GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Energy Developments Ltd (ASX:ENE) » Definitions » Inventory Turnover

Energy Developments (ASX:ENE) Inventory Turnover : 5.65 (As of Jun. 2015)


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

What is Energy Developments 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. Energy Developments's Cost of Goods Sold for the six months ended in Jun. 2015 was A$104.4 Mil. Energy Developments's Average Total Inventories for the quarter that ended in Jun. 2015 was A$18.5 Mil. Energy Developments's Inventory Turnover for the quarter that ended in Jun. 2015 was 5.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Energy Developments's Days Inventory for the six months ended in Jun. 2015 was 32.30.

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. Energy Developments's Inventory-to-Revenue for the quarter that ended in Jun. 2015 was 0.08.


Energy Developments Inventory Turnover Historical Data

The historical data trend for Energy Developments'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.

Energy Developments Inventory Turnover Chart

Energy Developments Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.73 11.78 14.61 14.72 11.90

Energy Developments Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Inventory Turnover 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 7.72 7.97 7.28 6.17 5.65

Energy Developments Inventory Turnover Calculation

Energy Developments'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 )
=212.081 / ((16.812 + 18.819) / 2 )
=212.081 / 17.8155
=11.90

Energy Developments'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 )
=104.37 / ((18.122 + 18.819) / 2 )
=104.37 / 18.4705
=5.65

* 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.


Energy Developments  (ASX:ENE) 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.

Energy Developments'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
=18.4705/104.37*365 / 2
=32.30

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.

Energy Developments'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 )
=18.4705 / 231.257
=0.08

* 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.


Energy Developments Inventory Turnover Related Terms

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


Energy Developments Business Description

Traded in Other Exchanges
N/A
Address
Energy Developments Limited is an provider of low emissions, renewable and remote energy. It is involved in project development, finance, design, operation and maintenance of international power generating and energy delivery projects.

Energy Developments Headlines

No Headlines