Tigrent (Tigrent) Days Inventory : 3.24 (As of Dec. 2010)

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What is Tigrent Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tigrent's Average Total Inventories for the three months ended in Dec. 2010 was $0.2 Mil. Tigrent's Cost of Goods Sold for the three months ended in Dec. 2010 was $6.9 Mil. Hence, Tigrent's Days Inventory for the three months ended in Dec. 2010 was 3.24.

The historical rank and industry rank for Tigrent's Days Inventory or its related term are showing as below:

TIGE's Days Inventory is not ranked ^*
in the Education industry.
Industry Median: 8.13
* Ranked among companies with meaningful Days Inventory only.

Tigrent's Days Inventory increased from Dec. 2009 (2.33) to Dec. 2010 (3.24). It might indicate that Tigrent's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tigrent's Inventory Turnover for the three months ended in Dec. 2010 was 28.17.

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. Tigrent's Inventory-to-Revenue for the three months ended in Dec. 2010 was 0.02.

Tigrent Days Inventory Historical Data

The historical data trend for Tigrent's Days Inventory 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.

Tigrent Days Inventory Chart

Tigrent Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Days Inventory

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3.52

4.40

5.35

3.78

3.10

Tigrent Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10
Days Inventory	Get a 7-Day Free Trial															2.33	2.83	2.87	2.27	3.24

Competitive Comparison of Tigrent's Days Inventory

For the Education & Training Services subindustry, Tigrent's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tigrent's Days Inventory Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Tigrent's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tigrent's Days Inventory falls into.

Tigrent Days Inventory Calculation

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

Tigrent's Days Inventory for the fiscal year that ended in Dec. 2010 is calculated as

	Days Inventory (A: Dec. 2010 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2009 )	+	Total Inventories (A: Dec. 2010 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2010 )	*	Days in Period
=	( (0.506	+	0.262)	/	2 )	/	45.266	*	365
=	0.384					/	45.266	*	365
=	3.10

Tigrent's Days Inventory for the quarter that ended in Dec. 2010 is calculated as:

	Days Inventory (Q: Dec. 2010 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2010 )	+	Total Inventories (Q: Dec. 2010 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2010 )	*	Days in Period
=	( (0.225	+	0.262)	/	2 )	/	6.859	*	365 / 4
=	0.2435					/	6.859	*	365 / 4
=	3.24

Tigrent (OTCPK:TIGE) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Tigrent's Inventory Turnover for the three months ended in Dec. 2010 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.859	/	0.2435
	=	28.17

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.

Tigrent's Inventory to Revenue for the three months ended in Dec. 2010 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.2435	/	10.339
	=	0.02

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Tigrent Days Inventory Related Terms

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

Tigrent (Tigrent) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Tigrent Inc (OTCPK:TIGE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1612 Cape Coral Parkway, Suite 33904, Cape Coral, FL, USA, 33904

Website

http://www.wincorporate.com

Tigrent Inc through its subsidiaries provides practical, high-quality and value-based training, conferences, publications, technology-based tools and mentoring where customers acquire learning, can apply to accumulate wealth. The company offers training and mentoring on real estate, financial instruments investing and entrepreneurship in the USA, UK and Canada.

Executives

Steven C Barre	director, officer: CEO	777 SOUTH FLAGLER DRIVE SUITE 1108, WEST PALM BEACH FL 33401
J. Hunter Brown	director	20 OLD LANTERN DRIVE, WILTON CT 06897
Richardson Kevin A Ii	director, 10 percent owner	200 HIGH STREET, SUITE 700, BOSTON MA 02110
Prides Capital Partners, Llc	director, 10 percent owner	200 HIGH STREET, SUITE 700, BOSTON MA 02110
James E. May	officer: Chief Admin & General Counsel	1612 E. CAPE CORAL PARKWAY, CAPE CORAL FL 33904
Murray A Indick	director, 10 percent owner	200 HIGH STREET, SUITE 700, BOSTON MA 02110
James K Bass	director	1612 EAST CAPE CORAL PKWY, C/O LEGACY EDUCATION ALLIANCE, INC., CAPE CORAL FL 33904
Kingstown Partners Master Ltd.	10 percent owner	C/O MOURANT OZANNES CORPORATE SERVICES, 42 NORTH CHURCH STREET, P.O. BOX 1348, GRAND CAYMAN E9 KY1-1108
Kingstown Management Gp Llc	10 percent owner	1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Kingstown Capital Management L.p.	10 percent owner	167 MADISON AVENUE, SUITE 205 #1033, NEW YORK NY 10016
Michael Blitzer	10 percent owner	1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Kingstown Capital Partners, Llc	10 percent owner	535 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Guy Shanon	10 percent owner	1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Allan D Weingarten	director	136 OLIVERA WAY, PALM BEACH GARDENS FL 33418
Wallace L Timmeny	director	1122 INTERNATIONAL BLVD., SUITE 601, BURLINGTON A6 L7L 6Z8

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