Lizhan Environmental (Lizhan Environmental) Change In Inventory : $-7.93 Mil (TTM As of Mar. 2012)

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What is Lizhan Environmental Change In Inventory?

Lizhan Environmental's change in inventory for the quarter that ended in Mar. 2012 was $0.00 Mil. It means Lizhan Environmental's inventory stayed the same from Sep. 2011 to Mar. 2012 .

Lizhan Environmental's change in inventory for the fiscal year that ended in Sep. 2011 was $-7.93 Mil. It means Lizhan Environmental's inventory increased by $7.93 Mil from Sep. 2010 to Sep. 2011 .

Lizhan Environmental's Total Inventories for the quarter that ended in Mar. 2012 was $16.64 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lizhan Environmental's Days Inventory for the quarter that ended in Mar. 2012 was 289.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lizhan Environmental's Inventory Turnover for the quarter that ended in Mar. 2012 was 0.31.

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. Lizhan Environmental's Inventory-to-Revenue for the quarter that ended in Mar. 2012 was 2.81.

Lizhan Environmental Change In Inventory Historical Data

The historical data trend for Lizhan Environmental'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.

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Lizhan Environmental Change In Inventory Chart

Lizhan Environmental Annual Data

Trend

Sep08

Sep09

Sep10

Sep11

Change In Inventory

-1.48

-1.92

-1.10

-7.93

Lizhan Environmental Quarterly Data
	Sep08	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Mar12
Change In Inventory	Get a 7-Day Free Trial							-1.38	-4.26	-2.02	-0.28	-

Lizhan Environmental 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 Mar. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.93 Mil.

Lizhan Environmental (OTCPK:LZENF) Change In Inventory Explanation

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

Lizhan Environmental's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	14.826	/	4.667	*	365 / 4
	=	289.88

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

Lizhan Environmental's Inventory Turnover for the quarter that ended in Mar. 2012 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.667	/	14.826
	=	0.31

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.

Lizhan Environmental's Inventory to Revenue for the quarter that ended in Mar. 2012 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14.826	/	5.272
	=	2.81

Lizhan Environmental Change In Inventory Related Terms

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Lizhan Environmental (Lizhan Environmental) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lizhan Environmental Corp (OTCPK:LZENF) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 716, Qifu Road, Wutong Street, Tongxiang, Zhejiang Province, CHN, 314500

Website

http://gb.lzencorp.com/

Lizhan Environmental Corp manufactures, distributes and markets synthetic leather and other fabrics from recycled leather waste, among other materials. It's products used in the production of residential and office furniture, garments, automotive upholstery products, and various consumer applications. It sells domestically in China and export to distributors and manufacturers in the United States and other foreign countries.

Lizhan Environmental (Lizhan Environmental) Headlines

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