H.E.R.C. Products (H.E.R.C. Products) Inventory Turnover : 15.71 (As of Jun. 2004)

H.E.R.C. Products Inventory Turnover Chart

H.E.R.C. Products Annual Data
	Trend	Dec94	Dec95	Dec96	Dec97	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03
Inventory Turnover		Get a 7-Day Free Trial					30.30	54.10	106.58	102.19	62.32

H.E.R.C. Products Quarterly Data
	Sep98	Dec98	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04
Inventory Turnover	Get a 7-Day Free Trial															8.85	13.54	13.87	13.46	15.71

H.E.R.C. Products Inventory Turnover Calculation

H.E.R.C. Products's Inventory Turnover for the fiscal year that ended in Dec. 2003 is calculated as

H.E.R.C. Products's Inventory Turnover for the quarter that ended in Jun. 2004 is calculated as

* 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.

H.E.R.C. Products  (OTCPK:HERC) 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.

H.E.R.C. Products's Days Inventory for the three months ended in Jun. 2004 is calculated as:

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.

H.E.R.C. Products's Inventory to Revenue for the quarter that ended in Jun. 2004 is calculated as

* 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.

H.E.R.C. Products Inventory Turnover Related Terms

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H.E.R.C. Products (H.E.R.C. Products) Business Description