12/21/2023 0 Comments Turnover formula![]() Inventory Turns for Finished Goods and Raw Materials That’s because the unit cost of an item can change throughout the year as pricing changes with your suppliers. You may be wondering why I use accounting information for this formula instead of just cancelling out the cost per unit from the formula and calculating turns as /. Let’s use the cost on the screen as our end of year value and calculate our inventory turns for the year in question. We then add up the inventory cost of all of our items to get the total cost of our inventory. In the table shown, we see that we calculate the inventory cost for each item we carry by multiplying the by the. This leaves us with the following COGS for our inventory turns formula. Therefore, I would include inbound freight and labour costs in the COGS value in my inventory turn calculation. The cost of freight in and labour does relate to the speed of selling inventory since the more we sell, the more labour we need to keep producing inventory and the more we would be paying inbound freight to replenish our raw materials. If the company made adjustments to the value of inventory, those adjustments are in no way related to measuring selling speed, so I would not include those in the COGS value when calculating inventory turns. We are measuring the speed of selling inventory. This is where we need to use logic to make a decision. We can also see what we paid for inbound freight and what we paid for labour, i.e., the wages for personnel creating our finished goods inventory. Looking at the descriptions of the highlighted general ledger codes, we can see that many of them are adjustments to the value of inventory for a variety of reasons. These categories are not linked to specific sales transactions. The difference between these two sets of numbers is that information from the accounting records includes additional general ledger categories that are highlighted in yellow. What’s the difference between these two representations of the COGS? Which one is better if we want to correctly interpret the speed at which our inventory sells and even more importantly, correctly interpret changes in the speed at which our inventory sells? These records yield the costs listed in the column called, “From Product Sales.” You then extract sales records from your company database, including the cost of each sale. They show you the values in the column called, “From Accounting.” This is a list of general ledger account numbers that are part of the company’s overall COGS which is reported on its financial statements. Suppose you go to your company accountant and ask them for details on the COGS calculation. While the formula looks simple, there are a few important details you need to know about when determining the values for the cost of goods sold (COGS) and inventory for this formula. My focus is on helping clients with inventory and operational analytics, so I’m going use the second formula for the rest of this explanation. That means their focus is on unit quantities and not selling price. Since supply chain professionals use this metric to measure how well they manage inventory, their interest lies in the speed at which product is shipped out to customers. The finance department tends to like the first formula, whereas supply chain professionals like the second formula. The second formula does not relate in any way to price. The difference between these two formulas is that the first one, since it contains sales, has a price component built in. ![]() In both cases, the values put into these formulas are in dollars, Euros, pounds or whatever the base currency is for your company. When I create real-time dashboards for clients, I also like to display inventory turns based on the last 365 days so clients can see if they’re improving their inventory management without having to wait for the end of the next quarter or end of the next year to find that out. Most companies measure inventory turns on an annual or quarterly basis. So, the number of inventory turns tells us how many times we sold through our inventory in a given period of time. What do we mean when we reference an inventory turn? What did we actually turn our inventory into? We sold it and turned it into revenue. I’m going to call it inventory turns throughout this explanation. This metric goes by several names, so don’t worry if you hear multiple references. Measuring how fast you sell through your inventory is a key measurement of inventory management performance.
