Vortex Brands Co (Vortex Brands Co) Inventory Turnover : 0.00 (As of Jun. 2007)

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What is Vortex Brands Co 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. Vortex Brands Co's Cost of Goods Sold for the six months ended in Jun. 2007 was $0.00 Mil. Vortex Brands Co's Average Total Inventories for the quarter that ended in Jun. 2007 was $0.00 Mil.

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

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.

Vortex Brands Co Inventory Turnover Historical Data

The historical data trend for Vortex Brands Co'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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Vortex Brands Co Inventory Turnover Chart

Vortex Brands Co Annual Data

Trend

Jun05

Jun06

Jun07

Inventory Turnover

Vortex Brands Co Semi-Annual Data
	Jun05	Jun06	Jun07
Inventory Turnover	-	-	-

Vortex Brands Co Inventory Turnover Calculation

Vortex Brands Co's Inventory Turnover for the fiscal year that ended in Jun. 2007 is calculated as

	Inventory Turnover (A: Jun. 2007 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2007 )	/ (	(Total Inventories (A: Jun. 2006 )	+	Total Inventories (A: Jun. 2007 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Vortex Brands Co's Inventory Turnover for the quarter that ended in Jun. 2007 is calculated as

	Inventory Turnover (Q: Jun. 2007 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2007 )	/ (	(Total Inventories (Q: Jun. 2006 )	+	Total Inventories (Q: Jun. 2007 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Vortex Brands Co (OTCPK:VTXB) 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.

Vortex Brands Co's Days Inventory for the six months ended in Jun. 2007 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2007 )	/	Cost of Goods Sold (Q: Jun. 2007 )	*	Days in Period
	=	0	/	0	*	365 / 2
	=

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.

Vortex Brands Co's Inventory to Revenue for the quarter that ended in Jun. 2007 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2007 )	/	Revenue (Q: Jun. 2007 )
	=	0	/	0
	=

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.

Vortex Brands Co Inventory Turnover Related Terms

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Vortex Brands Co (Vortex Brands Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Vortex Brands Co (OTCPK:VTXB) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

3511 Del Paso Road, Suite 160 PMB 432, Sacramento, CA, USA, 95835

Website

https://www.vortexbrands.us

Vortex Brands Co has two business operations: Bitcoin Mining and Multi-purpose Phase Angle Synchronization equipment as a service to electric utilities in the United States.

Executives

Alfred M. Dube	director	950 17TH STREET, SUITE 2300, DENVER CO 80202
David Weisgerber	officer: Executive Officer	950 17TH STREET, SUITE 2300, DENVER CO 80202
James Hostetler	officer: Executive Vice President	950 17TH STREET, SUITE 2300, DENVER CO 80202
Brian D. Hughes	director, 10 percent owner	950 17TH STREET, SUITE 2300, DENVER CO 80202
Keith Reeves	officer: Vice President of Exploration	950 17TH STREET, SUITE 2300, DENVER CO 80202
Hughes Lllp Lma	10 percent owner	8400 EAST PRENTICE AVENUE, PH 1500, GREENWOOD VILLAGE CO 80111
Mohamed H. Gova	director, other: Vice Chairman	122 NORTH MAIN STREET, SHERIDAN WY 82801
Paul Stroud	director, officer: PRESIDENT & CEO	950 SEVENTEENTH STREET, SUITE 2300, DENVER CO 80202
Pierre Besuchet	director	29 QUAI DES BERGUES, GENEVA V8 1201
Al Fahim Abdul Majeed Ismail	director	950 17TH STREET, SUITE 2300, DENVER CO 80202