Sipp Industries (Sipp Industries) Change In Inventory : $0.00 Mil (TTM As of Dec. 2006)

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What is Sipp Industries Change In Inventory?

Sipp Industries's change in inventory for the quarter that ended in Dec. 2006 was $0.00 Mil. It means Sipp Industries's inventory stayed the same from Dec. 2005 to Dec. 2006 .

Sipp Industries's change in inventory for the fiscal year that ended in Dec. 2006 was $0.00 Mil. It means Sipp Industries's inventory stayed the same from Dec. 2005 to Dec. 2006 .

Sipp Industries's Total Inventories for the quarter that ended in Dec. 2006 was $0.00 Mil.

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

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

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. Sipp Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2006 was 0.00.

Sipp Industries Change In Inventory Historical Data

The historical data trend for Sipp Industries'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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Sipp Industries Change In Inventory Chart

Sipp Industries Annual Data

Trend

Dec04

Dec05

Dec06

Change In Inventory

Sipp Industries Semi-Annual Data
	Dec04	Dec05	Dec06
Change In Inventory	-	-	-

Sipp Industries Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2006 was $0.00 Mil.

Sipp Industries (OTCPK:SIPC) Change In Inventory Explanation

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

Sipp Industries'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	/	0	*	365 / 2
	=	N/A

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

Sipp Industries's Inventory Turnover for the quarter that ended in Dec. 2006 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

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.

Sipp Industries's Inventory to Revenue for the quarter that ended in Dec. 2006 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.003
	=	0.00

Sipp Industries Change In Inventory Related Terms

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Sipp Industries (Sipp Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Sipp Industries Inc (OTCPK:SIPC) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 Anton Boulevard, Suite 1100, Costa Mesa, CA, USA, 92626

Website

http://www.sippindustries.com

Sipp Industries Inc is a is a brand owner of craft hemp beer and spirits. It forms strategic partnerships with craft breweries and distilleries to produce its products. The Company partners with local and national distributors to promote and market the beverages to events, bars, restaurants, lounges, clubs, and retail stores.