ESTRF (Estre Ambiental) Inventory Turnover : 0.00 (As of Jun. 2019)

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What is Estre Ambiental 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. Estre Ambiental's Cost of Goods Sold for the three months ended in Jun. 2019 was $0.0 Mil. Estre Ambiental's Average Total Inventories for the quarter that ended in Jun. 2019 was $2.2 Mil. Estre Ambiental's Inventory Turnover for the quarter that ended in Jun. 2019 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

Estre Ambiental Inventory Turnover Historical Data

The historical data trend for Estre Ambiental'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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Estre Ambiental Inventory Turnover Chart

Estre Ambiental Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Inventory Turnover

82.91

89.00

Estre Ambiental Quarterly Data
	Jul15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Jun18	Dec18	Jun19
Inventory Turnover	Get a 7-Day Free Trial								-	-	-	-	-

Estre Ambiental Inventory Turnover Calculation

Estre Ambiental's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Inventory Turnover (A: Dec. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2018 )	/ (	(Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )
=	252.146	/ (	(3.449	+	2.217)	/	2 )
=	252.146	/	2.833
=	89.00

Estre Ambiental's Inventory Turnover for the quarter that ended in Jun. 2019 is calculated as

	Inventory Turnover (Q: Jun. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2019 )	/ (	(Total Inventories (Q: Dec. 2018 )	+	Total Inventories (Q: Jun. 2019 ))	/	count )
=	0	/ (	(2.217	+	0)	/	1 )
=	0	/	2.217
=	0.00

Estre Ambiental (OTCPK:ESTRF) 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.

Estre Ambiental's Days Inventory for the three months ended in Jun. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2019 )	/	Cost of Goods Sold (Q: Jun. 2019 )	*	Days in Period
	=	2.217	/	0	*	365 / 4
	=

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.

Estre Ambiental's Inventory to Revenue for the quarter that ended in Jun. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2019 )	/	Revenue (Q: Jun. 2019 )
	=	2.217	/	0
	=

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.

Estre Ambiental Inventory Turnover Related Terms

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Estre Ambiental Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Estre Ambiental Inc (OTCPK:ESTRF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

4509, Avenida Brigadeiro Faria Lima, 8th Floor,Vila Olimpia, Sao Paulo, SP, BRA, 04538-133

Website

http://www.estre.com.br

Estre Ambiental Inc waste management company in Brazil which operates in the Southeast, South and Northeast regions of Brazil. It operates its own landfills and is engaged in the final treatment of hazardous wastes, temporary storage of waste, collection and burning of landfill biogas, environmental consulting services, recycling, reverse manufacturing of electrical and electronic devices and waste collection, among others activities. The operations are grouped into four business segments Collection and Cleaning Services; Landfills; Oil and Gas; and Value Recovery. It generates a vast majority of its revenue from the collection and cleaning services segment.