Continental Coal (ASX:CCC) Inventory Turnover: 13.96 (As of Jun. 2014)


What is Continental Coal Inventory Turnover?

Continental Coal ASX:CCC Inventory Turnover is 13.96 as of Jun. 2014. The stock has 4 warning signs investors should review.

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. Continental Coal's Cost of Goods Sold for the six months ended in Jun. 2014 was A$30.41 Mil. Continental Coal's Average Total Inventories for the quarter that ended in Jun. 2014 was A$2.18 Mil. Continental Coal's Inventory Turnover for the quarter that ended in Jun. 2014 was 13.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Continental Coal's Days Inventory for the six months ended in Jun. 2014 was 13.07.

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. Continental Coal's Inventory-to-Revenue for the quarter that ended in Jun. 2014 was 0.07.

Continental Coal  (ASX:CCC) 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.

Continental Coal's Days Inventory for the six months ended in Jun. 2014 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2014 )/Cost of Goods Sold (Q: Jun. 2014 )*Days in Period
=2.178/30.41*365 / 2
=13.07

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.

Continental Coal's Inventory to Revenue for the quarter that ended in Jun. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2014 ) / Revenue (Q: Jun. 2014 )
=2.178 / 30.109
=0.07

* 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.

Continental Coal Inventory Turnover Related Terms

Continental Coal Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Continental Coal'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.

Continental Coal Inventory Turnover Chart

Continental Coal Annual Data
Trend Jun11 Jun12 Jun13 Jun14
Inventory Turnover
9.52 15.55 13.16 22.03

Continental Coal Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Inventory Turnover Get a 7-Day Free Trial 7.98 7.79 8.45 8.94 13.96

Continental Coal Inventory Turnover Calculation

Continental Coal's Inventory Turnover for the fiscal year that ended in Jun. 2014 is calculated as

Inventory Turnover (A: Jun. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2014 ) / ((Total Inventories (A: Jun. 2013 ) + Total Inventories (A: Jun. 2014 )) / count )
=66.399 / ((4.862 + 1.166) / 2 )
=66.399 / 3.014
=22.03

Continental Coal's Inventory Turnover for the quarter that ended in Jun. 2014 is calculated as

Inventory Turnover (Q: Jun. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2014 ) / ((Total Inventories (Q: Dec. 2013 ) + Total Inventories (Q: Jun. 2014 )) / count )
=30.41 / ((3.19 + 1.166) / 2 )
=30.41 / 2.178
=13.96

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 13.96 mean?
Continental Coal (ASX:CCC) has a Inventory Turnover of 13.96 as of Jun. 2014. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Continental Coal and its competitors.
Is Continental Coal's Inventory Turnover too high?
Continental Coal's current Inventory Turnover is 13.96.
How does Continental Coal's Inventory Turnover compare to competitors?
Continental Coal's Inventory Turnover of 13.96 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Steel company?
A good Inventory Turnover depends on the Steel industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Continental Coal and its competitors. Continental Coal's current Inventory Turnover is 13.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Continental Coal stock overvalued right now?
Continental Coal (ASX:CCC) has a current Inventory Turnover of 13.96. The current Inventory Turnover is 13.96. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Continental Coal (ASX:CCC), the current Inventory Turnover is 13.96 as of Jun. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Continental Coal Business Description

Address 9th Floor, Fredman Towers, 13 Fredman Drive, Sandton, ZAF, 2196
Continental Coal Ltd is a coal exploration and development company. It is engaged in producing, development and exploration of coal in its projects located in South Africa's coal fields. Its three main operating mines are Vlakvarkfontein, Ferreira and Penumbra mine. Its development projects include De Wittekrans development project; and exploration projects, such as Vaalbank, Leiden and Knapdaar in South Africa, as well as Kweneng and Serowe exploration projects in Botswana.