CES Synergies (CES Synergies) Inventory Turnover : 27.47 (As of Mar. 2017)

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What is CES Synergies 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. CES Synergies's Cost of Goods Sold for the three months ended in Mar. 2017 was $2.35 Mil. CES Synergies's Average Total Inventories for the quarter that ended in Mar. 2017 was $0.09 Mil. CES Synergies's Inventory Turnover for the quarter that ended in Mar. 2017 was 27.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CES Synergies's Days Inventory for the three months ended in Mar. 2017 was 3.32.

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. CES Synergies's Inventory-to-Revenue for the quarter that ended in Mar. 2017 was 0.03.

CES Synergies Inventory Turnover Historical Data

The historical data trend for CES Synergies'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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CES Synergies Inventory Turnover Chart

CES Synergies Annual Data

Trend

Mar12

Mar13

Dec14

Dec15

Dec16

Inventory Turnover

105.50

105.70

108.14

CES Synergies Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Inventory Turnover	Get a 7-Day Free Trial															19.19	20.87	19.01	19.46	27.47

CES Synergies Inventory Turnover Calculation

CES Synergies's Inventory Turnover for the fiscal year that ended in Dec. 2016 is calculated as

	Inventory Turnover (A: Dec. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2016 )	/ (	(Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2016 ))	/	count )
=	11.895	/ (	(0.134	+	0.086)	/	2 )
=	11.895	/	0.11
=	108.14

CES Synergies's Inventory Turnover for the quarter that ended in Mar. 2017 is calculated as

	Inventory Turnover (Q: Mar. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2017 )	/ (	(Total Inventories (Q: Dec. 2016 )	+	Total Inventories (Q: Mar. 2017 ))	/	count )
=	2.349	/ (	(0.086	+	0.085)	/	2 )
=	2.349	/	0.0855
=	27.47

CES Synergies (OTCPK:CESX) 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.

CES Synergies's Days Inventory for the three months ended in Mar. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2017 )	/	Cost of Goods Sold (Q: Mar. 2017 )	*	Days in Period
	=	0.0855	/	2.349	*	365 / 4
	=	3.32

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.

CES Synergies's Inventory to Revenue for the quarter that ended in Mar. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2017 )	/	Revenue (Q: Mar. 2017 )
	=	0.0855	/	3.172
	=	0.03

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.

CES Synergies Inventory Turnover Related Terms

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CES Synergies (CES Synergies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » CES Synergies Inc (OTCPK:CESX) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

39646 Fig Street, P.O. Box 1299, Crystal Springs, NV, USA, 33524

Website

http://www.cessynergies.com

CES Synergies Inc is a United States of America based company. It is engaged in providing services like asbestos and lead abatement, hazardous materials removal, mold remediation and prevention, indoor air quality and duct cleaning, interior selective demolition, underground storage tank removal, concrete crushing, and demolition and wrecking. The company operates in three business segments that are Remediation, Demolition, and Insulation. The Remediation and Demolition segment generates maximum revenue for the company.

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