Innovest Global (Innovest Global) Inventory Turnover : 0.00 (As of Jun. 2009)

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What is Innovest Global 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. Innovest Global's Cost of Goods Sold for the three months ended in Jun. 2009 was $0.00 Mil. Innovest Global's Average Total Inventories for the quarter that ended in Jun. 2009 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.

Innovest Global Inventory Turnover Historical Data

The historical data trend for Innovest Global'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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Innovest Global Inventory Turnover Chart

Innovest Global Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Inventory Turnover

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62.77

447.00

556.00

876.00

Innovest Global Quarterly Data
	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09
Inventory Turnover	Get a 7-Day Free Trial															293.00	-	-	-	-

Innovest Global Inventory Turnover Calculation

Innovest Global's Inventory Turnover for the fiscal year that ended in Dec. 2008 is calculated as

	Inventory Turnover (A: Dec. 2008 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2008 )	/ (	(Total Inventories (A: Dec. 2007 )	+	Total Inventories (A: Dec. 2008 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Innovest Global's Inventory Turnover for the quarter that ended in Jun. 2009 is calculated as

	Inventory Turnover (Q: Jun. 2009 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2009 )	/ (	(Total Inventories (Q: Mar. 2009 )	+	Total Inventories (Q: Jun. 2009 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Innovest Global (OTCPK:IVST) 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.

Innovest Global's Days Inventory for the three months ended in Jun. 2009 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2009 )	/	Cost of Goods Sold (Q: Jun. 2009 )	*	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.

Innovest Global's Inventory to Revenue for the quarter that ended in Jun. 2009 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2009 )	/	Revenue (Q: Jun. 2009 )
	=	0	/	0
	=

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.

Innovest Global Inventory Turnover Related Terms

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Innovest Global (Innovest Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Innovest Global Inc (OTCPK:IVST) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

8834 Mayfield Road, Chesterland, OH, USA, 44026

Website

https://www.innovestglobal.com

Innovest Global Inc is a diversified Industrial company. It operates in six segments: Energy Solutions, which provides an all-in-one offering of procurement and efficiency solutions for commercial and industrial customers, including LED lighting and retrofits; Energy Brokerage segment provides competitive electricity and natural gas purchase programs for residential and commercial consumers; Call Center Services; Building Solutions segment designs, engineers, tests and assembles curtainwall systems or other building solutions used in large custom construction projects; Wholesale Purchasing, which acts as a national distributor of roofing, windows, fasteners, and associated tools and accessories; and Others segment.