CWRV (Clearwater Ventures) Inventory Turnover : 0.00 (As of Aug. 2015)

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What is Clearwater Ventures 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. Clearwater Ventures's Cost of Goods Sold for the three months ended in Aug. 2015 was $0.00 Mil. Clearwater Ventures's Average Total Inventories for the quarter that ended in Aug. 2015 was $0.00 Mil.

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.

Clearwater Ventures Inventory Turnover Historical Data

The historical data trend for Clearwater Ventures'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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Clearwater Ventures Inventory Turnover Chart

Clearwater Ventures Annual Data

Trend

Feb14

Feb15

Inventory Turnover

Clearwater Ventures Quarterly Data
	May14	Aug14	Nov14	Feb15	May15	Aug15
Inventory Turnover	Get a 7-Day Free Trial			-	-	-	-	-

Clearwater Ventures Inventory Turnover Calculation

Clearwater Ventures's Inventory Turnover for the fiscal year that ended in Feb. 2015 is calculated as

	Inventory Turnover (A: Feb. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2015 )	/ (	(Total Inventories (A: Feb. 2014 )	+	Total Inventories (A: Feb. 2015 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Clearwater Ventures's Inventory Turnover for the quarter that ended in Aug. 2015 is calculated as

	Inventory Turnover (Q: Aug. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Aug. 2015 )	/ (	(Total Inventories (Q: May. 2015 )	+	Total Inventories (Q: Aug. 2015 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Clearwater Ventures (OTCPK:CWRV) 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.

Clearwater Ventures's Days Inventory for the three months ended in Aug. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Aug. 2015 )	/	Cost of Goods Sold (Q: Aug. 2015 )	*	Days in Period
	=	0	/	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.

Clearwater Ventures's Inventory to Revenue for the quarter that ended in Aug. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Aug. 2015 )	/	Revenue (Q: Aug. 2015 )
	=	0	/	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.

Clearwater Ventures Inventory Turnover Related Terms

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Clearwater Ventures Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Clearwater Ventures Inc (OTCPK:CWRV) » Definitions » Inventory Turnover

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Website

Clearwater Ventures Inc, through its subsidiary is engaged in designing and marketing of pool filter product known as the Pool Guardian. It is designed to supplement and assist pool filters by capturing and holding unwanted pool surface debris.

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