Precicion Trim (Precicion Trim) Total Inventories : $0.06 Mil (As of Sep. 2011)

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What is Precicion Trim Total Inventories?

Precicion Trim's total inventories for the quarter that ended in Sep. 2011 was $0.06 Mil. Precicion Trim's average total inventories from the quarter that ended in Jun. 2011 to the quarter that ended in Sep. 2011 was $0.06 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Precicion Trim's Net-Net Working Capital per share for the quarter that ended in Sep. 2011 was $40.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Precicion Trim's Days Inventory for the three months ended in Sep. 2011 was 8.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Precicion Trim's Inventory Turnover for the quarter that ended in Sep. 2011 was 10.98.

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. Precicion Trim's Inventory-to-Revenue for the quarter that ended in Sep. 2011 was 0.03.

Precicion Trim Total Inventories Historical Data

The historical data trend for Precicion Trim'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.

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Precicion Trim Total Inventories Chart

Precicion Trim Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Total Inventories

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0.01

0.08

0.04

0.25

Precicion Trim Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Total Inventories	Get a 7-Day Free Trial															0.05	0.25	0.02	0.06	0.06

Precicion Trim 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.

Precicion Trim (OTCPK:PRTR) 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.

Precicion Trim's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2011 is

	Net-Net Working Capital Per Share (Q: Sep. 2011 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(11.105	+	0.75 * 2.183	+	0.5 * 0.062	-	0.678
-	0	-	0)	/	0.2994
=	40.40

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

Precicion Trim's Days Inventory for the three months ended in Sep. 2011 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2011 )	/	Cost of Goods Sold (Q: Sep. 2011 )	*	Days in Period
	=	0.062	/	0.681	*	365 / 4
	=	8.31

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

Precicion Trim's Inventory Turnover for the quarter that ended in Sep. 2011 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2011 )	/	Average Total Inventories (Q: Sep. 2011 )
	=	0.681	/	0.062
	=	10.98

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.

Precicion Trim's Inventory to Revenue for the quarter that ended in Sep. 2011 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2011 )	/	Revenue (Q: Sep. 2011 )
	=	0.062	/	2.174
	=	0.03

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.

Precicion Trim Total Inventories Related Terms

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Precicion Trim (Precicion Trim) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Precicion Trim Inc (OTCPK:PRTR) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

17011 Beach Boulevard, 9th Floor, Huntington Beach, CA, USA, 92647

Website

https://www.preciciontrim.com

Precicion Trim Inc is a United States based company operating in the machine automation and development field. It designs, manufactures and distributes robotic and non-robotic machines in a wide variety of industries. The company is focused on the development and design of its flower trimming equipment. The equipment will be able to trim the head off of flowering plants at a distance that is programmable by the user. In addition, the company also owns medical devices.

Executives

Kenneth Leung	director	257 GOLD STREET APT. 14B BROOKLYN NY 11201
Joseph Charles Passalaqua	10 percent owner	106 GLENWOOD DR SOUTH, LIVERPOOL NY 13090
Craig Burton	director, officer: President	104 DUNLAP DRIVE, DEWITT NY 13214

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