Medical Device Works (XPAR:ALMDW) Inventory Turnover : 33.79 (As of Dec. 2012)

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What is Medical Device Works 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. Medical Device Works's Cost of Goods Sold for the six months ended in Dec. 2012 was €0.98 Mil. Medical Device Works's Average Total Inventories for the quarter that ended in Dec. 2012 was €0.03 Mil. Medical Device Works's Inventory Turnover for the quarter that ended in Dec. 2012 was 33.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Medical Device Works's Days Inventory for the six months ended in Dec. 2012 was 5.40.

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. Medical Device Works's Inventory-to-Revenue for the quarter that ended in Dec. 2012 was 0.03.

Medical Device Works Inventory Turnover Historical Data

The historical data trend for Medical Device Works'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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Medical Device Works Inventory Turnover Chart

Medical Device Works Annual Data

Trend

Dec11

Dec12

Inventory Turnover

33.96

33.79

Medical Device Works Semi-Annual Data
	Dec11	Dec12
Inventory Turnover	33.96	33.79

Medical Device Works Inventory Turnover Calculation

Medical Device Works's Inventory Turnover for the fiscal year that ended in Dec. 2012 is calculated as

	Inventory Turnover (A: Dec. 2012 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2012 )	/ (	(Total Inventories (A: Dec. 2011 )	+	Total Inventories (A: Dec. 2012 ))	/	count )
=	0.98	/ (	(0.028	+	0.03)	/	2 )
=	0.98	/	0.029
=	33.79

Medical Device Works's Inventory Turnover for the quarter that ended in Dec. 2012 is calculated as

	Inventory Turnover (Q: Dec. 2012 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2012 )	/ (	(Total Inventories (Q: Dec. 2011 )	+	Total Inventories (Q: Dec. 2012 ))	/	count )
=	0.98	/ (	(0.028	+	0.03)	/	2 )
=	0.98	/	0.029
=	33.79

Medical Device Works (XPAR:ALMDW) 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.

Medical Device Works's Days Inventory for the six months ended in Dec. 2012 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2012 )	/	Cost of Goods Sold (Q: Dec. 2012 )	*	Days in Period
	=	0.029	/	0.98	*	365 / 2
	=	5.40

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.

Medical Device Works's Inventory to Revenue for the quarter that ended in Dec. 2012 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2012 )	/	Revenue (Q: Dec. 2012 )
	=	0.029	/	1.098
	=	0.03

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.

Medical Device Works Inventory Turnover Related Terms

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Medical Device Works (XPAR:ALMDW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medical Device Works SA (XPAR:ALMDW) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.medicaldeviceworks.com

Medical Device Works SA is engaged in developing kits of minimally-invasive surgical devices for temporarily isolating damaged organs from blood flow.

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