Ecosphere Technologies (Ecosphere Technologies) Inventory Turnover : 0.14 (As of Sep. 2017)

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What is Ecosphere Technologies 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. Ecosphere Technologies's Cost of Goods Sold for the three months ended in Sep. 2017 was $0.03 Mil. Ecosphere Technologies's Average Total Inventories for the quarter that ended in Sep. 2017 was $0.22 Mil. Ecosphere Technologies's Inventory Turnover for the quarter that ended in Sep. 2017 was 0.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ecosphere Technologies's Days Inventory for the three months ended in Sep. 2017 was 675.25.

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. Ecosphere Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2017 was 6.53.

Ecosphere Technologies Inventory Turnover Historical Data

The historical data trend for Ecosphere Technologies'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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Ecosphere Technologies Inventory Turnover Chart

Ecosphere Technologies Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Inventory Turnover

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33.76

10.41

2.24

0.80

0.11

Ecosphere Technologies Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Inventory Turnover	Get a 7-Day Free Trial															0.03	0.01	1.36	0.06	0.14

Ecosphere Technologies Inventory Turnover Calculation

Ecosphere Technologies's Inventory Turnover for the fiscal year that ended in Dec. 2016 is calculated as

	Inventory Turnover (A: Dec. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2016 )	/ (	(Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2016 ))	/	count )
=	0.092	/ (	(0.799	+	0.951)	/	2 )
=	0.092	/	0.875
=	0.11

Ecosphere Technologies's Inventory Turnover for the quarter that ended in Sep. 2017 is calculated as

	Inventory Turnover (Q: Sep. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2017 )	/ (	(Total Inventories (Q: Jun. 2017 )	+	Total Inventories (Q: Sep. 2017 ))	/	count )
=	0.03	/ (	(0.221	+	0.223)	/	2 )
=	0.03	/	0.222
=	0.14

Ecosphere Technologies (OTCPK:ESPHQ) 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.

Ecosphere Technologies's Days Inventory for the three months ended in Sep. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2017 )	/	Cost of Goods Sold (Q: Sep. 2017 )	*	Days in Period
	=	0.222	/	0.03	*	365 / 4
	=	675.25

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.

Ecosphere Technologies's Inventory to Revenue for the quarter that ended in Sep. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2017 )	/	Revenue (Q: Sep. 2017 )
	=	0.222	/	0.034
	=	6.53

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.

Ecosphere Technologies Inventory Turnover Related Terms

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Ecosphere Technologies (Ecosphere Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ecosphere Technologies Inc (OTCPK:ESPHQ) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

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Address

3515 South East Lionel Terrace, Stuart, FL, USA, 34997

Website

http://www.ecospheretech.com

Ecosphere Technologies Inc is a property licensing company. It develops environmental solutions for global water, energy, industrial and agricultural markets. It increases production, reduces costs, and protect the environment through a portfolio of unique, patented technologies. Its patented technologies include technologies like Ozonix, the Ecos PowerCube and the Ecos GrowCube. Ecosphere's technologies and products are available through multiple brands and subsidiaries. Ecosphere is a single segmented company.

Executives

John P Brewster	director, officer: CEO/President/Chairman	6106 TEZCUCO COURT, GONZALES LA 70737
Adrian Graham Goldfarb	officer: Chief Financial Officer	7660 CENTURION PARKWAY, SUITE 100, JACKSONVILLE FL 32256
Joe M Allbaugh	director	PO BOX 684784, AUSTIN TX 78768-4784
William Arthur Owens	director	C/O CENTURYLINK, INC., 100 CENTURYLINK DRIVE, MONROE LA 71203

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