ECEZ (Ecosciences) Inventory Turnover: 0.63 (As of Feb. 2018)


What is Ecosciences Inventory Turnover?

Ecosciences ECEZ -99.00% Inventory Turnover is 0.63 as of Feb. 2018.

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. Ecosciences's Cost of Goods Sold for the three months ended in Feb. 2018 was $0.01 Mil. Ecosciences's Average Total Inventories for the quarter that ended in Feb. 2018 was $0.01 Mil. Ecosciences's Inventory Turnover for the quarter that ended in Feb. 2018 was 0.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ecosciences's Days Inventory for the three months ended in Feb. 2018 was 146.00.

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. Ecosciences's Inventory-to-Revenue for the quarter that ended in Feb. 2018 was 0.38.

Ecosciences  (OTCPK:ECEZ) 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.

Ecosciences's Days Inventory for the three months ended in Feb. 2018 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2018 )/Cost of Goods Sold (Q: Feb. 2018 )*Days in Period
=0.008/0.005*365 / 4
=146.00

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.

Ecosciences's Inventory to Revenue for the quarter that ended in Feb. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2018 ) / Revenue (Q: Feb. 2018 )
=0.008 / 0.021
=0.38

* 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.

Ecosciences Inventory Turnover Related Terms

Ecosciences Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Ecosciences'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.

Ecosciences Inventory Turnover Chart

Ecosciences Annual Data
Trend May10 May11 May12 May13 May14 May15 May16 May17
Inventory Turnover
Get a 7-Day Free Trial 0.00 0.00 4.00 2.25 4.25

Ecosciences Quarterly Data
May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18
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 0.08 1.20 4.00 2.00 0.63

Ecosciences Inventory Turnover Calculation

Ecosciences's Inventory Turnover for the fiscal year that ended in May. 2017 is calculated as

Inventory Turnover (A: May. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: May. 2017 ) / ((Total Inventories (A: May. 2016 ) + Total Inventories (A: May. 2017 )) / count )
=0.017 / ((0.005 + 0.003) / 2 )
=0.017 / 0.004
=4.25

Ecosciences's Inventory Turnover for the quarter that ended in Feb. 2018 is calculated as

Inventory Turnover (Q: Feb. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2018 ) / ((Total Inventories (Q: Nov. 2017 ) + Total Inventories (Q: Feb. 2018 )) / count )
=0.005 / ((0.003 + 0.013) / 2 )
=0.005 / 0.008
=0.63

* 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 0.63 mean?
Ecosciences (ECEZ) has a Inventory Turnover of 0.63 as of Feb. 2018. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Ecosciences and its competitors.
Is Ecosciences' Inventory Turnover too high?
Ecosciences' current Inventory Turnover is 0.63.
How does Ecosciences' Inventory Turnover compare to GETH and QPWR?
Ecosciences' Inventory Turnover of 0.63 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 Ecosciences and its competitors. Ecosciences's current Inventory Turnover is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecosciences stock overvalued right now?
Ecosciences (ECEZ) has a current Inventory Turnover of 0.63. The current Inventory Turnover is 0.63. 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 Ecosciences (ECEZ), the current Inventory Turnover is 0.63 as of Feb. 2018. 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.

Ecosciences Business Description

Address 420 Jericho Turnpike, Suite 110, Jericho, NY, USA, 11753
Ecosciences Inc is focused on the development, production and sale of environmentally focused wastewater products. It currently produces organic tablets and powders to be used regularly and in lieu of harmful chemical cleaning products in grease trap and septic tank systems.