EBODF (New Energy Exchange) Inventory Turnover: 0.18 (As of Jun. 2012)


What is New Energy Exchange Inventory Turnover?

New Energy Exchange EBODF Inventory Turnover is 0.18 as of Jun. 2012.

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. New Energy Exchange's Cost of Goods Sold for the six months ended in Jun. 2012 was $1.92 Mil. New Energy Exchange's Average Total Inventories for the quarter that ended in Jun. 2012 was $10.47 Mil. New Energy Exchange's Inventory Turnover for the quarter that ended in Jun. 2012 was 0.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. New Energy Exchange's Days Inventory for the six months ended in Jun. 2012 was 994.30.

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. New Energy Exchange's Inventory-to-Revenue for the quarter that ended in Jun. 2012 was 6.19.

New Energy Exchange  (OTCPK:EBODF) 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.

New Energy Exchange's Days Inventory for the six months ended in Jun. 2012 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2012 )/Cost of Goods Sold (Q: Jun. 2012 )*Days in Period
=10.4715/1.922*365 / 2
=994.30

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.

New Energy Exchange's Inventory to Revenue for the quarter that ended in Jun. 2012 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2012 ) / Revenue (Q: Jun. 2012 )
=10.4715 / 1.693
=6.19

* 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.

New Energy Exchange Inventory Turnover Related Terms

New Energy Exchange Inventory Turnover Historical Data

* Premium members only.

The historical data trend for New Energy Exchange'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.

New Energy Exchange Inventory Turnover Chart

New Energy Exchange Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.59 0.06 0.00 12.65 1.10

New Energy Exchange Semi-Annual Data
Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12
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 0.00 12.71 0.64 0.87 0.18

New Energy Exchange Inventory Turnover Calculation

New Energy Exchange'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 )
=10.939 / ((1.03 + 18.85) / 2 )
=10.939 / 9.94
=1.10

New Energy Exchange's Inventory Turnover for the quarter that ended in Jun. 2012 is calculated as

Inventory Turnover (Q: Jun. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2012 ) / ((Total Inventories (Q: Dec. 2011 ) + Total Inventories (Q: Jun. 2012 )) / count )
=1.922 / ((18.85 + 2.093) / 2 )
=1.922 / 10.4715
=0.18

* 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 0.18 mean?
New Energy Exchange (EBODF) has a Inventory Turnover of 0.18 as of Jun. 2012. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on New Energy Exchange and its competitors.
Is New Energy Exchange's Inventory Turnover too high?
New Energy Exchange's current Inventory Turnover is 0.18.
How does New Energy Exchange's Inventory Turnover compare to YGEHY and BSRC?
New Energy Exchange's Inventory Turnover of 0.18 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Inventory Turnover depends on the Semiconductors 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 New Energy Exchange and its competitors. New Energy Exchange's current Inventory Turnover is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Energy Exchange stock overvalued right now?
New Energy Exchange (EBODF) has a current Inventory Turnover of 0.18. The current Inventory Turnover is 0.18. 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 New Energy Exchange (EBODF), the current Inventory Turnover is 0.18 as of Jun. 2012. 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.

New Energy Exchange Business Description

Address Unit 1407, 14 Floor West Tower Shun Tak Centre, 168-200 Connaught Road Central, Hong Kong, HKG
New Energy Exchange Ltd is a renewable energy company. It is a service provider focusing on the new ecology of energy Internet and provides integrated solutions based on blockchain technologies. The company has three business division: Blockchain technology application; New energy and Internet+.