GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Integrated Environmental Technologies Ltd (OTCPK:IEVM) » Definitions » Inventory Turnover

Integrated Environmental Technologies (Integrated Environmental Technologies) Inventory Turnover : 0.17 (As of Sep. 2016)


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

What is Integrated Environmental Technologies 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. Integrated Environmental Technologies's Cost of Goods Sold for the three months ended in Sep. 2016 was $0.02 Mil. Integrated Environmental Technologies's Average Total Inventories for the quarter that ended in Sep. 2016 was $0.11 Mil. Integrated Environmental Technologies's Inventory Turnover for the quarter that ended in Sep. 2016 was 0.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Integrated Environmental Technologies's Days Inventory for the three months ended in Sep. 2016 was 522.41.

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. Integrated Environmental Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2016 was 2.04.

Integrated Environmental Technologies Inventory Turnover Historical Data

The historical data trend for Integrated Environmental Technologies'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.

Integrated Environmental Technologies Inventory Turnover Chart

Integrated Environmental Technologies Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.17 0.28 0.48 2.15

Integrated Environmental Technologies Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 0.40 0.68 0.14 0.29 0.17

Integrated Environmental Technologies Inventory Turnover Calculation

Integrated Environmental Technologies's Inventory Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Inventory Turnover (A: Dec. 2015 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2015 ) / ((Total Inventories (A: Dec. 2014 ) + Total Inventories (A: Dec. 2015 )) / count )
=0.238 / ((0.118 + 0.103) / 2 )
=0.238 / 0.1105
=2.15

Integrated Environmental Technologies's Inventory Turnover for the quarter that ended in Sep. 2016 is calculated as

Inventory Turnover (Q: Sep. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2016 ) / ((Total Inventories (Q: Jun. 2016 ) + Total Inventories (Q: Sep. 2016 )) / count )
=0.02 / ((0.104 + 0.125) / 2 )
=0.02 / 0.1145
=0.17

* 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.

Integrated Environmental Technologies  (OTCPK:IEVM) 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.

Integrated Environmental Technologies's Days Inventory for the three months ended in Sep. 2016 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2016 )/Cost of Goods Sold (Q: Sep. 2016 )*Days in Period
=0.1145/0.02*365 / 4
=522.41

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.

Integrated Environmental Technologies's Inventory to Revenue for the quarter that ended in Sep. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2016 ) / Revenue (Q: Sep. 2016 )
=0.1145 / 0.056
=2.04

* 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.

Integrated Environmental Technologies Inventory Turnover Related Terms

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

Integrated Environmental Technologies (Integrated Environmental Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Integrated Environmental Technologies Ltd (OTCPK:IEVM) » Definitions » Inventory Turnover
Comparable Companies
IPKSF ARGEF GLTC LTBR EVLLF CTDH BLGO KMRAF BIOA TTTRF TREC LXU FF WLKP RYAM NXEO OCIP AECLF SHLM ASIX
Traded in Other Exchanges
N/A
Address
4235 Commerce Street, Little River, SC, USA, 29566
Website
http://www.ecotreatments.com
Integrated Environmental Technologies Ltd is a US based company engaged in the production of a hypochlorous acid based solution, commonly known as anolyte and anti-oxidizing, mildly alkaline solution, commonly known as catholyte. It markets anolyte under the brand name Excelyte and catholyte under the brand name Catholyte Zero. The group also manufactures equipment to produce Excelyte and Catholyte Zero. It sells the products to customers in the oil and gas industry and in other industries. Its oil and gas customers are located in Utah, New Mexico and Texas and the other customers are located in the geographical regions throughout the US. The firm segments its activities in the oil and gas business into three categories, Well Maintenance, Drilling and Completions and Water Remediation.
Executives
Lavance David R Jr director, officer: President and CEO C/O HOLOGIC, INC., BEDFORD MA 01730
Anthony Iii Giordano director 4 KELLY LANE, LONG BRANCH NJ 07740
Kubacki Raymond C Jr director 125 NAGOG PARK, ACTON MA 01720
William E Prince director, officer: President & CEO
Paul Branagan other: Former Director of the Company
Gary Grieco 10 percent owner 10457 W. 84TH TERRACE, LENEXA KS 66214

Integrated Environmental Technologies (Integrated Environmental Technologies) Headlines

No Headlines