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ERF Wireless (ERF Wireless) Change In Inventory : $0.04 Mil (TTM As of Sep. 2014)


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What is ERF Wireless Change In Inventory?

ERF Wireless's change in inventory for the quarter that ended in Sep. 2014 was $-0.01 Mil. It means ERF Wireless's inventory increased by $0.01 Mil from Jun. 2014 to Sep. 2014 .

ERF Wireless's change in inventory for the fiscal year that ended in Dec. 2013 was $0.11 Mil. It means ERF Wireless's inventory declined by $0.11 Mil from Dec. 2012 to Dec. 2013 .

ERF Wireless's Total Inventories for the quarter that ended in Sep. 2014 was $0.27 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ERF Wireless's Days Inventory for the quarter that ended in Sep. 2014 was 24.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. ERF Wireless's Inventory Turnover for the quarter that ended in Sep. 2014 was 3.80.

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. ERF Wireless's Inventory-to-Revenue for the quarter that ended in Sep. 2014 was 0.19.

ERF Wireless Change In Inventory Historical Data

The historical data trend for ERF Wireless's Change In Inventory 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.

* Premium members only.

ERF Wireless Change In Inventory Chart

ERF Wireless Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -0.03 -0.16 -0.02 0.11

ERF Wireless Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.05 0.01 -0.01 -0.01

ERF Wireless Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.04 Mil.

* 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.

ERF Wireless  (OTCPK:ERFB) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

ERF Wireless's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.2655/1.009*365 / 4
=24.01

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

ERF Wireless's Inventory Turnover for the quarter that ended in Sep. 2014 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1.009 / 0.2655
=3.80

3. 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.

ERF Wireless's Inventory to Revenue for the quarter that ended in Sep. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.2655 / 1.362
=0.19

* 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.

ERF Wireless Change In Inventory Related Terms

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ERF Wireless (ERF Wireless) Business Description

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XCNQ:NUR TCCO VISL BOM:532376 SGX:AZG OSTO:EFFP ROCO:5240 ABIL JSE:ELI OSTO:HDW B OSTO:WAYS XTER:TLI AMPG LSE:STAR XKLS:0102 OHEL:NORDID TSXV:YTY TSXV:LTE BDR BOM:517258
Traded in Other Exchanges
N/A
Address
13500 Noel Road, Suite 436, Dallas, TX, USA, 75240
Website
http://www.erfwireless.com
ERF Wireless Inc provides critical infrastructure wireless broadband communications products and services to a broad spectrum of customers in primarily rural oil and gas exploration. It also provides high-quality broadband services and critical communications services to residential, oil and gas, educational, healthcare, and regional banks in rural areas utilizing. As a total comprehensive solutions provider, the group offers a wide array of critical communications services, including high-speed broadband, voice over Internet Protocol (VOIP) telephone and facsimile service, and video security. The business activities generally function in the areas of North America.