MANUFACTURING AND TRADE INVENTORIES AND SALES
June 2008 Sales.
The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’ shipments for June, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,212.4 billion, up 1.7 percent (±0.2%) from May 2008 and up 9.2 percent (±0.4%) from June 2007.
Inventories. Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,489.5 billion, up 0.7 percent (±0.1%) from May 2008 and up 5.6 percent (±0.4%) from June 2007.
June 2008 Sales.
The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’ shipments for June, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,212.4 billion, up 1.7 percent (±0.2%) from May 2008 and up 9.2 percent (±0.4%) from June 2007.
Inventories. Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,489.5 billion, up 0.7 percent (±0.1%) from May 2008 and up 5.6 percent (±0.4%) from June 2007.
An increasing Inventory to Sales ratio is generally a negative sign, showing the company may be having trouble keeping inventory down and/or Net Sales have slowed, and can sometimes indicate larger financial problems the company may be facing. Viewing this ratio over several periods reveals the important aspect of the company's ability to manage inventory while attempting to increase sales. It is also important to compare this ratio among several companies to gauge how well each one performs, and to compare their ratios to industry averages.
No comments:
Post a Comment