CESX (CES Synergies) Inventory Turnover: 27.47 (As of Mar. 2017)


What is CES Synergies Inventory Turnover?

CES Synergies CESX Inventory Turnover is 27.47 as of Mar. 2017.

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. CES Synergies's Cost of Goods Sold for the three months ended in Mar. 2017 was $2.35 Mil. CES Synergies's Average Total Inventories for the quarter that ended in Mar. 2017 was $0.09 Mil. CES Synergies's Inventory Turnover for the quarter that ended in Mar. 2017 was 27.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CES Synergies's Days Inventory for the three months ended in Mar. 2017 was 3.32.

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. CES Synergies's Inventory-to-Revenue for the quarter that ended in Mar. 2017 was 0.03.

CES Synergies  (OTCPK:CESX) 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.

CES Synergies's Days Inventory for the three months ended in Mar. 2017 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2017 )/Cost of Goods Sold (Q: Mar. 2017 )*Days in Period
=0.0855/2.349*365 / 4
=3.32

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.

CES Synergies's Inventory to Revenue for the quarter that ended in Mar. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2017 ) / Revenue (Q: Mar. 2017 )
=0.0855 / 3.172
=0.03

* 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.

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.

CES Synergies Inventory Turnover Related Terms

CES Synergies Inventory Turnover Historical Data

* Premium members only.

The historical data trend for CES Synergies'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.

CES Synergies Inventory Turnover Chart

CES Synergies Annual Data
Trend Mar12 Mar13 Dec14 Dec15 Dec16
Inventory Turnover
0.00 0.00 105.50 105.70 108.14

CES Synergies Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 19.19 20.87 19.01 19.46 27.47

CES Synergies Inventory Turnover Calculation

CES Synergies's Inventory Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Inventory Turnover (A: Dec. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2016 ) / ((Total Inventories (A: Dec. 2015 ) + Total Inventories (A: Dec. 2016 )) / count )
=11.895 / ((0.134 + 0.086) / 2 )
=11.895 / 0.11
=108.14

CES Synergies's Inventory Turnover for the quarter that ended in Mar. 2017 is calculated as

Inventory Turnover (Q: Mar. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2017 ) / ((Total Inventories (Q: Dec. 2016 ) + Total Inventories (Q: Mar. 2017 )) / count )
=2.349 / ((0.086 + 0.085) / 2 )
=2.349 / 0.0855
=27.47

* 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 27.47 mean?
CES Synergies (CESX) has a Inventory Turnover of 27.47 as of Mar. 2017. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on CES Synergies and its competitors.
Is CES Synergies' Inventory Turnover too high?
CES Synergies' current Inventory Turnover is 27.47.
How does CES Synergies' Inventory Turnover compare to ALAN and BSHF?
CES Synergies' Inventory Turnover of 27.47 can be compared against companies in the Waste 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 a Waste Management company?
A good Inventory Turnover depends on the Waste 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 CES Synergies and its competitors. CES Synergies's current Inventory Turnover is 27.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CES Synergies stock overvalued right now?
CES Synergies (CESX) has a current Inventory Turnover of 27.47. The current Inventory Turnover is 27.47. 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 CES Synergies (CESX), the current Inventory Turnover is 27.47 as of Mar. 2017. 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.

CES Synergies Business Description

Address 39646 Fig Street, P.O. Box 1299, Crystal Springs, NV, USA, 33524
CES Synergies Inc is a United States of America based company. It is engaged in providing services like asbestos and lead abatement, hazardous materials removal, mold remediation and prevention, indoor air quality and duct cleaning, interior selective demolition, underground storage tank removal, concrete crushing, and demolition and wrecking. The company operates in three business segments that are Remediation, Demolition, and Insulation. The Remediation and Demolition segment generates maximum revenue for the company.