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Nitsba Holdings 1995 (XTAE:NTBA) Inventory Turnover : 0.17 (As of Jun. 2013)


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What is Nitsba Holdings 1995 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. Nitsba Holdings 1995's Cost of Goods Sold for the six months ended in Jun. 2013 was ₪26.0 Mil. Nitsba Holdings 1995's Average Total Inventories for the quarter that ended in Jun. 2013 was ₪149.4 Mil. Nitsba Holdings 1995's Inventory Turnover for the quarter that ended in Jun. 2013 was 0.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nitsba Holdings 1995's Days Inventory for the six months ended in Jun. 2013 was 1,047.62.

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. Nitsba Holdings 1995's Inventory-to-Revenue for the quarter that ended in Jun. 2013 was 1.23.

Nitsba Holdings 1995 Inventory Turnover Historical Data

The historical data trend for Nitsba Holdings 1995'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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Nitsba Holdings 1995 Inventory Turnover Chart

Nitsba Holdings 1995 Annual Data
Trend
Inventory Turnover

Nitsba Holdings 1995 Semi-Annual Data
Jun12 Jun13
Inventory Turnover 0.21 0.17

Nitsba Holdings 1995 Inventory Turnover Calculation

Nitsba Holdings 1995's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

Inventory Turnover (A: . 20 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: . 20 ) / ((Total Inventories (A: . 20 ) + Total Inventories (A: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

Nitsba Holdings 1995's Inventory Turnover for the quarter that ended in Jun. 2013 is calculated as

Inventory Turnover (Q: Jun. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2013 ) / ((Total Inventories (Q: Jun. 2012 ) + Total Inventories (Q: Jun. 2013 )) / count )
=26.018 / ((117.551 + 181.156) / 2 )
=26.018 / 149.3535
=0.17

* 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.

Nitsba Holdings 1995  (XTAE:NTBA) 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.

Nitsba Holdings 1995's Days Inventory for the six months ended in Jun. 2013 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2013 )/Cost of Goods Sold (Q: Jun. 2013 )*Days in Period
=149.3535/26.018*365 / 2
=1,047.62

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.

Nitsba Holdings 1995's Inventory to Revenue for the quarter that ended in Jun. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2013 ) / Revenue (Q: Jun. 2013 )
=149.3535 / 121.043
=1.23

* 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.

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