Blue Sphere (Blue Sphere) Inventory Turnover : 0.98 (As of Dec. 2018)

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What is Blue Sphere 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. Blue Sphere's Cost of Goods Sold for the three months ended in Dec. 2018 was $2.28 Mil. Blue Sphere's Average Total Inventories for the quarter that ended in Dec. 2018 was $2.33 Mil. Blue Sphere's Inventory Turnover for the quarter that ended in Dec. 2018 was 0.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Blue Sphere's Days Inventory for the three months ended in Dec. 2018 was 93.46.

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. Blue Sphere's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 0.83.

Blue Sphere Inventory Turnover Historical Data

The historical data trend for Blue Sphere'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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Blue Sphere Inventory Turnover Chart

Blue Sphere Annual Data

Trend

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Dec16

Dec17

Dec18

Inventory Turnover

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1.12

4.45

Blue Sphere Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Inventory Turnover	Get a 7-Day Free Trial															0.67	1.35	2.01	1.43	0.98

Blue Sphere Inventory Turnover Calculation

Blue Sphere's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Inventory Turnover (A: Dec. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2018 )	/ (	(Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )
=	9.079	/ (	(1.989	+	2.093)	/	2 )
=	9.079	/	2.041
=	4.45

Blue Sphere's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

	Inventory Turnover (Q: Dec. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2018 )	/ (	(Total Inventories (Q: Sep. 2018 )	+	Total Inventories (Q: Dec. 2018 ))	/	count )
=	2.276	/ (	(2.569	+	2.093)	/	2 )
=	2.276	/	2.331
=	0.98

Blue Sphere (GREY:BLSP) 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.

Blue Sphere's Days Inventory for the three months ended in Dec. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2018 )	/	Cost of Goods Sold (Q: Dec. 2018 )	*	Days in Period
	=	2.331	/	2.276	*	365 / 4
	=	93.46

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.

Blue Sphere's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2018 )	/	Revenue (Q: Dec. 2018 )
	=	2.331	/	2.812
	=	0.83

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.

Blue Sphere Inventory Turnover Related Terms

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Blue Sphere (Blue Sphere) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Blue Sphere Corp (GREY:BLSP) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

301 McCullough Drive, 4th Floor, Charlotte, NC, USA, 28262

Website

http://www.bluespherecorporate.com

Blue Sphere Corp is an international clean-tech independent power producer that develops, owns and manages waste-to-energy facilities. It focuses on developing or acquiring projects with clean energy technologies, including waste-to-energy facilities that generate clean energy, such as electricity, natural gas, heat, soil amendment and other by-products. Geographically operates the project in the region of United States, Italy, and Israel.

Executives

Yosef Keret	officer: Chief Financial Officer	4 YEHOSHUA BEN NOON ST., HOD HASHARON L3 4523602
Ran Daniel	officer: Chief Financial Officer	101 WEST 90TH STREET, NEW YORK NY 10024
Lyron L Bentovim	other: Former Director	60 CUTTER MILL ROAD, GREAT NECK, NEW YORK NY 11021
Lazarus Israel Opportunities Fund Lllp	10 percent owner	C/O IBEX GP LLC, 260 NORTH JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Lazarus Investment Partners Lllp	10 percent owner	C/O IBEX INVESTORS LLC, 260 NORTH JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Justin B Borus	10 percent owner	260 N. JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Lazarus Management Co Llc	10 percent owner	260 N. JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Dr Borenstein Ltd	10 percent owner	18 REINES ST, TEL AVIV L3 00000
Alex Weber	officer: Chief Financial Officer	POB - 961, NARKIS 2, KOHAV YAIR L3 44864