Fastest Inventory Turnover: Apple Ranks First, At Five Days!

What do Apple, Amazon, McDonald's, Dell, P&G, Coca-Cola, Pepsi, Samsung, HP and Nike, among others, all have in common?

Simple: They are all among the top 25 companies in the world when it comes to overturning their inventories - or how fast they sell everything that they make! As AppleInsider reports:

" ..... Apple has an inventory turn metric of 74, which means that the iPad maker turns over its entire inventory once every five days, a staggering number for a consumer electronics company."

Dang-tooting that's a staggering number, if not an absolute mind-blowing one. Mind you, MacDonald's has a higher inventory turn metric of 142.4, but you have to remember that there is a big difference between a hamburger, milk shake, fries, etc., than a smartphone, tablet, desktop, mpg player, etc., and especially when you compare the cost of each.

The only tech companies, out of the top 25, plus their overall inventory ranks, are listed as follows:

  1 - Apple
  4 - Dell
  7 - Intel
  8 - Cisco
13 - Samsung
19 - RIM
24 - HP

Wow, in conclusion, I find it rather hard to believe that Apple, with its high-priced gizmos, would or could actually beat the likes of McDonald's, Coca-Cola, Pepsi or mighty Walmart when it comes to completely overturning their inventory! People need to eat, drink and buy clothes and what have you, but Apple's gear, as nice as they are, are not exactly what I would call essential to life-and-limb such as food, shelter, etc. are, and especially considering the economic turmoil the world is going through these days just makes Apple's high inventory turnover all the more impressive indeed.




And that's my 2 cents 4 this rather pleasant Friday, May 31, 2012

Chart via Appleinsider; source: Gartner

Site-4-The-Day: EngineerGuy Videos

Several days ago I saw the cool video above of how Apple actually uses rust, of all things, to make its products more rustproof via Gizmodo, and again later today on Engadget.

Well, to my surprise this video was only the beginning of a whole series of cool and interesting tech videos that help make the complex world of high tech not so complicated  for us non engineering types, and therefore it's my site-4-the-day: EngineerGuyVideos, a YouTube video channel. And, oh, and by the way, he does it all in a most entertaining way to boot.

The author of these entertaining and educational tech videos is none other than Bill Hammack, and you can also catch him and his cool tech videos either on his homepage or on his YouTube channel where he has already garnered a whopping 58,613 subscriber's and an also very impressive 4,617,982 views.  EngineerGuy states that he: "features all the engineering details of all the stuff you wanna know about."  As he has noted on his site, others have described him and his videos  this way:

"Make called Bill a "brilliant science-and-technology documentarian", whose "videos should be held up as models of how to present complex technical information visually" Wired called them "dazzling." Scientific American's blog called him a "smart, easygoing everyman with a firm understanding of the science." You can see 10 of his best videos below. He takes apart an LCD monitor, demonstrates how fiber optic cables work, rips up a hard drive, explains the wonder of a quartz wrist watch, solves the mystery of black boxes, blows up a light bulb filament, reveals how amazing a pop can tab truely is, shows why a cell phone looks like it does, and explains why you always seem to be in the slowest line.
Bill's New Book is Out! Click on the cover for details ... available paperbound, hardcover & on all major ebook platforms."

Well, there you go, another amazing and very entertaining site-4-the-day, EngineerGuy, and what a cool guy he is, so be sure to check Bill out and start learning all about the neat stuff of all of the good stuff that you love today.





And that's my 2 cents 4 this Thursday, May 31, 2012