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Technology Stocks : THQ,Inc. (THQI)
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To: Todd D. Wiener who wrote (7228)7/24/1998 2:24:00 PM
From: Joe Casey  Read Replies (2) of 14266
 
Todd - I thought inventory turnover is calculated by dividing cost of sales by the avg inventory. For this quarter, I get the avg inventory turnover to be about 21 times per year (13611/2599 * 4). I suppose a more accurate number could be achieved by averaging the last 4 quarters of inventory and using cumulative COGS.
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