Oakridge Global Energy Solutions (Oakridge Global Energy Solutions) Inventory Turnover : 0.00 (As of Jun. 2016)

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What is Oakridge Global Energy Solutions 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. Oakridge Global Energy Solutions's Cost of Goods Sold for the three months ended in Jun. 2016 was $0.00 Mil. Oakridge Global Energy Solutions's Average Total Inventories for the quarter that ended in Jun. 2016 was $1.66 Mil. Oakridge Global Energy Solutions's Inventory Turnover for the quarter that ended in Jun. 2016 was 0.00.

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.

Oakridge Global Energy Solutions Inventory Turnover Historical Data

The historical data trend for Oakridge Global Energy Solutions'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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Oakridge Global Energy Solutions Inventory Turnover Chart

Oakridge Global Energy Solutions Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Inventory Turnover

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0.46

0.01

Oakridge Global Energy Solutions Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Inventory Turnover	Get a 7-Day Free Trial															0.01	0.01	-	0.07	-

Oakridge Global Energy Solutions Inventory Turnover Calculation

Oakridge Global Energy Solutions'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 )
=	0.023	/ (	(0.122	+	2.988)	/	2 )
=	0.023	/	1.555
=	0.01

Oakridge Global Energy Solutions's Inventory Turnover for the quarter that ended in Jun. 2016 is calculated as

	Inventory Turnover (Q: Jun. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2016 )	/ (	(Total Inventories (Q: Mar. 2016 )	+	Total Inventories (Q: Jun. 2016 ))	/	count )
=	0	/ (	(2.982	+	0.338)	/	2 )
=	0	/	1.66
=	0.00

Oakridge Global Energy Solutions (GREY:OGES) 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.

Oakridge Global Energy Solutions's Days Inventory for the three months ended in Jun. 2016 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2016 )	/	Cost of Goods Sold (Q: Jun. 2016 )	*	Days in Period
	=	1.66	/	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.

Oakridge Global Energy Solutions's Inventory to Revenue for the quarter that ended in Jun. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2016 )	/	Revenue (Q: Jun. 2016 )
	=	1.66	/	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.

Oakridge Global Energy Solutions Inventory Turnover Related Terms

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Oakridge Global Energy Solutions (Oakridge Global Energy Solutions) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Oakridge Global Energy Solutions Inc (GREY:OGES) » Definitions » Inventory Turnover

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Address

3520 Dixie Highway North East, Palm Bay, FL, USA, 32905

Website

http://www.oakridgeglobalenergy.com

Oakridge Global Energy Solutions Inc is an energy storage solution provider. It is engaged in producing battery systems that comprise large and small format prismatic lithium cells, which are manufactured using its formulas and engineered battery management systems. The company's principal products include lithium ion large format prismatic cells, small format prismatic cells and battery modules made from these cells. These batteries include a battery management system, BMS, to optimize their performance and control their re-charging functionality.

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