Energroup Holdings (Energroup Holdings) Inventory Turnover : 7.15 (As of Sep. 2010)

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What is Energroup Holdings 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. Energroup Holdings's Cost of Goods Sold for the three months ended in Sep. 2010 was $47.9 Mil. Energroup Holdings's Average Total Inventories for the quarter that ended in Sep. 2010 was $6.7 Mil. Energroup Holdings's Inventory Turnover for the quarter that ended in Sep. 2010 was 7.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Energroup Holdings's Days Inventory for the three months ended in Sep. 2010 was 12.76.

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. Energroup Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2010 was 0.12.

Energroup Holdings Inventory Turnover Historical Data

The historical data trend for Energroup Holdings'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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Energroup Holdings Inventory Turnover Chart

Energroup Holdings Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Inventory Turnover

24.23

39.38

33.41

37.68

Energroup Holdings Quarterly Data
	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Inventory Turnover	Get a 7-Day Free Trial															10.03	9.97	12.65	12.51	7.15

Energroup Holdings Inventory Turnover Calculation

Energroup Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2009 is calculated as

	Inventory Turnover (A: Dec. 2009 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2009 )	/ (	(Total Inventories (A: Dec. 2008 )	+	Total Inventories (A: Dec. 2009 ))	/	count )
=	183.391	/ (	(6.051	+	3.684)	/	2 )
=	183.391	/	4.8675
=	37.68

Energroup Holdings's Inventory Turnover for the quarter that ended in Sep. 2010 is calculated as

	Inventory Turnover (Q: Sep. 2010 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2010 )	/ (	(Total Inventories (Q: Jun. 2010 )	+	Total Inventories (Q: Sep. 2010 ))	/	count )
=	47.935	/ (	(3.546	+	9.857)	/	2 )
=	47.935	/	6.7015
=	7.15

Energroup Holdings (OTCPK:ENHD) 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.

Energroup Holdings's Days Inventory for the three months ended in Sep. 2010 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2010 )	/	Cost of Goods Sold (Q: Sep. 2010 )	*	Days in Period
	=	6.7015	/	47.935	*	365 / 4
	=	12.76

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.

Energroup Holdings's Inventory to Revenue for the quarter that ended in Sep. 2010 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2010 )	/	Revenue (Q: Sep. 2010 )
	=	6.7015	/	55.702
	=	0.12

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.

Energroup Holdings Inventory Turnover Related Terms

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Energroup Holdings (Energroup Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Energroup Holdings Corp (OTCPK:ENHD) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No.9,Xin Yi Street, Ganjingzi District, Dalian, Liaoning, CHN, 116039

Website

http://www.energycompositescorp.com

Energroup Holdings Corp is engaged in the production, processing, sale and distribution of fresh and prepared meat products in China.

Executives

Wenbing Wang	director	21ST FLOOR, BUILDING B, JIA MING CENTER, NO. 27 DONG SAN HUAN NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100020
Yizhao Zhang	officer: Chief Financial Officer	45 OLD MILLSTONE DRIVE, NIT 6, EAST WINDSOR NJ 08520
Thomas J Howells	other: resigned as director	4685 SOUTH HIGHLAND DRIVE # 202, SALT LAKE CITY UT 84117
Timothy P Halter	director, 10 percent owner, officer: CEO, Pres, CFO, C of B, Scty	174 FM 1830, ARGYLE TX 76226
George L Diamond	10 percent owner	174 FM 1830, ARGYLE TX 76226
David F Brigante	10 percent owner	174FM 1830, ARGYLE TX 76226
Marat Rosenberg	10 percent owner	17 FM 1830, ARGYLE TX 76226
Halter Financial Investments Lp	10 percent owner	174 FM 1830, ARGYLE TX 76226
Halter Financial Investments Gp Llc	10 percent owner	174 FM 1830, ARGYLE TX 76226
Duane S Jenson	10 percent owner	4685 SOUTH HIGHLAND DRIVE # 202, SALT LAKE CITY UT 84111

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