SOPV (Solar Park Initiatives) Inventory Turnover: 0.00 (As of Jun. 2011)


What is Solar Park Initiatives Inventory Turnover?

Solar Park Initiatives SOPV -90.00% Inventory Turnover is 0.00 as of Jun. 2011.

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. Solar Park Initiatives's Cost of Goods Sold for the three months ended in Jun. 2011 was $0.02 Mil. Solar Park Initiatives's Average Total Inventories for the quarter that ended in Jun. 2011 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Solar Park Initiatives's Days Inventory for the three months ended in Jun. 2011 was 0.00.

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. Solar Park Initiatives's Inventory-to-Revenue for the quarter that ended in Jun. 2011 was 0.00.

Solar Park Initiatives  (OTCPK:SOPV) 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.

Solar Park Initiatives's Days Inventory for the three months ended in Jun. 2011 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2011 )/Cost of Goods Sold (Q: Jun. 2011 )*Days in Period
=0/0.015*365 / 4
=0.00

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.

Solar Park Initiatives's Inventory to Revenue for the quarter that ended in Jun. 2011 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2011 ) / Revenue (Q: Jun. 2011 )
=0 / 0.039
=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.

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.

Solar Park Initiatives Inventory Turnover Related Terms

Solar Park Initiatives Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Solar Park Initiatives'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.

Solar Park Initiatives Inventory Turnover Chart

Solar Park Initiatives Annual Data
Trend Sep08 Sep09 Sep10
Inventory Turnover
0.00 0.00 0.00

Solar Park Initiatives Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Solar Park Initiatives Inventory Turnover Calculation

Solar Park Initiatives's Inventory Turnover for the fiscal year that ended in Sep. 2010 is calculated as

Inventory Turnover (A: Sep. 2010 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2010 ) / ((Total Inventories (A: Sep. 2009 ) + Total Inventories (A: Sep. 2010 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Solar Park Initiatives's Inventory Turnover for the quarter that ended in Jun. 2011 is calculated as

Inventory Turnover (Q: Jun. 2011 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2011 ) / ((Total Inventories (Q: Mar. 2011 ) + Total Inventories (Q: Jun. 2011 )) / count )
=0.015 / ((0 + 0) / 1 )
=0.015 / 0
=N/A

* 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?
Solar Park Initiatives (SOPV) has a Inventory Turnover of 0.00 as of Jun. 2011. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Solar Park Initiatives and its competitors.
Is Solar Park Initiatives' Inventory Turnover too high?
Solar Park Initiatives' current Inventory Turnover is 0.00.
How does Solar Park Initiatives' Inventory Turnover compare to ABCE and LIBE?
Solar Park Initiatives' Inventory Turnover of 0.00 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Inventory Turnover depends on the Semiconductors 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 Solar Park Initiatives and its competitors. Solar Park Initiatives'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 Solar Park Initiatives stock overvalued right now?
Solar Park Initiatives (SOPV) 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 Solar Park Initiatives (SOPV), the current Inventory Turnover is 0.00 as of Jun. 2011. 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.

Solar Park Initiatives Business Description

Address 2500 Regency Parkway, Suite 200, Cary, NC, USA, 27518
Solar Park Initiatives Inc is a professional services and engineering firm providing renewable energy through photovoltaic and solar thermal technologies.