GD Entertainment & Technology (GD Entertainment & Technology) Days Inventory : 2.70 (As of Feb. 2006)

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What is GD Entertainment & Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GD Entertainment & Technology's Average Total Inventories for the three months ended in Feb. 2006 was $0.02 Mil. GD Entertainment & Technology's Cost of Goods Sold for the three months ended in Feb. 2006 was $0.51 Mil. Hence, GD Entertainment & Technology's Days Inventory for the three months ended in Feb. 2006 was 2.70.

The historical rank and industry rank for GD Entertainment & Technology's Days Inventory or its related term are showing as below:

GDET's Days Inventory is not ranked ^*
in the Personal Services industry.
Industry Median: 16.31
* Ranked among companies with meaningful Days Inventory only.

GD Entertainment & Technology's Days Inventory declined from Feb. 2005 (14.31) to Feb. 2006 (2.70).

Inventory Turnover measures how fast the company turns over its inventory within a year. GD Entertainment & Technology's Inventory Turnover for the three months ended in Feb. 2006 was 33.80.

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. GD Entertainment & Technology's Inventory-to-Revenue for the three months ended in Feb. 2006 was 0.02.

GD Entertainment & Technology Days Inventory Historical Data

The historical data trend for GD Entertainment & Technology'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.

GD Entertainment & Technology Days Inventory Chart

GD Entertainment & Technology Annual Data

Trend

May01

May04

May05

Days Inventory

15.99

14.57

16.64

GD Entertainment & Technology Quarterly Data
	May01	Aug01	Nov01	Feb02	Aug04	Nov04	Feb05	May05	Aug05	Nov05	Feb06
Days Inventory	Get a 7-Day Free Trial						14.31	-	21.01	19.24	2.70

Competitive Comparison of GD Entertainment & Technology's Days Inventory

For the Personal Services subindustry, GD Entertainment & Technology'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.

GD Entertainment & Technology's Days Inventory Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, GD Entertainment & Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where GD Entertainment & Technology's Days Inventory falls into.

GD Entertainment & Technology Days Inventory Calculation

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

GD Entertainment & Technology's Days Inventory for the fiscal year that ended in May. 2005 is calculated as

	Days Inventory (A: May. 2005 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: May. 2004 )	+	Total Inventories (A: May. 2005 ))	/	count )	/	Cost of Goods Sold (A: May. 2005 )	*	Days in Period
=	( (0.014	+	0.016)	/	2 )	/	0.329	*	365
=	0.015					/	0.329	*	365
=	16.64

GD Entertainment & Technology's Days Inventory for the quarter that ended in Feb. 2006 is calculated as:

	Days Inventory (Q: Feb. 2006 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Nov. 2005 )	+	Total Inventories (Q: Feb. 2006 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2006 )	*	Days in Period
=	( (0.016	+	0.014)	/	2 )	/	0.507	*	365 / 4
=	0.015					/	0.507	*	365 / 4
=	2.70

GD Entertainment & Technology (OTCPK:GDET) 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.

GD Entertainment & Technology's Inventory Turnover for the three months ended in Feb. 2006 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.507	/	0.015
	=	33.80

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.

GD Entertainment & Technology's Inventory to Revenue for the three months ended in Feb. 2006 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.015	/	0.682
	=	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.

GD Entertainment & Technology Days Inventory Related Terms

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

GD Entertainment & Technology (GD Entertainment & Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » GD Entertainment & Technology Inc (OTCPK:GDET) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

1 Bridge Plaza, 2nd Floor, Fort Lee, NJ, USA, 07024

Website

https://gdet.co

GD Entertainment & Technology Inc focuses on high growth industries. The company currently has one operating subsidiary, DreamCard, a high-end metal card that personalizes debit and credit cards for a fee which allows users to create a customizable debit or credit card using its online platform. It also customizes Specialty Cards for Customer Loyalty and Affinity Networks. It simply takes an existing debit or credit card and transfers its data and chip into a new metal, 24karat or Stainless Steel card of the cardholders design and ships it to the holder. GDET markets to the business enterprises that promote commerce to members with a VIP card. Casinos and Affinity Networks form the base of company consumers.