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Commerce Energy Group (Commerce Energy Group) Days Inventory : 0.00 (As of Apr. 2009)


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What is Commerce Energy Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Commerce Energy Group's Average Total Inventories for the three months ended in Apr. 2009 was $0.0 Mil. Commerce Energy Group's Cost of Goods Sold for the three months ended in Apr. 2009 was $0.0 Mil.

The historical rank and industry rank for Commerce Energy Group's Days Inventory or its related term are showing as below:

CMNR's Days Inventory is not ranked *
in the Utilities - Regulated industry.
Industry Median: 23.485
* Ranked among companies with meaningful Days Inventory only.

Commerce Energy Group's Days Inventory declined from Apr. 2008 (3.34) to Apr. 2009 (0.00).

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.


Commerce Energy Group Days Inventory Historical Data

The historical data trend for Commerce Energy Group's Days 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.

* Premium members only.

Commerce Energy Group Days Inventory Chart

Commerce Energy Group Annual Data
Trend Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Jul07 Jul08
Days Inventory
Get a 7-Day Free Trial Premium Member Only - 7.38 7.64 6.09 6.17

Commerce Energy Group Quarterly Data
Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09
Days Inventory Get a 7-Day Free Trial 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 3.34 3.52 7.95 - -

Competitive Comparison of Commerce Energy Group's Days Inventory

For the Utilities - Diversified subindustry, Commerce Energy Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Commerce Energy Group's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Commerce Energy Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Commerce Energy Group's Days Inventory falls into.



Commerce Energy Group Days Inventory Calculation

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

Commerce Energy Group's Days Inventory for the fiscal year that ended in Jul. 2008 is calculated as

Days Inventory (A: Jul. 2008 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jul. 2007 ) + Total Inventories (A: Jul. 2008 )) / count ) / Cost of Goods Sold (A: Jul. 2008 )*Days in Period
=( (5.905 + 7.717) / 2 ) / 403.105*365
=6.811 / 403.105*365
=6.17

Commerce Energy Group's Days Inventory for the quarter that ended in Apr. 2009 is calculated as:

Days Inventory (Q: Apr. 2009 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jan. 2009 ) + Total Inventories (Q: Apr. 2009 )) / count ) / Cost of Goods Sold (Q: Apr. 2009 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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.


Commerce Energy Group  (OTCPK:CMNR) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Commerce Energy Group's Inventory Turnover for the three months ended in Apr. 2009 is calculated as

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.

Commerce Energy Group's Inventory to Revenue for the three months ended in Apr. 2009 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Commerce Energy Group Days Inventory Related Terms

Thank you for viewing the detailed overview of Commerce Energy Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Commerce Energy Group (Commerce Energy Group) Business Description

Traded in Other Exchanges
N/A
Address
600 Anton Boulevard, Suite 2000, Costa Mesa, CA, USA, 92626
Commerce Energy Group Inc provides electricity and natural gas supply to residential and commercial customers across North America.
Executives
C Douglas Mitchell officer: Chief Financial Officer 600 WILSHIRE BOULEVARD, SUITE 1500, LOS ANGELES CA 90017
Spectrum Galaxy Fund Ltd. 10 percent owner 50 CALIFORNIA STREET, SUITE 1500, SAN FRANCISCO CA 94111
Daniel Zeff 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Zeff Capital Partners I, L.p. 10 percent owner C/O ZEFF HOLDING COMPANY, LLC, 50 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Zeff Holding Company, Llc 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020

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