ENCC (Encompass Compliance) Change In Inventory: $-0.02 Mil (TTM As of Sep. 2004)

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What is Encompass Compliance Change In Inventory?

Encompass Compliance ENCC +15.85% Change In Inventory is $-0.02 Mil as of Sep. 2004.

Encompass Compliance's change in inventory for the quarter that ended in Sep. 2004 was $0.07 Mil. It means Encompass Compliance's inventory declined by $0.07 Mil from Jun. 2004 to Sep. 2004 .

Encompass Compliance's change in inventory for the fiscal year that ended in Dec. 2003 was $-0.24 Mil. It means Encompass Compliance's inventory increased by $0.24 Mil from . 20 to Dec. 2003 .

Encompass Compliance's Total Inventories for the quarter that ended in Sep. 2004 was $0.25 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Encompass Compliance's Days Inventory for the quarter that ended in Sep. 2004 was 136.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Encompass Compliance's Inventory Turnover for the quarter that ended in Sep. 2004 was 0.67.

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. Encompass Compliance's Inventory-to-Revenue for the quarter that ended in Sep. 2004 was 0.76.

Encompass Compliance  (OTCPK:ENCC) Change In Inventory Explanation

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

Encompass Compliance's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.3005/0.201*365 / 4
=136.42

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

Encompass Compliance's Inventory Turnover for the quarter that ended in Sep. 2004 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.201 / 0.3005
=0.67

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.

Encompass Compliance's Inventory to Revenue for the quarter that ended in Sep. 2004 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.3005 / 0.394
=0.76

* 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.

Encompass Compliance Change In Inventory Related Terms

Encompass Compliance Change In Inventory Historical Data

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The historical data trend for Encompass Compliance'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.

Encompass Compliance Change In Inventory Chart

Encompass Compliance Annual Data
Trend Dec03
Change In Inventory
-0.24

Encompass Compliance Quarterly Data
Dec03 Mar04 Jun04 Sep04
Change In Inventory 0.00 -0.39 0.30 0.07

Encompass Compliance 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. 2004 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-0.02 Mil mean?
Encompass Compliance (ENCC) has a Change In Inventory of $-0.02 Mil as of Sep. 2004. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Encompass Compliance and its competitors.
Is Encompass Compliance's Change In Inventory too high?
Encompass Compliance's current Change In Inventory is $-0.02 Mil.
How does Encompass Compliance's Change In Inventory compare to IVFZF?
Encompass Compliance's Change In Inventory of $-0.02 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Diversified Financial Services company?
A good Change In Inventory depends on the Diversified Financial Services industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Encompass Compliance and its competitors. Encompass Compliance's current Change In Inventory is $-0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Encompass Compliance stock overvalued right now?
Encompass Compliance (ENCC) has a current Change In Inventory of $-0.02 Mil. The current Change In Inventory is $-0.02 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Encompass Compliance (ENCC), the current Change In Inventory is $-0.02 Mil as of Sep. 2004. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Encompass Compliance Business Description