GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Saltbae Capital Corp (FRA:01X0) » Definitions » Inventory Turnover

Saltbae Capital (FRA:01X0) Inventory Turnover : 0.16 (As of Mar. 2019)


View and export this data going back to 2012. Start your Free Trial

What is Saltbae Capital 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. Saltbae Capital's Cost of Goods Sold for the three months ended in Mar. 2019 was €1.01 Mil. Saltbae Capital's Average Total Inventories for the quarter that ended in Mar. 2019 was €6.47 Mil. Saltbae Capital's Inventory Turnover for the quarter that ended in Mar. 2019 was 0.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Saltbae Capital's Days Inventory for the three months ended in Mar. 2019 was 586.42.

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. Saltbae Capital's Inventory-to-Revenue for the quarter that ended in Mar. 2019 was 5.99.


Saltbae Capital Inventory Turnover Historical Data

The historical data trend for Saltbae Capital'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.

* Premium members only.

Saltbae Capital Inventory Turnover Chart

Saltbae Capital Annual Data
Trend Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Saltbae Capital Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.12 0.15 0.16

Saltbae Capital Inventory Turnover Calculation

Saltbae Capital's Inventory Turnover for the fiscal year that ended in Sep. 2017 is calculated as

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

Saltbae Capital's Inventory Turnover for the quarter that ended in Mar. 2019 is calculated as

Inventory Turnover (Q: Mar. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2019 ) / ((Total Inventories (Q: Dec. 2018 ) + Total Inventories (Q: Mar. 2019 )) / count )
=1.007 / ((6.225 + 6.718) / 2 )
=1.007 / 6.4715
=0.16

* 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.


Saltbae Capital  (FRA:01X0) 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.

Saltbae Capital's Days Inventory for the three months ended in Mar. 2019 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2019 )/Cost of Goods Sold (Q: Mar. 2019 )*Days in Period
=6.4715/1.007*365 / 4
=586.42

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.

Saltbae Capital's Inventory to Revenue for the quarter that ended in Mar. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2019 ) / Revenue (Q: Mar. 2019 )
=6.4715 / 1.081
=5.99

* 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.


Saltbae Capital Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Saltbae Capital's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Saltbae Capital (FRA:01X0) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 5700, First Canadian Place, Toronto, ON, CAN, M5X 1C7
Saltbae Capital Corp formerly CellCube Energy Storage Systems Inc is a Canadian company which acts as an integrated producer of vanadium and vanadium electrolytes for the energy storage industry. The principal activity is the exploration of its mineral properties in Canada and the United States. The company owns an interest in Bisoni-Mckay Property and Bisoni-Rio Property.

Saltbae Capital (FRA:01X0) Headlines

No Headlines