EKCS (Electronic Control Security) Inventory Turnover : 0.07 (As of Mar. 2014)

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What is Electronic Control Security 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. Electronic Control Security's Cost of Goods Sold for the three months ended in Mar. 2014 was $0.12 Mil. Electronic Control Security's Average Total Inventories for the quarter that ended in Mar. 2014 was $1.87 Mil. Electronic Control Security's Inventory Turnover for the quarter that ended in Mar. 2014 was 0.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Electronic Control Security's Days Inventory for the three months ended in Mar. 2014 was 1,395.30.

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. Electronic Control Security's Inventory-to-Revenue for the quarter that ended in Mar. 2014 was 24.55.

Electronic Control Security Inventory Turnover Historical Data

The historical data trend for Electronic Control Security'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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Electronic Control Security Inventory Turnover Chart

Electronic Control Security Annual Data

Trend

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Inventory Turnover

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1.17

1.00

1.04

1.03

0.43

Electronic Control Security Quarterly Data
	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14
Inventory Turnover	Get a 7-Day Free Trial															0.06	0.16	0.09	0.05	0.07

Electronic Control Security Inventory Turnover Calculation

Electronic Control Security's Inventory Turnover for the fiscal year that ended in Jun. 2013 is calculated as

	Inventory Turnover (A: Jun. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2013 )	/ (	(Total Inventories (A: Jun. 2012 )	+	Total Inventories (A: Jun. 2013 ))	/	count )
=	0.816	/ (	(1.961	+	1.842)	/	2 )
=	0.816	/	1.9015
=	0.43

Electronic Control Security's Inventory Turnover for the quarter that ended in Mar. 2014 is calculated as

	Inventory Turnover (Q: Mar. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2014 )	/ (	(Total Inventories (Q: Dec. 2013 )	+	Total Inventories (Q: Mar. 2014 ))	/	count )
=	0.122	/ (	(1.876	+	1.855)	/	2 )
=	0.122	/	1.8655
=	0.07

Electronic Control Security (OTCPK:EKCS) 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.

Electronic Control Security's Days Inventory for the three months ended in Mar. 2014 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2014 )	/	Cost of Goods Sold (Q: Mar. 2014 )	*	Days in Period
	=	1.8655	/	0.122	*	365 / 4
	=	1,395.30

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.

Electronic Control Security's Inventory to Revenue for the quarter that ended in Mar. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2014 )	/	Revenue (Q: Mar. 2014 )
	=	1.8655	/	0.076
	=	24.55

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.

Electronic Control Security Inventory Turnover Related Terms

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Electronic Control Security Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Electronic Control Security Inc (OTCPK:EKCS) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

790 Bloomfield Avenue, Building C-1, Clifton, NJ, USA, 07012

Website

https://www.ecsiinternationalgov.com

Electronic Control Security Inc is a single source security technology provider. It designs, manufactures, and supplies standalone and fully integrated state-of-the-art entry control and perimeter intrusion detection systems for the Department of Defense, Department of Energy, nuclear power stations, and various international customers. ECSI designs and interfaces commercial-off-the-shelf hardware, offering systems that are cost-effective and flexible to achieve a secure and normal environment for a facility. Its products are Advanced Radar Technologies; Water Infrastructure Sensing Equipment; Flight Line Security and Others.

Executives

Stephen Rossetti	director	5408 DUVALL DR, BETHESDA MD 20816-1872
Gordon E Fornell	director
Norman J Barta	director	C/O NEPHROS, INC., 3960 BROADWAY, NEW YORK NY 10032

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