Turns - Factbites

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Topic: Turns

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	Inventory turns - Wikipedia, the free encyclopedia
		An item whose inventory is sold (turns over) once a year has higher holding cost than one that turns over twice, or three times, or more in that time.
		In business management, inventory turns (IT) measures the number of times capital invested in goods to be sold turns over in a year.
		The real purpose of inventory reduction campaigns is to increase inventory turns, for three reasons.
	en.wikipedia.org /wiki/Inventory_turns

	Tobacconist Tips- Understanding Inventory Turns
		The turns can be calculated for the whole inventory or part of the inventory such as a department or product grouping and gives you a picture of the business compared to the last month, quarter, season or year, and how you compare to others in your industry.
		Turns refer to the number of times your inventory is replaced per year OR per month.
		Inventory management actually is a bottleneck for growth if it is not efficient enough, tying up a lot of working capital that could be better used elsewhere.
	www.yourtobacconist.com /tips/tip017.htm

	ITworld.com - Learn to measure inventory turns
		Inventory turns are calculated by dividing annual sales by the average value of the inventory.
		Inventory turns are a measure of how quickly a company replenishes its entire stock of materials or merchandise annually.
		Driving much of those inventory turns was the need to address falling margins and slowing annual growth, the report said.
	www.itworld.com /Tech/2429/CWD010507STO60182/pfindex.html

	BankruptcyNews.org::News articles & research on inventory turns
		Inventory turns were 7.3 in the first quarter of fiscal 2004, compared with 7.0 in the first quarter of fiscal 2003, and compared with 6.8 in the fourth...
		Inventory turns were 6.2, flat with the level at the end of last year and at the end of the third quarter last year.
		Annualized gross inventory turns decreased from 6.7 as of Sept. 30, 2002 to 4.4 as of Sept. 30, 2003.
	finance.za-news.com /news/inventory_turns.html

	INVENTORY METRICS
		The higher the inventory turns, the better the firm uses its inventory assets.
		This is inventory which is classified as being unfit to sell, or lying in the storage waiting for the appropriate use.
		On the cost side, the first measure, inventory turnover, is the ratio of the cost of annual sales to the average inventory level.
	www2.egr.uh.edu /~araguram/INVENTORY+METRICS-sachin1.htm

	Inventory Turns
		Inventory turns are calculated by dividing the average annual cost of goods sold by the average inventory.
		Inventory turns are a measure of how rapidly things are used or are sold.
		Turn your inventory before it turns on you.
	www.positive-way.com /business/inventor3.htm

	Inventory Turns
		Inventory turns were 6.4 in the fourth quarter of fiscal 2004, compared with 6.8 in the fourth quarter of fiscal 2003, and compared with 6.3 in the third...
		Inventory turns were 6.4 in the fourth quarter, compared with 6.8 in the year-ago quarter and with 6.3 in the previous third quarter.
		Inventory turns were 2.5 times on an annualized basis for the period ended June 30, 2004, compared to 2.9 times on an annualized basis for the period ended...
	finance.za-news.com /new/Inventory_Turns.html

	Drug Store News: Drug stores getting more H&BA inventory turns - Nielsen report
		Inventory levels for the first eight months of 1990 were down by 2 percent, in contrast to a 4-percent increase for the same period a year ago, Nielsen research shows.
		Their rate of turn was up 5 percent to give them an annual turn on toiletries of 9.9 times a year.
		This is the first time they have been as efficient as food stores in managing their H&BA inventories, and if the trend continues, they may even be able to outdo food stores next year, and that, considering the traffic food stores generate, would be quite an accomplishment.
	www.findarticles.com /p/articles/mi_m3374/is_n22_v12/ai_9290974

	Inventory Turns
		Inventory Turns is the number of times you would replace your entire inventory at your current sales level during the course of a year.
		Inventory Turns = Average Weekly Sale x 52 (number of weeks in the year) / current Inventory
		It is an important guide for managing inventory level.
	matcotools.com /extranet/training/courses/course8/Inventory_Turns.htm

	Inventory Management - Prophet 21 Distribution Software
		Turns will easily generate a detailed report, showing who bought what, saving you many hours each time you are asked to provide this information.
		Turns multi-bin inventory module provides the means to store and manage inventory items in multiple stock (bin) locations.
		Turns provides many tools to help improve inventory availability and increase movement.
	www.p21.com /turns/inventory-management.html

