>
Switch to:

Emeco Holdings Inventory Turnover

: 4.68 (As of Jun. 2021)
View and export this data going back to 2013. 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. Emeco Holdings's Cost of Goods Sold for the six months ended in Jun. 2021 was $62.6 Mil. Emeco Holdings's Total Inventories for the quarter that ended in Jun. 2021 was $13.4 Mil. Emeco Holdings's Inventory Turnover for the quarter that ended in Jun. 2021 was 4.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Emeco Holdings's Days Inventory for the six months ended in Jun. 2021 was 39.03.

Total Inventories can be measured by Days Sales of Inventory (DSI). Emeco Holdings's days sales of inventory (DSI) for the six months ended in Jun. 2021 was 9.93.

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. Emeco Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 0.05.


Emeco Holdings Inventory Turnover Historical Data

The historical data trend for Emeco Holdings'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.

Emeco Holdings Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Inventory Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.34 41.56 31.22 19.15 15.24

Emeco Holdings Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
Inventory Turnover 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 Premium Member Only Premium Member Only Premium Member Only 6.59 14.37 7.55 11.21 4.68

Emeco Holdings Inventory Turnover Calculation

Emeco Holdings's Inventory Turnover for the fiscal year that ended in Jun. 2021 is calculated as

Inventory Turnover (A: Jun. 2021 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (A: Jun. 2021 ) / ((Total Inventories (A: Jun. 2020 ) + Total Inventories (A: Jun. 2021 )) / count )
=189.48929663609 / ((10.191166321601 + 14.680428134557) / 2 )
=189.48929663609 / 12.435797228079
=15.24

Emeco Holdings's Inventory Turnover for the quarter that ended in Jun. 2021 is calculated as

Inventory Turnover (Q: Jun. 2021 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (Q: Jun. 2021 ) / ((Total Inventories (Q: Dec. 2020 ) + Total Inventories (Q: Jun. 2021 )) / count )
=62.617737003058 / ((12.103162650602 + 14.680428134557) / 2 )
=62.617737003058 / 13.391795392579
=4.68

* 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.


Emeco Holdings  (OTCPK:EOHDF) 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.

Emeco Holdings's Days Inventory for the six months ended in Jun. 2021 is calculated as:

Days Inventory =Total Inventories (Q: Jun. 2021 )/Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=13.391795392579/62.617737003058*365 / 2
=39.03

2. Total Inventories can be measured by Days Sales of Inventory (DSI).

Emeco Holdings's Days Sales of Inventory for the six months ended in Jun. 2021 is calculated as:

Days Sales of Inventory (DSI)=Total Inventories (Q: Jun. 2021 )/Revenue (Q: Jun. 2021 )*Days in Period
=13.391795392579/246.08868501529*365 / 2
=9.93

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.

Emeco Holdings's Inventory to Revenue for the quarter that ended in Jun. 2021 is calculated as

Inventory-to-Revenue=Total Inventories (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=13.391795392579 / 246.08868501529
=0.05

* 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.


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.


Emeco Holdings Inventory Turnover Related Terms

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


Emeco Holdings Business Description

Emeco Holdings logo
Industry
Traded in Other Exchanges
Address
Level 3, 71 Walters Drive, Osborne Park, Perth, WA, AUS, 6017
Emeco Holdings Ltd owns and operates a fleet of original equipment manufacturer machines to deliver equipment rental solutions. Its reportable segments are Australian Rental that provides a wide range of earthmoving equipment to customers in Australia, Australian Workshops which is engaged in providing maintenance services to customers in Australia and Pit N Portal which provides a range of mining services solutions and associated services to customers in Australia.. The company generates a majority of its revenue from the Australian Rental Segment. Geographically, it generates a majority of its revenue from Australia.

Emeco Holdings Headlines

No Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)