IGSC (IGS Capital Group) Inventory Turnover: 2.54 (As of Dec. 2017)


What is IGS Capital Group Inventory Turnover?

IGS Capital Group IGSC -11.20% Inventory Turnover is 2.54 as of Dec. 2017.

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. IGS Capital Group's Cost of Goods Sold for the three months ended in Dec. 2017 was $0.07 Mil. IGS Capital Group's Average Total Inventories for the quarter that ended in Dec. 2017 was $0.03 Mil. IGS Capital Group's Inventory Turnover for the quarter that ended in Dec. 2017 was 2.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IGS Capital Group's Days Inventory for the three months ended in Dec. 2017 was 35.95.

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. IGS Capital Group's Inventory-to-Revenue for the quarter that ended in Dec. 2017 was 0.34.

IGS Capital Group  (OTCPK:IGSC) 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.

IGS Capital Group's Days Inventory for the three months ended in Dec. 2017 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2017 )/Cost of Goods Sold (Q: Dec. 2017 )*Days in Period
=0.026/0.066*365 / 4
=35.95

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.

IGS Capital Group's Inventory to Revenue for the quarter that ended in Dec. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2017 ) / Revenue (Q: Dec. 2017 )
=0.026 / 0.077
=0.34

* 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.

IGS Capital Group Inventory Turnover Related Terms

IGS Capital Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for IGS Capital Group'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.

IGS Capital Group Inventory Turnover Chart

IGS Capital Group Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 3.27

IGS Capital Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 2.54

IGS Capital Group Inventory Turnover Calculation

IGS Capital Group's Inventory Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Inventory Turnover (A: Dec. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2017 ) / ((Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count )
=0.085 / ((0 + 0.026) / 1 )
=0.085 / 0.026
=3.27

IGS Capital Group's Inventory Turnover for the quarter that ended in Dec. 2017 is calculated as

Inventory Turnover (Q: Dec. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2017 ) / ((Total Inventories (Q: Sep. 2017 ) + Total Inventories (Q: Dec. 2017 )) / count )
=0.066 / ((0 + 0.026) / 1 )
=0.066 / 0.026
=2.54

* 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 2.54 mean?
IGS Capital Group (IGSC) has a Inventory Turnover of 2.54 as of Dec. 2017. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on IGS Capital Group and its competitors.
Is IGS Capital Group's Inventory Turnover too high?
IGS Capital Group's current Inventory Turnover is 2.54.
How does IGS Capital Group's Inventory Turnover compare to PUSH and IFMK?
IGS Capital Group's Inventory Turnover of 2.54 can be compared against companies in the Building Materials 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 Building Materials company?
A good Inventory Turnover depends on the Building Materials 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 IGS Capital Group and its competitors. IGS Capital Group's current Inventory Turnover is 2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGS Capital Group stock overvalued right now?
IGS Capital Group (IGSC) has a current Inventory Turnover of 2.54. The current Inventory Turnover is 2.54. 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 IGS Capital Group (IGSC), the current Inventory Turnover is 2.54 as of Dec. 2017. 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.

IGS Capital Group Business Description

Address 7121 West Craig Road, Suite 113 PMB 1010, Las Vegas, NV, USA, 89129
IGS Capital Group Ltd operates through its subsidiary, which is engaged in the manufacturing of plastic pipes for various uses such was drinking water, storm and sewer.