Solar Enertech (Solar Enertech) Inventory-to-Revenue : 0.73 (As of Dec. 2011)

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What is Solar Enertech Inventory-to-Revenue?

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. Solar Enertech's Average Total Inventories for the quarter that ended in Dec. 2011 was $1.55 Mil. Solar Enertech's Revenue for the three months ended in Dec. 2011 was $2.11 Mil. Solar Enertech's Inventory-to-Revenue for the quarter that ended in Dec. 2011 was 0.73.

Solar Enertech's Inventory-to-Revenue for the quarter that ended in Dec. 2011 increased from Sep. 2011 (0.62) to Sep. 2011 (0.73)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Solar Enertech's Days Inventory for the three months ended in Dec. 2011 was 45.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. Solar Enertech's Inventory Turnover for the quarter that ended in Dec. 2011 was 2.00.

Solar Enertech Inventory-to-Revenue Historical Data

The historical data trend for Solar Enertech's Inventory-to-Revenue 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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Solar Enertech Inventory-to-Revenue Chart

Solar Enertech Annual Data

Trend

Sep05

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Inventory-to-Revenue

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1.02

0.18

0.14

0.06

0.07

Solar Enertech Quarterly Data
	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11
Inventory-to-Revenue	Get a 7-Day Free Trial															0.31	0.49	0.34	0.62	0.73

Competitive Comparison of Solar Enertech's Inventory-to-Revenue

For the Solar subindustry, Solar Enertech's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.

Solar Enertech's Inventory-to-Revenue Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solar Enertech's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Solar Enertech's Inventory-to-Revenue falls into.

Solar Enertech Inventory-to-Revenue Calculation

Solar Enertech's Inventory-to-Revenue for the fiscal year that ended in Sep. 2011 is calculated as

	Inventory-to-Revenue (A: Sep. 2011 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Sep. 2010 )	+	Total Inventories (A: Sep. 2011 ))	/	count )	/	Revenue (A: Sep. 2011 )
=	( (4.083	+	2.189)	/	2 )	/	42.694
=	3.136					/	42.694
=	0.07

Solar Enertech's Inventory-to-Revenue for the quarter that ended in Dec. 2011 is calculated as

	Inventory-to-Revenue (Q: Dec. 2011 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2011 )	+	Total Inventories (Q: Dec. 2011 ))	/	count )	/	Revenue (Q: Dec. 2011 )
=	( (2.189	+	0.901)	/	2 )	/	2.107
=	1.545					/	2.107
=	0.73

Solar Enertech (OTCPK:SOEN) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Solar Enertech's Days Inventory for the three months ended in Dec. 2011 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2011 )	/	Cost of Goods Sold (Q: Dec. 2011 )	*	Days in Period
	=	1.545	/	3.091	*	365 / 4
	=	45.61

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

Solar Enertech's Inventory Turnover for the quarter that ended in Dec. 2011 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2011 )	/	Average Total Inventories (Q: Dec. 2011 )
	=	3.091	/	1.545
	=	2.00

Solar Enertech Inventory-to-Revenue Related Terms

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Solar Enertech (Solar Enertech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solar Enertech Corp (OTCPK:SOEN) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

655 West Evelyn Avenue, Suite 2, Mountain View, CA, USA, 94041

Website

http://www.solarenertech.com

Solar Enertech Corp currently operates as a photovoltaic solar energy cell manufacturer.

Executives

David Anthony	director	200 LUDLOW DRIVE, EWING NJ 08638
David Gelbaum	10 percent owner, other: Co-Trustee	2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Monica Chavez Gelbaum	10 percent owner, other: Co-Trustee	2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Quercus Trust	10 percent owner	2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Luxor Capital Group, Lp	10 percent owner	7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Lcg Select Llc	10 percent owner	767 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10153
Lcg Select Offshore Ltd	10 percent owner	PO BOX 309GT UGLAND HOUSE SOUTH CHURCH S, GEORGE TOWN, GRAND CAYAMAN CAYMAN E9 00000

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