inventory Turnover	Get a 7-Day Free Trial															0.14	0.43	0.46	0.45	0.44

Xenonics Holdings Inventory Turnover Calculation

Xenonics Holdings's Inventory Turnover for the fiscal year that ended in Sep. 2014 is calculated as

	Inventory Turnover (A: Sep. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2014 )	/ (	(Total Inventories (A: Sep. 2013 )	+	Total Inventories (A: Sep. 2014 ))	/	count )
=	0.566	/ (	(1.154	+	0.701)	/	2 )
=	0.566	/	0.9275
=	0.61

Xenonics Holdings's Inventory Turnover for the quarter that ended in Jun. 2015 is calculated as

	Inventory Turnover (Q: Jun. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2015 )	/ (	(Total Inventories (Q: Mar. 2015 )	+	Total Inventories (Q: Jun. 2015 ))	/	count )
=	0.253	/ (	(0.614	+	0.543)	/	2 )
=	0.253	/	0.5785
=	0.44

Xenonics Holdings (OTCPK:XNNHQ) 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.

Xenonics Holdings's Days Inventory for the three months ended in Jun. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2015 )	/	Cost of Goods Sold (Q: Jun. 2015 )	*	Days in Period
	=	0.5785	/	0.253	*	365 / 4
	=	208.65

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.

Xenonics Holdings's Inventory to Revenue for the quarter that ended in Jun. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2015 )	/	Revenue (Q: Jun. 2015 )
	=	0.5785	/	0.451
	=	1.28

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.

Xenonics Holdings Inventory Turnover Related Terms

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Xenonics Holdings (Xenonics Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xenonics Holdings Inc (OTCPK:XNNHQ) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

3445 Lawrence Avenue, Oceanside, NY, USA, 11572

Website

http://www.xenonics.com

Xenonics Holdings Inc is a shell company.

Executives

Selig Zises

10 percent owner

C/O MANGOSOFT INC, 1500 WEST PARK DRIVE STE 190, WESTBOROUGH MA 01581

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