	PRTM: Press Release
		Inventory turns for US companies increased to an overall average of 5.4 per year in 1998, up from 4.8 turns in 1997.
		Inventory as a percent of revenue remained steady for Japan and the US in 1997 and 1998, with Japan at 14.7% and the US at 11%.
		Bargman expects improved inventory performance in Europe will be driven by even greater operational efficiency through the wave of mergers and acquisitions, the entry of major non-European players, and the cost transparency brought by the Euro.
	www.prtm.com /pressreleases/2000/02.29.asp

	Inventory Turns .com
		Inventory Turns or Inventory Turnover is the number of times that a companies inventory cycles or turns over per year.
		Inventory turns are one of the ways to view how efficiently a company manages their inventory.
		The Inventory Turns Calculation: A frequently used method is to divide the Annual Cost of Sales by the Average Inventory Level.
	www.inventoryturns.com

	Glossary of Terms related to Inventory Managment, Warehouse Operations, Manufacturing,
		Generally describes inventory that is currently being processed in an operation, or inventory that has been processed through one operation and are awaiting another operation.
		WIP is actually an inventory account that represents the value of materials, labor, and overhead that has been issued to manufacturing but has not yet produced a stockable item.
		Inventory that is in the possession of the customer, but is still owned by the supplier.
	www.inventoryops.com /dictionary.htm

	Business Topics
		Inventory turns increase to six, since you’re still buying two loads each time.
		Look at this transaction from the inventory turns perspective.
		Initially, you were turning your $4,000 investment 12 times by buying and selling one-half truckload each month.
	www.metalcenternews.com /2004/August/mcn0408bt.htm

	BookWeb: ABACUS 1998 Excerpts: Inventory Turns by Analytic Variable
		Average inventory turnover for all independent booksellers was 2.7 turns in fiscal 1996.
		Inventory turnover represents an estimate of the number of times a bookseller’s total stock is sold (or turned over) during the course of a year and is calculated by dividing cost of goods sold by average monthly inventory (at cost).
		ABACUS independents experienced higher average inventory turnover than all independents (3.2 vs. 2.7).
	www.bookweb.org /research/abacus/99.html

	LANL Inventory Turns Up Discrepancies
		The lab announced in a statement Tuesday that nine floppy disks and one large-capacity storage disk could not be accounted for during a recent inventory.
		The lab said the owner of the disk recalls ordering the destruction of several such disks prior to moving to a new secure facility but there is no record confirming the disk was destroyed.
		That inventory discovered eight more disks were unaccounted for, lab officials said.
	www.nukewatch.org /media2/postData.php?id=605

	Turnover Ratios - Inventory Turnover
		This ratio is also known as Inventory Turns.
		Inventory Turnover is calculated by dividing the cost of goods sold by the average inventory during the period.
		Average inventory is estimated by adding beginning inventory and ending inventory, then dividing the sum by two.
	www.unb.ca /web/jhsc/TME_courses/tme3013/ratios/m3s1-30.htm

	Andoniadis Retail Services - Museum Stores Profitable Times Newsletter - Inventory Turns
		Don't use an inventory taken when the stock on hand is extremely low, which will result in an inaccurate, high number of turns, and don't discount your performance by using a large inventory number resulting in a low number of turns.
		The turns of individual items, different product categories, products at various price levels, and the store as a whole can be compared to each other and to their own historical record.
		If the turns are too low however, too much capital is being tied up in inventory and the store may be short of cash that can be used to buy newer product.
	www.andoniadis.com /museum/articles/articles8.shtml

	Improve Cash Flow ... Inventory Turns.
		Inventory turns are not only a measure of a manufacturer’s operating efficiency, but also of its financial health.
		Inventory Turns: The rate at which materials are converted into sold goods.
		Average inventory falls dramatically, inventory turns are multiplied.
	www.factorylogic.com /Newsletter/Inventory_7_30.htm

	Inventory Turns
		Your new article about inventory turns or inventory will be posted on this web site after we have had a chance to review it by our editorial board.
		An excellent way to drive people to your inventory site is to write an article about inventory turns and we'll gladly publish it on this website, complete with visible links to your inventory themed web site.
		At the time of publication of your article about inventory turns we will also publish details about you and your articles in our Authors directory.
	www.all-inventory-management.info /inventory_turns.html

