ECCI (Ecoloclean Industries) Inventory Turnover: 0.45 (As of Jun. 2006)


What is Ecoloclean Industries Inventory Turnover?

Ecoloclean Industries ECCI -90.00% Inventory Turnover is 0.45 as of Jun. 2006.

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. Ecoloclean Industries's Cost of Goods Sold for the three months ended in Jun. 2006 was $0.08 Mil. Ecoloclean Industries's Average Total Inventories for the quarter that ended in Jun. 2006 was $0.18 Mil. Ecoloclean Industries's Inventory Turnover for the quarter that ended in Jun. 2006 was 0.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ecoloclean Industries's Days Inventory for the three months ended in Jun. 2006 was 201.42.

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. Ecoloclean Industries's Inventory-to-Revenue for the quarter that ended in Jun. 2006 was 2.48.

Ecoloclean Industries  (OTCPK:ECCI) 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.

Ecoloclean Industries's Days Inventory for the three months ended in Jun. 2006 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2006 )/Cost of Goods Sold (Q: Jun. 2006 )*Days in Period
=0.181/0.082*365 / 4
=201.42

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.

Ecoloclean Industries's Inventory to Revenue for the quarter that ended in Jun. 2006 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2006 ) / Revenue (Q: Jun. 2006 )
=0.181 / 0.073
=2.48

* 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.

Ecoloclean Industries Inventory Turnover Related Terms

Ecoloclean Industries Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Ecoloclean Industries'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.

Ecoloclean Industries Inventory Turnover Chart

Ecoloclean Industries Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05
Inventory Turnover
0.00 0.00 0.00 0.00 4.18

Ecoloclean Industries Quarterly Data
Dec01 Sep02 Dec02 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
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 0.00 0.24 1.82 0.64 0.45

Ecoloclean Industries Inventory Turnover Calculation

Ecoloclean Industries's Inventory Turnover for the fiscal year that ended in Dec. 2005 is calculated as

Inventory Turnover (A: Dec. 2005 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2005 ) / ((Total Inventories (A: Dec. 2004 ) + Total Inventories (A: Dec. 2005 )) / count )
=0.318 / ((0 + 0.076) / 1 )
=0.318 / 0.076
=4.18

Ecoloclean Industries's Inventory Turnover for the quarter that ended in Jun. 2006 is calculated as

Inventory Turnover (Q: Jun. 2006 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2006 ) / ((Total Inventories (Q: Mar. 2006 ) + Total Inventories (Q: Jun. 2006 )) / count )
=0.082 / ((0.175 + 0.187) / 2 )
=0.082 / 0.181
=0.45

* 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 0.45 mean?
Ecoloclean Industries (ECCI) has a Inventory Turnover of 0.45 as of Jun. 2006. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Ecoloclean Industries and its competitors.
Is Ecoloclean Industries' Inventory Turnover too high?
Ecoloclean Industries' current Inventory Turnover is 0.45.
How does Ecoloclean Industries' Inventory Turnover compare to ECEZ and AFBG?
Ecoloclean Industries' Inventory Turnover of 0.45 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 Ecoloclean Industries and its competitors. Ecoloclean Industries's current Inventory Turnover is 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecoloclean Industries stock overvalued right now?
Ecoloclean Industries (ECCI) has a current Inventory Turnover of 0.45. The current Inventory Turnover is 0.45. 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 Ecoloclean Industries (ECCI), the current Inventory Turnover is 0.45 as of Jun. 2006. 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.

Ecoloclean Industries Business Description

Address 2242 South Highway 83, Crystal City, TX, USA, 78839
Ecoloclean Industries Inc is a manufacturer of water remediation products, used in industrial and municipal treatment plants and similar operations.