GRHPQ.PFD (GreenHunter Resources) Inventory Turnover : 1.73 (As of Sep. 2015)

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What is GreenHunter Resources 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. GreenHunter Resources's Cost of Goods Sold for the three months ended in Sep. 2015 was $2.55 Mil. GreenHunter Resources's Average Total Inventories for the quarter that ended in Sep. 2015 was $1.48 Mil. GreenHunter Resources's Inventory Turnover for the quarter that ended in Sep. 2015 was 1.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GreenHunter Resources's Days Inventory for the three months ended in Sep. 2015 was 52.80.

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. GreenHunter Resources's Inventory-to-Revenue for the quarter that ended in Sep. 2015 was 0.33.

GreenHunter Resources Inventory Turnover Historical Data

The historical data trend for GreenHunter Resources'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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GreenHunter Resources Inventory Turnover Chart

GreenHunter Resources Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Inventory Turnover

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233.90

21.47

GreenHunter Resources Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Inventory Turnover	Get a 7-Day Free Trial															1.76	2.06	2.19	1.79	1.73

GreenHunter Resources Inventory Turnover Calculation

GreenHunter Resources'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 )
=	18.282	/ (	(0.082	+	1.621)	/	2 )
=	18.282	/	0.8515
=	21.47

GreenHunter Resources's Inventory Turnover for the quarter that ended in Sep. 2015 is calculated as

	Inventory Turnover (Q: Sep. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2015 )	/ (	(Total Inventories (Q: Jun. 2015 )	+	Total Inventories (Q: Sep. 2015 ))	/	count )
=	2.551	/ (	(1.476	+	1.476)	/	2 )
=	2.551	/	1.476
=	1.73

GreenHunter Resources (OTCPK:GRHPQ.PFD) 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.

GreenHunter Resources's Days Inventory for the three months ended in Sep. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2015 )	/	Cost of Goods Sold (Q: Sep. 2015 )	*	Days in Period
	=	1.476	/	2.551	*	365 / 4
	=	52.80

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.

GreenHunter Resources's Inventory to Revenue for the quarter that ended in Sep. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2015 )	/	Revenue (Q: Sep. 2015 )
	=	1.476	/	4.492
	=	0.33

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.

GreenHunter Resources Inventory Turnover Related Terms

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GreenHunter Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GreenHunter Resources Inc (OTCPK:GRHPQ.PFD) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.greenhunterenergy.com

GreenHunter Resources Inc through its subsidiary, GreenHunter Water, LLC, provides Total Water Management Solutions to oil and gas operators who are active in the Marcellus, Eagle Ford and Bakken shale plays.

Executives

Kirk Trosclair	officer: Exec VP and COO	1048 TEXAN TRAIL, GRAPEVINE TX 76051
Ronald Mcclung	officer: CFO	1048 TEXAN TRAIL, GRAPEVINE TX 76051
Ronlad H Walker	director	135335 N PLACITA MONTANAS DE ORO, TUCSON AZ 85737
Roy Ernest Easley	director	1048 TEXAN TRAIL, GRAPEVINE TX 76051
Julie Silcock	director
Evans Equities, Lp	10 percent owner	PO BOX 540308, DALLAS TX 75354
Ronald D Ormand	director	11622 MONICA STREET, HOUSTON TX 77024
Jonathan David Hoopes	director, officer: PRESIDENT AND COO	1048 TEXAN TRAIL, GRAPEVINE TX 76051
Investment Hunter Llc	10 percent owner	PO BOX 540308, DALLAS TX 75354
Gary C Evans	director, officer: CEO, President & Chairman	1048 TEXAN TRAIL, GRAPEVINE TX 76051
James R. Sasser	director	1048 TEXAN TRAIL, GRAPEVINE TX 76051
Lance W Helfert	10 percent owner	2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001
Paul J Orfalea	10 percent owner	2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001
West Coast Asset Management Inc	10 percent owner	1205 COAST VILLAGE ROAD, MONTECITO CA 93108
West Coast Opportunity Fund Llc	10 percent owner	C/O WEST COAST ASSET MANAGEMENT INC, 2151 ALESANDRO DRIVE, SUITE 100, VENTURA CA 93001

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