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A way to uninstall CyberLink PowerDirector 14 from your computerCyberLink PowerDirector 14 is a Windows application. 12/21/2023 0 Comments Digikam without database![]() Select the MySQL item from the Type drop-down list. I had to hand-edit digikamrc and the sqlite database to allow digikam to start up without a database not found error, and then to find the moved albums. to host image thumbs using wavelets compression images (PGF format). Thumbnails database for compressed thumbnails i.e. it hosts all albums, images and searches data. For convenience, it is broadly categorized in three: Core database for all collection properties, i.e. Part 1 (this page) discusses how image metadata can get really messy and how to use Exiftool to clean up. Most KDE programs allow this without hacking Digikam records the path to the database absolutely in digikamrc and the paths to the albums in the AlbumRoots table of its database. The digiKam actually manages more than one databases. This two-part article on digital asset management was prompted by the realization that the metadata in my collection of digital image files was in a sad state. If you’ve just installed digiKam, and you haven’t yet added any collection to it, choose Settings -> Configure digiKam, and switch to the Database section. Digital Asset Management using digiKam and Exiftool: cleaning up messy metadata. There are two ways to switch digiKam from SQLite to MySQL. Everyone knows about database, it is used to store data. And before you proceed, note the database connection information such as MySQL server address, user name, and password - you’ll need it when configuring MySQL settings in digiKam. You also have to create two MySQL databases: one for storing photo metadata (e.g., digikam) and the other for storing thumbnails (e.g., thumbnails-digikam). Obviously, to use digiKam with MySQL, you need a MySQL server. You can also use MySQL tools to back up and analyze digiKam’s data. Now you open the migration and >run it, restart digiKam and you're done. Done, tables are created >and you have an empty digiKam albums view. >asked about a collection, enter an empty folder. The right way is to set up MySQL in digiKam setup. First off, you should check the integrity of both databases using the following commands: sqlite3 -line digikam4.db 'pragma integritycheck ' sqlite3 -line thumbnails-digikam. >empty digiKam database because the existing tables, triggers, indexes etc. This way, you can use multiple digiKam installations (e.g., on your notebook and desktop machine) to access and manage your photo collections. Open then the terminal and switch to the directory where the databases are stored. Of course, you might wonder why you’d want to switch to MySQL when SQLite already does a good job of managing the data? Using MySQL as digiKam’s database back-end allows you to store the data on a remote server. But the photo management application also provides support for the popular MySQL database engine, and it comes with a database migration tool that can help you to move your data from SQLite to MySQL. 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Players fight to survive as they try and escape, but Selene is also is revived after every death as part of a Groundhog Day-type time loop. The entire planet is in constant flux, so environments are always evolving. Returnal follows a woman named Selene after she crash-lands on an alien planet called Atropos that houses an ancient civilization. ![]() That will also be reflected in the game's price, as it will cost $69.99 new. It'll be one of the first true PS5 exclusives following Astro's Playroom, Demon's Souls, and the February release of Destruction All-Stars.Īccording to the game's official store page, it will take advantage of PS5 exclusive features like haptic feedback, adaptive triggers, and 3D audio to make fighting enemies more satisfying. The game is published by Sony Interactive Entertainment and isn't a cross-gen game like Marvel's Spider-Man: Miles Morales. If you want to see even more of the game, you can check out the reveal trailer that was released during June's PS5 showcase, which more heavily focuses on the story and cinematics: Which platforms will Returnal be playable on? The combat resembles Mass Effect to an extent, but it's much more dynamic and fast-paced. This article and all its content is registered by Safe Creative with registration code 2207071534665, all rights reserved.The protagonist crash-lands on the planet of Atropos and utilizes alien technology and is caught in some kind of time loop. If memory serves, this would be the first port of an exclusive PS5 game for PC, which if Ryan’s words are true, we could enjoy a larger catalog of PS5 exclusives on PC in the future. ![]() However, in a recent presentation to investors Jim Ryan, CEO of Sony Interactive Entertainment stated that the company is trying to expand its presence in PC and smartphone games. In the case of Returnal, we know that it has been released for just over a year, so we can say that it is relatively early to say a date. This leaves us with a time frame of between 2-4 years (eliminating the Uncharted case) for the transition from PlayStation 4 exclusive to PC. Uncharted: Legacy of Thieves Collection has been on PS4 since 2016/2017 and on PC we assume it will be released on June 20, 2022. Horizon Zero Dawn launched in February 2017 for PS4 and arrived in August 2020 for PC. God of War came out for PS4 in April 2018 and the PC port was in January 2022.ĭays Gone released in April 2019 for PS4 and arrived in May 2021 for PC. Taking into account the history of ports of exclusive games of the previous generation : However, not everything would be so beautiful and we do not know anything about the date on which this port would be released for PC. In addition, it triumphed at the 18th edition of the BAFTA Games Awards becoming the most awarded game of that show. Although Returnal did not achieve the sales of the popular triple AAA, it sold 560,000 copies 3 months later, in July 2021. The game went on sale for PS5 on Apand just 2 months later, Housemarque, the company that created it, was acquired by PlayStation. With this synopsis, the game combines elements of the roguelike genre (because with each death you resurrect and start over), with touches of psychological horror due to the story itself and Lovecraftian scenarios and, to this, we would add a combat typical of a bullet hell. This takes place on an alien planet called Atropos, where the protagonist, Selene, is unable to die permanently. Returnal is a third-person shooter game developed by the Finnish studio Housemarque. On the other hand, it is a game that has received very good reviews on platforms such as Metacritic, currently with an 86/100 Metascore and already a lower 73/100 user rating. 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