Fundo de Recuperacao Economica do Estado do Espiritonto (BSP:FRES11) Inventory Turnover: 0.00 (As of Dec. 2011)

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What is Fundo de Recuperacao Economica do Estado do Espiritonto Inventory Turnover?

Fundo de Recuperacao Economica do Estado do Espiritonto BSP:FRES11 Inventory Turnover is 0.00 as of Dec. 2011.

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. Fundo de Recuperacao Economica do Estado do Espiritonto's Cost of Goods Sold for the six months ended in Dec. 2011 was R$8 Mil. Fundo de Recuperacao Economica do Estado do Espiritonto's Average Total Inventories for the quarter that ended in Dec. 2011 was R$0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fundo de Recuperacao Economica do Estado do Espiritonto's Days Inventory for the six months ended in Dec. 2011 was 0.00.

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. Fundo de Recuperacao Economica do Estado do Espiritonto's Inventory-to-Revenue for the quarter that ended in Dec. 2011 was 0.00.

Fundo de Recuperacao Economica do Estado do Espiritonto  (BSP:FRES11) 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.

Fundo de Recuperacao Economica do Estado do Espiritonto's Days Inventory for the six months ended in Dec. 2011 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2011 )/Cost of Goods Sold (Q: Dec. 2011 )*Days in Period
=0/8.1030000000001*365 / 2
=0.00

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.

Fundo de Recuperacao Economica do Estado do Espiritonto's Inventory to Revenue for the quarter that ended in Dec. 2011 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2011 ) / Revenue (Q: Dec. 2011 )
=0 / 4129.189
=0.00

* 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.

Fundo de Recuperacao Economica do Estado do Espiritonto Inventory Turnover Related Terms

Fundo de Recuperacao Economica do Estado do Espiritonto Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Fundo de Recuperacao Economica do Estado do Espiritonto'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.

Fundo de Recuperacao Economica do Estado do Espiritonto Inventory Turnover Chart

Fundo de Recuperacao Economica do Estado do Espiritonto Annual Data
Trend Dec09 Dec10 Dec11
Inventory Turnover
0.00 0.00 0.00

Fundo de Recuperacao Economica do Estado do Espiritonto Semi-Annual Data
Dec09 Dec10 Dec11
Inventory Turnover 0.00 0.00 0.00

Fundo de Recuperacao Economica do Estado do Espiritonto Inventory Turnover Calculation

Fundo de Recuperacao Economica do Estado do Espiritonto's Inventory Turnover for the fiscal year that ended in Dec. 2011 is calculated as

Inventory Turnover (A: Dec. 2011 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2011 ) / ((Total Inventories (A: Dec. 2010 ) + Total Inventories (A: Dec. 2011 )) / count )
=8.1030000000001 / ((0 + 0) / 1 )
=8.1030000000001 / 0
=N/A

Fundo de Recuperacao Economica do Estado do Espiritonto's Inventory Turnover for the quarter that ended in Dec. 2011 is calculated as

Inventory Turnover (Q: Dec. 2011 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2011 ) / ((Total Inventories (Q: Dec. 2010 ) + Total Inventories (Q: Dec. 2011 )) / count )
=8.1030000000001 / ((0 + 0) / 1 )
=8.1030000000001 / 0
=N/A

* 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 0.00 mean?
Fundo de Recuperacao Economica do Estado do Espiritonto (BSP:FRES11) has a Inventory Turnover of 0.00 as of Dec. 2011. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Fundo de Recuperacao Economica do Estado do Espiritonto and its competitors.
Is Fundo de Recuperacao Economica do Estado do Espiritonto's Inventory Turnover too high?
Fundo de Recuperacao Economica do Estado do Espiritonto's current Inventory Turnover is 0.00.
How does Fundo de Recuperacao Economica do Estado do Espiritonto's Inventory Turnover compare to competitors?
Fundo de Recuperacao Economica do Estado do Espiritonto's Inventory Turnover of 0.00 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Inventory Turnover depends on the Asset Management 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 Fundo de Recuperacao Economica do Estado do Espiritonto and its competitors. Fundo de Recuperacao Economica do Estado do Espiritonto's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo de Recuperacao Economica do Estado do Espiritonto stock overvalued right now?
Fundo de Recuperacao Economica do Estado do Espiritonto (BSP:FRES11) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. 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 Fundo de Recuperacao Economica do Estado do Espiritonto (BSP:FRES11), the current Inventory Turnover is 0.00 as of Dec. 2011. 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.

Fundo de Recuperacao Economica do Estado do Espiritonto Business Description

Address R. Alberto Oliveira Santos, 42 - Sala 1.506, Vitoria, ES, BRA, 29010901
Fundo de Recuperacao Economica do Estado do Espirito Santo is an open-end pension fund that collect GST and income tax based on taxable income.