Australian Zircon NL (ASX:AZCCA) Inventory Turnover : 0.00 (As of Jun. 2015)

View and export this data going back to . Start your Free Trial

What is Australian Zircon NL 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. Australian Zircon NL's Cost of Goods Sold for the six months ended in Jun. 2015 was A$0.00 Mil. Australian Zircon NL's Average Total Inventories for the quarter that ended in Jun. 2015 was A$0.00 Mil.

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

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.

Australian Zircon NL Inventory Turnover Historical Data

The historical data trend for Australian Zircon NL'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.

Australian Zircon NL Inventory Turnover Chart

Australian Zircon NL Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Inventory Turnover

Get a 7-Day Free Trial

Australian Zircon NL Semi-Annual Data
	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Jun10	Jun11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Australian Zircon NL Inventory Turnover Calculation

Australian Zircon NL's Inventory Turnover for the fiscal year that ended in Jun. 2015 is calculated as

	Inventory Turnover (A: Jun. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2015 )	/ (	(Total Inventories (A: Jun. 2014 )	+	Total Inventories (A: Jun. 2015 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Australian Zircon NL'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 )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Australian Zircon NL (ASX:AZCCA) 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.

Australian Zircon NL'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
	=	0	/	0	*	365 / 2
	=

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.

Australian Zircon NL'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 )
	=	0	/	0
	=

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.

Australian Zircon NL Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Australian Zircon NL's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Australian Zircon NL (ASX:AZCCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Australian Zircon NL (ASX:AZCCA) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.auzircon.com.au

Australian Zircon NL is incorporated in Australia and was founded in 1994. The Company is engaged in mineral sands exploration and mining business. The Company focuses on developing the WIM150 mineral sands project located in the Wimmera region of western Victoria. It also holds interest in the EL 5460 exploration tenement located in the Horsham region, Victoria.

Australian Zircon NL (ASX:AZCCA) Headlines

No Headlines