Tri-Tech Holding (FRA:TTW) Inventory Turnover

: 0.49 (As of Dec. 2013)

View and export this data going back to . Start your Free Trial

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. Tri-Tech Holding's Cost of Goods Sold for the three months ended in Dec. 2013 was €3.63 Mil. Tri-Tech Holding's Average Total Inventories for the quarter that ended in Dec. 2013 was €7.46 Mil. Tri-Tech Holding's Inventory Turnover for the quarter that ended in Dec. 2013 was 0.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tri-Tech Holding's Days Inventory for the three months ended in Dec. 2013 was 187.41.

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. Tri-Tech Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2013 was 2.14.

Tri-Tech Holding Inventory Turnover Historical Data

The historical data trend for Tri-Tech Holding'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.

* Premium members only.

Tri-Tech Holding Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Inventory Turnover

7.87

9.44

5.89

3.79

1.35

Tri-Tech Holding Quarterly Data
	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Dec14
Inventory Turnover																0.90	1.25	0.60	0.49	-

Tri-Tech Holding Inventory Turnover Calculation

Tri-Tech Holding's Inventory Turnover for the fiscal year that ended in Dec. 2014 is calculated as

	Inventory Turnover (A: Dec. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2014 )	/ (	(Total Inventories (A: Dec. 2013 )	+	Total Inventories (A: Dec. 2014 ))	/	count )
=	5.615	/ (	(6.095	+	2.248)	/	2 )
=	5.615	/	4.1715
=	1.35

Tri-Tech Holding's Inventory Turnover for the quarter that ended in Dec. 2013 is calculated as

	Inventory Turnover (Q: Dec. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2013 )	/ (	(Total Inventories (Q: Sep. 2013 )	+	Total Inventories (Q: Dec. 2013 ))	/	count )
=	3.632	/ (	(8.824	+	6.095)	/	2 )
=	3.632	/	7.4595
=	0.49

Tri-Tech Holding (FRA:TTW) 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.

Tri-Tech Holding's Days Inventory for the three months ended in Dec. 2013 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2013 )	/	Cost of Goods Sold (Q: Dec. 2013 )	*	Days in Period
	=	7.4595	/	3.632	*	365 / 4
	=	187.41

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.

Tri-Tech Holding's Inventory to Revenue for the quarter that ended in Dec. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2013 )	/	Revenue (Q: Dec. 2013 )
	=	7.4595	/	3.49
	=	2.14

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.

Tri-Tech Holding Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Tri-Tech Holding's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Tri-Tech Holding (FRA:TTW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Tri-Tech Holding Inc (FRA:TTW) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.101 Jingshun Road, Floor 16, Tower B, Renji Plaza, Chaoyang District, Beijing, CHN, 100102

Website

http://www.tri-tech.cn

Tri-Tech Holding Inc provides consulting, engineering, procurement, construction, and technical services. It operates through the Water, Wastewater Treatment, and Municipal Infrastructure; and Industrial Pollution Control and Safety segments. The Water, Wastewater Treatment, and Municipal Infrastructure segment focus on the municipal water supply and distribution, wastewater treatment, and gray water recycling. The Industrial Pollution Control and Safety segment comprises of activities such as zero liquid discharge, multi-effect evaporation, multi-flash evaporation, as well as emissions control. The company serves the government, state-owned entities, and commercial clients. It has business presence across China, India, Middle East and the United States.

Tri-Tech Holding (FRA:TTW) Headlines

No Headlines