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Electronic Tele-Communications (Electronic Tele-Communications) Total Inventories : $0.49 Mil (As of Jun. 2007)


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What is Electronic Tele-Communications Total Inventories?

Electronic Tele-Communications's total inventories for the quarter that ended in Jun. 2007 was $0.49 Mil. Electronic Tele-Communications's average total inventories from the quarter that ended in Mar. 2007 to the quarter that ended in Jun. 2007 was $0.50 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Electronic Tele-Communications's Net-Net Working Capital per share for the quarter that ended in Jun. 2007 was $-0.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Electronic Tele-Communications's Days Inventory for the three months ended in Jun. 2007 was 146.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Electronic Tele-Communications's Inventory Turnover for the quarter that ended in Jun. 2007 was 0.62.

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. Electronic Tele-Communications's Inventory-to-Revenue for the quarter that ended in Jun. 2007 was 0.96.


Electronic Tele-Communications Total Inventories Historical Data

The historical data trend for Electronic Tele-Communications's Total Inventories 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.

* Premium members only.

Electronic Tele-Communications Total Inventories Chart

Electronic Tele-Communications Annual Data
Trend Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 0.96 0.70 0.65 0.55

Electronic Tele-Communications Quarterly Data
Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07
Total Inventories 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 0.60 0.59 0.55 0.52 0.49

Electronic Tele-Communications Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Electronic Tele-Communications  (OTCPK:ETCIA) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Electronic Tele-Communications's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2007 is

Net-Net Working Capital Per Share (Q: Jun. 2007 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.037+0.75 * 0.175+0.5 * 0.488-1.214
-0-0)/2.50915
=-0.32

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Electronic Tele-Communications's Days Inventory for the three months ended in Jun. 2007 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2007 )/Cost of Goods Sold (Q: Jun. 2007 )*Days in Period
=0.503/0.314*365 / 4
=146.17

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Electronic Tele-Communications's Inventory Turnover for the quarter that ended in Jun. 2007 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2007 ) / Average Total Inventories (Q: Jun. 2007 )
=0.314 / 0.503
=0.62

4. 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.

Electronic Tele-Communications's Inventory to Revenue for the quarter that ended in Jun. 2007 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2007 ) / Revenue (Q: Jun. 2007 )
=0.503 / 0.524
=0.96

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Electronic Tele-Communications Total Inventories Related Terms

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Electronic Tele-Communications (Electronic Tele-Communications) Business Description

Traded in Other Exchanges
N/A
Address
1915 MacArthur Road, Waukesha, WI, USA, 53188
Electronic Tele-Communications Inc is a service provider in a converging network. The converging network refers to the methods of transmitting voice through traditional circuit switching and newer methods, such as packet-switching. Its customers include ILECs (incumbent local exchange carriers), RBOCs (Regional Bell Operating Companies), CLECs (competitive local exchange carriers), wireless providers, long-distance companies, cable companies, and utilities.
Executives
Goodkind Conrad G director 411 EAST WISCOSIN AVE, MILWAUKEE WI 53202

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