Powin Energy (Powin Energy) Inventory Turnover : 1.35 (As of Sep. 2018)

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What is Powin Energy 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. Powin Energy's Cost of Goods Sold for the three months ended in Sep. 2018 was $3.52 Mil. Powin Energy's Average Total Inventories for the quarter that ended in Sep. 2018 was $2.61 Mil. Powin Energy's Inventory Turnover for the quarter that ended in Sep. 2018 was 1.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Powin Energy's Days Inventory for the three months ended in Sep. 2018 was 67.77.

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. Powin Energy's Inventory-to-Revenue for the quarter that ended in Sep. 2018 was 0.61.

Powin Energy Inventory Turnover Historical Data

The historical data trend for Powin Energy'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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Powin Energy Inventory Turnover Chart

Powin Energy Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Inventory Turnover

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8.27

4.59

0.13

0.47

7.95

Powin Energy Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Inventory Turnover	Get a 7-Day Free Trial															0.19	16.10	20.16	-	1.35

Powin Energy Inventory Turnover Calculation

Powin Energy'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 )
=	6.406	/ (	(1.3	+	0.311)	/	2 )
=	6.406	/	0.8055
=	7.95

Powin Energy's Inventory Turnover for the quarter that ended in Sep. 2018 is calculated as

	Inventory Turnover (Q: Sep. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2018 )	/ (	(Total Inventories (Q: Jun. 2018 )	+	Total Inventories (Q: Sep. 2018 ))	/	count )
=	3.515	/ (	(2.798	+	2.423)	/	2 )
=	3.515	/	2.6105
=	1.35

Powin Energy (OTCPK:PWON) 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.

Powin Energy's Days Inventory for the three months ended in Sep. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2018 )	/	Cost of Goods Sold (Q: Sep. 2018 )	*	Days in Period
	=	2.6105	/	3.515	*	365 / 4
	=	67.77

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.

Powin Energy's Inventory to Revenue for the quarter that ended in Sep. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2018 )	/	Revenue (Q: Sep. 2018 )
	=	2.6105	/	4.291
	=	0.61

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.

Powin Energy Inventory Turnover Related Terms

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Powin Energy (Powin Energy) Business Description

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Address

20550 South West 115th Avenue, Tualatin, OR, USA, 97062

Website

http://www.powinenergy.com

Powin Energy Corp is a designer and developer of safe and scalable energy storage solutions for utilities and microgrid. The company is focused on the rapidly growing advanced energy storage industry, supported by its patented Battery Pack Operating System. The company's BESS is the battery storage system gives multi-layer visibility into the health of their energy storage system - down to the cell level - through its patented Battery Pack Operating System. It is also the only portable large-scale energy storage system, giving facilities managers unprecedented flexibility in how, where, and when their storage system is deployed.

Executives

Craig S. Eastwood

officer: Chief Financial Officer

1111 MAIN STREET, SUITE 660, VANCOUVER WA 98660

Powin Energy (Powin Energy) Headlines

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