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Bionoid Pharma (Bionoid Pharma) Inventory Turnover : 0.00 (As of Mar. 2011)


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What is Bionoid Pharma 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. Bionoid Pharma's Cost of Goods Sold for the three months ended in Mar. 2011 was $0.10 Mil. Bionoid Pharma's Average Total Inventories for the quarter that ended in Mar. 2011 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bionoid Pharma's Days Inventory for the three months ended in Mar. 2011 was 0.00.

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.

Bionoid Pharma Inventory Turnover Historical Data

The historical data trend for Bionoid Pharma'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.

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Bionoid Pharma Inventory Turnover Chart

Bionoid Pharma Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10
Inventory Turnover
- - - - -

Bionoid Pharma Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Bionoid Pharma Inventory Turnover Calculation

Bionoid Pharma's Inventory Turnover for the fiscal year that ended in Dec. 2010 is calculated as

Inventory Turnover (A: Dec. 2010 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2010 ) / ((Total Inventories (A: Dec. 2009 ) + Total Inventories (A: Dec. 2010 )) / count )
=0.252 / ((0 + 0) / 1 )
=0.252 / 0
=N/A

Bionoid Pharma's Inventory Turnover for the quarter that ended in Mar. 2011 is calculated as

Inventory Turnover (Q: Mar. 2011 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2011 ) / ((Total Inventories (Q: Dec. 2010 ) + Total Inventories (Q: Mar. 2011 )) / count )
=0.098 / ((0 + 0) / 1 )
=0.098 / 0
=N/A

* 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.

Bionoid Pharma  (OTCPK:BINP) 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.

Bionoid Pharma's Days Inventory for the three months ended in Mar. 2011 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2011 )/Cost of Goods Sold (Q: Mar. 2011 )*Days in Period
=0/0.098*365 / 4
=0.00

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.

Bionoid Pharma's Inventory to Revenue for the quarter that ended in Mar. 2011 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2011 ) / Revenue (Q: Mar. 2011 )
=0 / 0
=

* 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.

Bionoid Pharma Inventory Turnover Related Terms

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Bionoid Pharma (Bionoid Pharma) Business Description

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Traded in Other Exchanges
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Address
433 N Camden Dr, Beverly Hills, CA, USA, 90210
Website
https://www.bionoidpharma.com
Bionoid Pharma Inc is a cannabis company that cultivates, extracts, tests, and distributes organic hemp, cannabinoid, and related products. Its products aid in decreasing pain, improving recovery time, enhancing performance, and enhance physical well-being.