EACTF (Earth Alive Clean Technologies) Inventory Turnover: 1.07 (As of Mar. 2024)

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What is Earth Alive Clean Technologies Inventory Turnover?

Earth Alive Clean Technologies EACTF -99.80% Inventory Turnover is 1.07 as of Mar. 2024.

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. Earth Alive Clean Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.80 Mil. Earth Alive Clean Technologies's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.75 Mil. Earth Alive Clean Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Earth Alive Clean Technologies's Days Inventory for the three months ended in Mar. 2024 was 85.31.

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. Earth Alive Clean Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.78.

Earth Alive Clean Technologies  (OTCPK:EACTF) 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.

Earth Alive Clean Technologies's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=0.747/0.799*365 / 4
=85.31

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.

Earth Alive Clean Technologies's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0.747 / 0.961
=0.78

* 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.

Earth Alive Clean Technologies Inventory Turnover Related Terms

Earth Alive Clean Technologies Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Earth Alive Clean Technologies'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.

Earth Alive Clean Technologies Inventory Turnover Chart

Earth Alive Clean Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.33 8.44 6.69 4.08 6.00

Earth Alive Clean Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.01 1.96 1.17 0.96 1.07

Earth Alive Clean Technologies Inventory Turnover Calculation

Earth Alive Clean Technologies's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=1.4 / ((0.205 + 0.262) / 2 )
=1.4 / 0.2335
=6.00

Earth Alive Clean Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=0.799 / ((0.262 + 1.232) / 2 )
=0.799 / 0.747
=1.07

* 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 1.07 mean?
Earth Alive Clean Technologies (EACTF) has a Inventory Turnover of 1.07 as of Mar. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Earth Alive Clean Technologies and its competitors.
Is Earth Alive Clean Technologies' Inventory Turnover too high?
Earth Alive Clean Technologies' current Inventory Turnover is 1.07.
How does Earth Alive Clean Technologies' Inventory Turnover compare to YTENQ and CTVA?
Earth Alive Clean Technologies' Inventory Turnover of 1.07 can be compared against companies in the Agriculture 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 Agriculture company?
A good Inventory Turnover depends on the Agriculture 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 Earth Alive Clean Technologies and its competitors. Earth Alive Clean Technologies's current Inventory Turnover is 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Earth Alive Clean Technologies stock overvalued right now?
Earth Alive Clean Technologies (EACTF) has a current Inventory Turnover of 1.07. The current Inventory Turnover is 1.07. 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 Earth Alive Clean Technologies (EACTF), the current Inventory Turnover is 1.07 as of Mar. 2024. 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.

Earth Alive Clean Technologies Business Description

Address 1050 Cote du Beaver Hall, Suite 1560, Montreal, QC, CAN, H2Z 1S4
Earth Alive Clean Technologies Inc is focused on formulating and manufacturing products using microbial technology. The company uses microbial technology to create products in agriculture and dust control. The company operates through two segments, Agriculture and Infrastructure & Maintenance. The Agriculture segment provides environmentally friendly products for retail and industrial usage such as fertilizers and soil amendments. The Infrastructure & Maintenance segment which derives the majority of revenue provides a biodegradable microbial product that abates dust. It has a business presence in Canada, the United States, Central and South America, Europe, and Africa.