EXPL (Endurance Exploration Group) Inventory Turnover: 0.00 (As of Sep. 2018)

What is Endurance Exploration Group Inventory Turnover?

Endurance Exploration Group EXPL +1,328.57% Inventory Turnover is 0.00 as of Sep. 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. Endurance Exploration Group's Cost of Goods Sold for the three months ended in Sep. 2018 was $0.00 Mil. Endurance Exploration Group's Average Total Inventories for the quarter that ended in Sep. 2018 was $0.11 Mil. Endurance Exploration Group's Inventory Turnover for the quarter that ended in Sep. 2018 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.

Endurance Exploration Group (OTCPK:EXPL) 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.

Endurance Exploration Group's Days Inventory for the three months ended in Sep. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2018 )	/	Cost of Goods Sold (Q: Sep. 2018 )	*	Days in Period
	=	0.105	/	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.

Endurance Exploration Group's Inventory to Revenue for the quarter that ended in Sep. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2018 )	/	Revenue (Q: Sep. 2018 )
	=	0.105	/	0
	=

* 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.

Endurance Exploration Group Inventory Turnover Related Terms

Endurance Exploration Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Endurance Exploration Group's Inventory Turnover can be seen below:

Endurance Exploration Group Inventory Turnover Chart

Endurance Exploration Group Annual Data

Trend

Jan08

Jan09

Jan10

Jan11

Jan12

Jan13

Dec14

Dec15

Dec16

Dec17

Inventory Turnover

Get a 7-Day Free Trial

0.00

Endurance Exploration Group Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Inventory Turnover	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

Endurance Exploration Group Inventory Turnover Calculation

Endurance Exploration Group's Inventory Turnover for the fiscal year that ended in Dec. 2017 is calculated as

	Inventory Turnover (A: Dec. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2017 )	/ (	(Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Endurance Exploration Group's Inventory Turnover for the quarter that ended in Sep. 2018 is calculated as

	Inventory Turnover (Q: Sep. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2018 )	/ (	(Total Inventories (Q: Jun. 2018 )	+	Total Inventories (Q: Sep. 2018 ))	/	count )
=	0	/ (	(0.068	+	0.142)	/	2 )
=	0	/	0.105
=	0.00

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.00 mean?

Endurance Exploration Group (EXPL) has a Inventory Turnover of 0.00 as of Sep. 2018. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Endurance Exploration Group and its competitors.

Is Endurance Exploration Group's Inventory Turnover too high?

Endurance Exploration Group's current Inventory Turnover is 0.00.

How does Endurance Exploration Group's Inventory Turnover compare to NESCQ and SENR?

Endurance Exploration Group's Inventory Turnover of 0.00 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 Endurance Exploration Group and its competitors. Endurance Exploration Group's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Endurance Exploration Group stock overvalued right now?

Endurance Exploration Group (EXPL) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. 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 Endurance Exploration Group (EXPL), the current Inventory Turnover is 0.00 as of Sep. 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.

Endurance Exploration Group Business Description

Industry Industrials Waste Management

Comparable Companies NESCQ BOM:532911 TSXV:BLM XCNQ:LUX TSXV:ETK.H WAR:ATO BOM:526931 WAR:GRE XKRX:217910 BOM:539515 BOM:532001 BOM:533427 SENR NSE:FELIX XKLS:7163 HDII OCLN WAR:IVE TSXV:YES TSXV:CLI

Address 15500 Roosevelt Boulevard, Suite 301, Clearwater, FL, USA, 33760

Website http://www.enduranceexplorations.com

Endurance Exploration Group Inc is engaged in the exploration and recovery of deep-ocean shipwrecks across various countries. The company is focused on recovering bullion precious metals numismatic-grade coinage, high-value non-ferrous metals and other valuable cargos from both historic and modern shipwrecks. Its project consists of Project Connaught and Project Black Marlin. The Project Connaught is a steam-powered packet ship that transport cargo and passengers between Great Britain and the United States. Its Project Black Marlin is a vessel engaged in the trading activities.