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ZRVT (Zurvita Holdings) Inventory Turnover : 16.89 (As of Jan. 2013)


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What is Zurvita 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. Zurvita Holdings's Cost of Goods Sold for the three months ended in Jan. 2013 was $5.79 Mil. Zurvita Holdings's Average Total Inventories for the quarter that ended in Jan. 2013 was $0.34 Mil. Zurvita Holdings's Inventory Turnover for the quarter that ended in Jan. 2013 was 16.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zurvita Holdings's Days Inventory for the three months ended in Jan. 2013 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. Zurvita Holdings's Inventory-to-Revenue for the quarter that ended in Jan. 2013 was 0.05.


Zurvita Holdings Inventory Turnover Historical Data

The historical data trend for Zurvita 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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Zurvita Holdings Inventory Turnover Chart

Zurvita Holdings Annual Data
Trend Jul07 Jul08 Jul09 Jul10 Jul11 Jul12
Inventory Turnover
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Zurvita Holdings Quarterly Data
Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13
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 - - - - 16.89

Zurvita Holdings Inventory Turnover Calculation

Zurvita Holdings's Inventory Turnover for the fiscal year that ended in Jul. 2012 is calculated as

Inventory Turnover (A: Jul. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jul. 2012 ) / ((Total Inventories (A: Jul. 2011 ) + Total Inventories (A: Jul. 2012 )) / count )
=6.514 / ((0 + 0) / 1 )
=6.514 / 0
=N/A

Zurvita Holdings's Inventory Turnover for the quarter that ended in Jan. 2013 is calculated as

Inventory Turnover (Q: Jan. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jan. 2013 ) / ((Total Inventories (Q: Oct. 2012 ) + Total Inventories (Q: Jan. 2013 )) / count )
=5.792 / ((0 + 0.343) / 1 )
=5.792 / 0.343
=16.89

* 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.


Zurvita Holdings  (OTCPK:ZRVT) 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.

Zurvita Holdings's Days Inventory for the three months ended in Jan. 2013 is calculated as:

Days Inventory =Average Total Inventories (Q: Jan. 2013 )/Cost of Goods Sold (Q: Jan. 2013 )*Days in Period
=0.343/5.792*365 / 4
=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.

Zurvita Holdings's Inventory to Revenue for the quarter that ended in Jan. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2013 ) / Revenue (Q: Jan. 2013 )
=0.343 / 7.274
=0.05

* 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.


Zurvita Holdings Inventory Turnover Related Terms

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Zurvita Holdings Business Description

Traded in Other Exchanges
N/A
Address
800 Gessner Road, Houston, TX, USA, 77024
Zurvita Holdings Inc is a Delaware Corporation. The company is a provider of products and benefits through the use of a multi-level marketing distribution channel which consist of independent business operators. The Company's products include health-related membership programs, residential energy rate plans, identity theft and consumer credit services, as well as numerous low cost ancillary products. It also markets numerous low cost ancillary products such as home warranty, legal assistance and restoration services for identity theft and consumer credit.

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