Uranerz Energy (FRA:U9E) Inventory Turnover : 0.95 (As of Mar. 2015)

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What is Uranerz Energy 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. Uranerz Energy's Cost of Goods Sold for the three months ended in Mar. 2015 was €1.77 Mil. Uranerz Energy's Average Total Inventories for the quarter that ended in Mar. 2015 was €1.87 Mil. Uranerz Energy's Inventory Turnover for the quarter that ended in Mar. 2015 was 0.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Uranerz Energy's Days Inventory for the three months ended in Mar. 2015 was 96.42.

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. Uranerz Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2015 was 0.59.

Uranerz Energy Inventory Turnover Historical Data

The historical data trend for Uranerz Energy'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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Uranerz Energy Inventory Turnover Chart

Uranerz Energy Annual Data

Trend

Dec05

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Dec14

Inventory Turnover

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3.18

Uranerz Energy Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Inventory Turnover	Get a 7-Day Free Trial															-	3.17	2.35	2.27	0.95

Uranerz Energy Inventory Turnover Calculation

Uranerz Energy's Inventory Turnover for the fiscal year that ended in Dec. 2014 is calculated as

	Inventory Turnover (A: Dec. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2014 )	/ (	(Total Inventories (A: Dec. 2013 )	+	Total Inventories (A: Dec. 2014 ))	/	count )
=	5.04	/ (	(0	+	1.587)	/	1 )
=	5.04	/	1.587
=	3.18

Uranerz Energy's Inventory Turnover for the quarter that ended in Mar. 2015 is calculated as

	Inventory Turnover (Q: Mar. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2015 )	/ (	(Total Inventories (Q: Dec. 2014 )	+	Total Inventories (Q: Mar. 2015 ))	/	count )
=	1.766	/ (	(1.587	+	2.145)	/	2 )
=	1.766	/	1.866
=	0.95

Uranerz Energy (FRA:U9E) 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.

Uranerz Energy's Days Inventory for the three months ended in Mar. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2015 )	/	Cost of Goods Sold (Q: Mar. 2015 )	*	Days in Period
	=	1.866	/	1.766	*	365 / 4
	=	96.42

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.

Uranerz Energy's Inventory to Revenue for the quarter that ended in Mar. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2015 )	/	Revenue (Q: Mar. 2015 )
	=	1.866	/	3.142
	=	0.59

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.

Uranerz Energy Inventory Turnover Related Terms

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Uranerz Energy (FRA:U9E) Business Description

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Website

http://www.uranerz.com

Uranerz Energy Corp was incorporated under the laws of the State of Nevada on May 26, 1999. On July 5, 2005, it changed its name from Carleton Ventures Corp. to Uranerz Energy Corporation. The Company is an exploration stage company engaged in the acquisition, exploration and, if warranted, development of uranium properties. It is a United States based uranium company focused on constructing an in-situ recovery uranium facility. ISR is a mining process that uses a leaching solution to extract uranium from underground sandstone-hosted uranium deposits, it is the generally accepted extraction technology used in the Powder River Basin area of Wyoming. It is principally focused on the exploitation of its properties in the Powder River Basin. The commercial use of uranium is to fuel nuclear power plants for the generation of electricity. All the uranium produced from its mines will be used to generate electricity. The Company competes with other mining and exploration companies in connection with the acquisition of uranium mineral properties and the equipment, materials and personnel necessary to explore and develop such properties. Its exploration and production activities are subject to certain federal and state laws and regulations relating to environmental quality and pollution control.

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