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Energy World (ASX:EWC) Inventory Turnover : 9.03 (As of Dec. 2023)


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What is Energy World 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 World's Cost of Goods Sold for the six months ended in Dec. 2023 was A$3.23 Mil. Energy World's Average Total Inventories for the quarter that ended in Dec. 2023 was A$0.36 Mil. Energy World's Inventory Turnover for the quarter that ended in Dec. 2023 was 9.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Energy World's Days Inventory for the six months ended in Dec. 2023 was 20.21.

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 World's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Energy World Inventory Turnover Historical Data

The historical data trend for Energy World'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 World Inventory Turnover Chart

Energy World Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.31 94.37 108.53 263.99 57.96

Energy World Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 67.34 78.75 41.53 -0.52 9.03

Energy World Inventory Turnover Calculation

Energy World's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Inventory Turnover (A: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2023 ) / ((Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count )
=19.214 / ((0.326 + 0.337) / 2 )
=19.214 / 0.3315
=57.96

Energy World's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=3.228 / ((0.337 + 0.378) / 2 )
=3.228 / 0.3575
=9.03

* 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 World  (ASX:EWC) 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 World's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0.3575/3.228*365 / 2
=20.21

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 World's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0.3575 / 25.91
=0.01

* 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 World Inventory Turnover Related Terms

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Energy World (ASX:EWC) Business Description

Industry
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Traded in Other Exchanges
EWCLF:USA
Address
9A, Seaforth Crescent, Seaforth, NSW, AUS, 2092
Website
http://www.energyworldcorp.com
Energy World Corp Ltd is an independent energy company engaged in the production and sale of power and natural gas. Its segments include Oil and gas in Australia, Power in Australia, Oil and gas and power in Indonesia and Project Development. It operates in three countries namely, the Philippines, Indonesia, and Australia. The company earns majority of its revenue from Power segment of Indonesia.