PPJE (PPJ Healthcare Enterprises) Inventory Turnover: 0.00 (As of Dec. 2009)


What is PPJ Healthcare Enterprises Inventory Turnover?

PPJ Healthcare Enterprises PPJE -98.00% Inventory Turnover is 0.00 as of Dec. 2009.

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. PPJ Healthcare Enterprises's Cost of Goods Sold for the six months ended in Dec. 2009 was $0.00 Mil. PPJ Healthcare Enterprises's Average Total Inventories for the quarter that ended in Dec. 2009 was $0.05 Mil. PPJ Healthcare Enterprises's Inventory Turnover for the quarter that ended in Dec. 2009 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. PPJ Healthcare Enterprises's Inventory-to-Revenue for the quarter that ended in Dec. 2009 was 0.35.

PPJ Healthcare Enterprises  (OTCPK:PPJE) 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.

PPJ Healthcare Enterprises's Days Inventory for the six months ended in Dec. 2009 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2009 )/Cost of Goods Sold (Q: Dec. 2009 )*Days in Period
=0.0525/0*365 / 2
=

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.

PPJ Healthcare Enterprises's Inventory to Revenue for the quarter that ended in Dec. 2009 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2009 ) / Revenue (Q: Dec. 2009 )
=0.0525 / 0.152
=0.35

* 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.

PPJ Healthcare Enterprises Inventory Turnover Related Terms

PPJ Healthcare Enterprises Inventory Turnover Historical Data

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The historical data trend for PPJ Healthcare Enterprises'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.

PPJ Healthcare Enterprises Inventory Turnover Chart

PPJ Healthcare Enterprises Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Inventory Turnover
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

PPJ Healthcare Enterprises Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Inventory Turnover Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

PPJ Healthcare Enterprises Inventory Turnover Calculation

PPJ Healthcare Enterprises's Inventory Turnover for the fiscal year that ended in Dec. 2009 is calculated as

Inventory Turnover (A: Dec. 2009 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2009 ) / ((Total Inventories (A: Dec. 2008 ) + Total Inventories (A: Dec. 2009 )) / count )
=0 / ((0.05 + 0.055) / 2 )
=0 / 0.0525
=0.00

PPJ Healthcare Enterprises's Inventory Turnover for the quarter that ended in Dec. 2009 is calculated as

Inventory Turnover (Q: Dec. 2009 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2009 ) / ((Total Inventories (Q: Dec. 2008 ) + Total Inventories (Q: Dec. 2009 )) / count )
=0 / ((0.05 + 0.055) / 2 )
=0 / 0.0525
=0.00

* 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?
PPJ Healthcare Enterprises (PPJE) has a Inventory Turnover of 0.00 as of Dec. 2009. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on PPJ Healthcare Enterprises and its competitors.
Is PPJ Healthcare Enterprises' Inventory Turnover too high?
PPJ Healthcare Enterprises' current Inventory Turnover is 0.00.
How does PPJ Healthcare Enterprises' Inventory Turnover compare to LOGQ and MDFI?
PPJ Healthcare Enterprises' Inventory Turnover of 0.00 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Inventory Turnover depends on the Healthcare Providers & Services 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 PPJ Healthcare Enterprises and its competitors. PPJ Healthcare Enterprises'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 PPJ Healthcare Enterprises stock overvalued right now?
PPJ Healthcare Enterprises (PPJE) 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 PPJ Healthcare Enterprises (PPJE), the current Inventory Turnover is 0.00 as of Dec. 2009. 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.

PPJ Healthcare Enterprises Business Description

Address 402 Jackson Street, Suite 2340, Tampa, FL, USA, 33602
PPJ Healthcare Enterprises Inc engages in joint venturing with doctors in setting up new practices, marketing, and management of pain management practices and blood culture labs. The company also engages in the development and testing of medical marijuana, medical cannabis products, and medical billing specialties in anesthesiology. The projects of the company include automated biller, medical billing service, pain management center, and Lab testing.