	ERP Inventory Turns
		The objectives of end-to-end supply chain visibility are better plans, better service, increased inventory turns, and higher profit margins, where MBN might answer only some of these requirements at this stage.
		As tagged inventory goes through ports, terminals, freight forwarders, and into a distribution center, the RFID tag should provide near real-time visibility of an item's whereabouts at all times.
		You have someone controlling millions of dollars of inventory that could not tell you the last time they attended a course or read a book about inventory control.
	www.scm-comparison.com /researchit/ERP_Inventory_Turns

	Inventory Software Directory - Find Inventory Management Software
		Almyta Control System is a Windows-based, multi-user inventory software application designed to handle every aspect of inventory management, providing the ability to track each step in the inventory life cycle from the time you create a purchase order for your supplier to the moment you ship out the product to your customer.
		VALOGIX® Inventory Planner is a next generation inventory forecasting and planning tool that will forever change the way you plan your inventory.
		VALOGIX Inventory Planner determines which items to stock, which items to order, and which items are excess or overstocked.
	www.thesoftwarenetwork.com /Inventory-Management-Software

	As the Inventory Turns [Fool.com: Motley Fool Take] March 7, 2005
		As past Fool articles have detailed, inventory turns make for a useful measure because they track the number of times a company sells out its entire stock in a given time period.
		One measure of whether it's getting the job done is inventory turns, and since management is targeting that metric for improvement in 2005, now seems like a good time to take a closer look at it.
		Last year, the company managed to boost inventory turns to 2.79 from 2.70.
	www.fool.com /News/mft/2005/mft05030709.htm

	Inventory Management Report: New study finds finished goods inventory turns lag that of RM & WIP.
		Inventory Management Report: New study finds finished goods inventory turns lag that of RM and WIP.
		U.S. companies have generally succeeded in reducing their total inventory requirements and increasing their turns of total inventories during the past 23 years.
		On the surface it would appear that while total inventories have trended upward during the past quarter of a century, their growth rate has not kept up with the increase in total sales.
	www.findarticles.com /p/articles/mi_go2480/is_200405/ai_n6426410

	Inventory Turns Formula Software - Software, Hardware, Services and Research Papers Search Results for Inventory Turns Formula Software - InfoWorld Product Finder
		These targets include: 6% reduction in production costs; 20% increase in inventory turns; Service Call Rates decline in double digits (a quality assurance factor); 95%+ schedule adherence; and, 99%+ Takt Time.
		Maytag Inventory Turns Nearly Double by Jada Management Systems LLC.
		With data and inventory accuracy both improved, mistakes can be reduced to an absolute minimum.
	productfinder.infoworld.com /search/keyword/infoworld/Inventory%20Turns%20Formula%20Software/Inventory%20Turns%20Formula%20Software

	Low Inventory Turns Consume Small Manufacturers' Working Capital : Business News Onlypunjab.com- Onlypunjab.com Latest News
		But this consumes a company's working capital, reducing its annual inventory turns - the standard metric by which the performance of the inventory manager is measured - and reduces profitability.
		One of the greatest wastes of a manufacturer's resources is in the inventory department.
		The penalties for stock outs are, in the short run, much greater than the penalties for carrying the extra inventory.
	www.onlypunjab.com /fullstory0105-insight-Low+Inventory+Turns+Consume+Small-status-25-newsID-3913.html

	Atlantic Fasteners - Services - Reports - Inventory analysis
		For bar code inventory managed accounts, the "Inventory Analysis Master Summary" shows your purchases, inventory turns and value by department and point-of-use locations.
		Inventory turns = Purchase value ÷ inventory value
		Detail for the report comes from the Inventory Analysis Detail - by Dept. and Point-of-use location report.
	www.atlanticfasteners.com /services/reports/inv_anal.html

	Visible Inventory, Inc.
		Visible Inventory's solutions help organizations eliminate costly shortages, maximize inventory turns, and decrease labor costs associated with cycle counting.
		Visible Inventory is the quickest and simplest path to real-time lean practices.
		Visible Inventory's solutions supply unprecedented visibility about a supply chain thereby minimizing on-hand inventory and the manpower to deal with that inventory.
	www.visibleinventory.com

	Results for 'Inventory Turns'
		Inventory) questionnaires which are by now ‘de-facto’ standards in their respective areas.
		inventory of things that are" is not my definition, but is a definition of ontology that...
		inventory is polled), or performing a reset on the device.
	odysseus.ieee.org /ieeesearch/query.html?qt=Inventory+Turns

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