California Style Palms (California Style Palms) Inventory Turnover : 3.05 (As of Sep. 2006)

View and export this data going back to 2004. Start your Free Trial

What is California Style Palms 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. California Style Palms's Cost of Goods Sold for the three months ended in Sep. 2006 was $1.86 Mil. California Style Palms's Average Total Inventories for the quarter that ended in Sep. 2006 was $0.61 Mil. California Style Palms's Inventory Turnover for the quarter that ended in Sep. 2006 was 3.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. California Style Palms's Days Inventory for the three months ended in Sep. 2006 was 29.97.

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. California Style Palms's Inventory-to-Revenue for the quarter that ended in Sep. 2006 was 0.17.

California Style Palms Inventory Turnover Historical Data

The historical data trend for California Style Palms'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.

* Premium members only.

California Style Palms Inventory Turnover Chart

California Style Palms Annual Data

Trend

Jan97

Jan98

Jan99

Jan00

Jan01

Jan02

Jan03

Mar05

Inventory Turnover

Get a 7-Day Free Trial

1.95

2.03

2.10

2.45

6.09

California Style Palms Quarterly Data
	Jul00	Oct00	Jan01	Apr01	Jul01	Oct01	Jan02	Apr02	Jul02	Oct02	Jan03	Apr03	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
Inventory Turnover	Get a 7-Day Free Trial															0.70	1.31	2.57	2.58	3.05

California Style Palms Inventory Turnover Calculation

California Style Palms's Inventory Turnover for the fiscal year that ended in Mar. 2005 is calculated as

	Inventory Turnover (A: Mar. 2005 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2005 )	/ (	(Total Inventories (A: Jan. 2003 )	+	Total Inventories (A: Mar. 2005 ))	/	count )
=	8.362	/ (	(1.203	+	1.544)	/	2 )
=	8.362	/	1.3735
=	6.09

California Style Palms's Inventory Turnover for the quarter that ended in Sep. 2006 is calculated as

	Inventory Turnover (Q: Sep. 2006 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2006 )	/ (	(Total Inventories (Q: Jun. 2006 )	+	Total Inventories (Q: Sep. 2006 ))	/	count )
=	1.856	/ (	(0.837	+	0.382)	/	2 )
=	1.856	/	0.6095
=	3.05

California Style Palms (OTCPK:CFPI) 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.

California Style Palms's Days Inventory for the three months ended in Sep. 2006 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2006 )	/	Cost of Goods Sold (Q: Sep. 2006 )	*	Days in Period
	=	0.6095	/	1.856	*	365 / 4
	=	29.97

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.

California Style Palms's Inventory to Revenue for the quarter that ended in Sep. 2006 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2006 )	/	Revenue (Q: Sep. 2006 )
	=	0.6095	/	3.573
	=	0.17

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.

California Style Palms Inventory Turnover Related Terms

Thank you for viewing the detailed overview of California Style Palms's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

California Style Palms (California Style Palms) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » California Style Palms Inc (OTCPK:CFPI) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

349 North Renee Street, Orange, CA, USA, 92869-3122

Website

http://www.californiastylepalmsinc.com

California Style Palms Inc is engaged in selling and installation of decorative palm trees. It owns and operates the assets, with the exception of the real estate, of Gregory Palm Farms, LLC, a fourth-generation farmers company who live to grow its own products. The company owns and operates two farms in California, and have set up central location in Orange, Orange County. It derives revenues primarily from the sale and installation of decorative palm trees.

Executives

Andrew C Schmidt

director

1700 CARNEGIE AVE, SUITE 100, SANTA ANA CA 92705

California Style Palms (California Style Palms) Headlines

No Headlines