GRNL (Greenlite Ventures) Inventory Turnover: 0.00 (As of Dec. 2012)

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What is Greenlite Ventures Inventory Turnover?

Greenlite Ventures GRNL Inventory Turnover is 0.00 as of Dec. 2012.

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. Greenlite Ventures's Cost of Goods Sold for the three months ended in Dec. 2012 was $0.00 Mil. Greenlite Ventures's Average Total Inventories for the quarter that ended in Dec. 2012 was $0.00 Mil.

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.

Greenlite Ventures  (OTCPK:GRNL) 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.

Greenlite Ventures's Days Inventory for the three months ended in Dec. 2012 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2012 )/Cost of Goods Sold (Q: Dec. 2012 )*Days in Period
=0/0*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.

Greenlite Ventures's Inventory to Revenue for the quarter that ended in Dec. 2012 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2012 ) / Revenue (Q: Dec. 2012 )
=0 / 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.

Greenlite Ventures Inventory Turnover Related Terms

Greenlite Ventures Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Greenlite Ventures'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.

Greenlite Ventures Inventory Turnover Chart

Greenlite Ventures Annual Data
Trend Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Greenlite Ventures Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 0.00 0.00 0.00 0.00 0.00

Greenlite Ventures Inventory Turnover Calculation

Greenlite Ventures's Inventory Turnover for the fiscal year that ended in Mar. 2012 is calculated as

Inventory Turnover (A: Mar. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2012 ) / ((Total Inventories (A: Mar. 2011 ) + Total Inventories (A: Mar. 2012 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Greenlite Ventures's Inventory Turnover for the quarter that ended in Dec. 2012 is calculated as

Inventory Turnover (Q: Dec. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2012 ) / ((Total Inventories (Q: Sep. 2012 ) + Total Inventories (Q: Dec. 2012 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Greenlite Ventures (GRNL) has a Inventory Turnover of 0.00 as of Dec. 2012. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Greenlite Ventures and its competitors.
Is Greenlite Ventures' Inventory Turnover too high?
Greenlite Ventures' current Inventory Turnover is 0.00.
How does Greenlite Ventures' Inventory Turnover compare to OCLN and HDII?
Greenlite Ventures' Inventory Turnover of 0.00 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Inventory Turnover depends on the Manufacturing - Apparel & Accessories 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 Greenlite Ventures and its competitors. Greenlite Ventures'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 Greenlite Ventures stock overvalued right now?
Greenlite Ventures (GRNL) 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 Greenlite Ventures (GRNL), the current Inventory Turnover is 0.00 as of Dec. 2012. 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.

Greenlite Ventures Business Description

Address 1407 Foothill boulevard, Suite 305, La Verne, CA, USA, 91750
Greenlite Ventures Inc acquired Artinian LLC which owns Game Time Watches and Game Time Band, a manufacturer and designer of sports licensed watches and watch bands. The Company is conducting active operations as per the Assets Purchase Agreement in both Tarrytown, NY and Boca Raton, Florida. The company earns revenue from the sale of watches, the sale of watch bands, and licensing fees. The Company launched its podcast operations with the airing of DeForrest's Morning Briefing show alongside focusing on developing transformative software and crypto solutions for the gaming and crypto industries.