BWOWF (Wowjoint Holdings) Inventory Turnover : 0.00 (As of Dec. 2013)

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What is Wowjoint Holdings 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. Wowjoint Holdings's Cost of Goods Sold for the three months ended in Dec. 2013 was $0.00 Mil. Wowjoint Holdings's Average Total Inventories for the quarter that ended in Dec. 2013 was $5.25 Mil. Wowjoint Holdings's Inventory Turnover for the quarter that ended in Dec. 2013 was 0.00.

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.

Wowjoint Holdings Inventory Turnover Historical Data

The historical data trend for Wowjoint Holdings'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.

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Wowjoint Holdings Inventory Turnover Chart

Wowjoint Holdings Annual Data

Trend

Dec08

Dec10

Dec11

Dec12

Dec13

Inventory Turnover

3.46

3.13

1.29

2.40

Wowjoint Holdings Quarterly Data
	May08	Dec08	Jun09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Dec12	Jun13	Dec13
Inventory Turnover	Get a 7-Day Free Trial											0.16	0.24	-	-	-

Wowjoint Holdings Inventory Turnover Calculation

Wowjoint Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2013 is calculated as

	Inventory Turnover (A: Dec. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2013 )	/ (	(Total Inventories (A: Dec. 2012 )	+	Total Inventories (A: Dec. 2013 ))	/	count )
=	11.044	/ (	(5.284	+	3.907)	/	2 )
=	11.044	/	4.5955
=	2.40

Wowjoint Holdings's Inventory Turnover for the quarter that ended in Dec. 2013 is calculated as

	Inventory Turnover (Q: Dec. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2013 )	/ (	(Total Inventories (Q: Jun. 2013 )	+	Total Inventories (Q: Dec. 2013 ))	/	count )
=	0	/ (	(6.588	+	3.907)	/	2 )
=	0	/	5.2475
=	0.00

Wowjoint Holdings (OTCPK:BWOWF) 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.

Wowjoint Holdings's Days Inventory for the three months ended in Dec. 2013 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2013 )	/	Cost of Goods Sold (Q: Dec. 2013 )	*	Days in Period
	=	5.2475	/	0	*	365 / 4
	=

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.

Wowjoint Holdings's Inventory to Revenue for the quarter that ended in Dec. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2013 )	/	Revenue (Q: Dec. 2013 )
	=	5.2475	/	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.

Wowjoint Holdings Inventory Turnover Related Terms

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Wowjoint Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Wowjoint Holdings Ltd (OTCPK:BWOWF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2 Xinfeng Road, Deshemengwai Street, 1108 A Block Tiancheng Mansion, Xicheng District, Beijing, CHN, 100088

Website

http://www.wowjoint.com

Wowjoint Holdings Ltd provides infrastructure solutions for customized heavy duty lifting and carrying machinery used in large-scale projects. The company operates under the manufacture and marketing of non-standard heavy lifting and carrying equipment in China. The equipment and machinery are used in various engineering fields, such as bridge, road and railway construction, as well as in areas of heavy capacity lifting and transporting of concrete beams, boats, and shipping containers. Geographically all the operations are functioned through the region of China.

Wowjoint Holdings Headlines

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