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APR Energy (APR Energy) Inventory Turnover : 1.92 (As of Jun. 2015)


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What is APR Energy Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. APR Energy's Cost of Goods Sold for the six months ended in Jun. 2015 was $151.3 Mil. APR Energy's Average Total Inventories for the quarter that ended in Jun. 2015 was $79.0 Mil. APR Energy's Inventory Turnover for the quarter that ended in Jun. 2015 was 1.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. APR Energy's Days Inventory for the six months ended in Jun. 2015 was 95.29.

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. APR Energy's Inventory-to-Revenue for the quarter that ended in Jun. 2015 was 0.65.


APR Energy Inventory Turnover Historical Data

The historical data trend for APR Energy's Inventory Turnover 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.

APR Energy Inventory Turnover Chart

APR Energy Annual Data
Trend Oct10 Dec11 Dec12 Dec13 Dec14
Inventory Turnover
- - 28.56 7.87 6.92

APR Energy Semi-Annual Data
Apr10 Oct10 Apr11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.43 4.94 3.21 3.33 1.92

APR Energy Inventory Turnover Calculation

APR Energy's Inventory Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Inventory Turnover (A: Dec. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2014 ) / ((Total Inventories (A: Dec. 2013 ) + Total Inventories (A: Dec. 2014 )) / count )
=423.7 / ((43 + 79.5) / 2 )
=423.7 / 61.25
=6.92

APR Energy's Inventory Turnover for the quarter that ended in Jun. 2015 is calculated as

Inventory Turnover (Q: Jun. 2015 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2015 ) / ((Total Inventories (Q: Dec. 2014 ) + Total Inventories (Q: Jun. 2015 )) / count )
=151.3 / ((79.5 + 78.5) / 2 )
=151.3 / 79
=1.92

* 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.


APR Energy  (OTCPK:APRYF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

APR Energy's Days Inventory for the six months ended in Jun. 2015 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2015 )/Cost of Goods Sold (Q: Jun. 2015 )*Days in Period
=79/151.3*365 / 2
=95.29

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.

APR Energy's Inventory to Revenue for the quarter that ended in Jun. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2015 ) / Revenue (Q: Jun. 2015 )
=79 / 122.2
=0.65

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


APR Energy Inventory Turnover Related Terms

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APR Energy (APR Energy) Business Description

Traded in Other Exchanges
N/A
Address
3600 Port Jacksonville Parkway, Jacksonville, FL, USA, 32226
APR Energy PLC was incorporated on October 30, 2009. It is a provider of fast-track mobile turbine power. The Company's turnkey power plants help run cities, countries, and industries around the world in both developed and developing markets. The Company provides its solutions to a variety of customers, including sovereign owned utilities, governmental institutions and industrial customers. Its fleet of rapidly deployable turnkey power can be utilised for many applications, including supplemental base-load capacity, disaster relief, seasonal peak shaving, backup for scheduled or unscheduled outages, dedicated industrial power, and grid stability and support. Its geographical locations include Libya, South America, Angola, Japan and Middle East.

APR Energy (APR Energy) Headlines

From GuruFocus

Brandes Investment Trust Comments on APR Energy

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