SYNE (Synthesis Energy Systems) Inventory Turnover: 0.00 (As of Dec. 2019)

What is Synthesis Energy Systems Inventory Turnover?

Synthesis Energy Systems SYNE -99.00% 12 Inventory Turnover is 0.00 as of Dec. 2019. GuruFocus rates SYNE with a GF Score™ of 12/100.

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. Synthesis Energy Systems's Cost of Goods Sold for the three months ended in Dec. 2019 was $0.01 Mil. Synthesis Energy Systems's Average Total Inventories for the quarter that ended in Dec. 2019 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Synthesis Energy Systems's Days Inventory for the three months ended in Dec. 2019 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.

Synthesis Energy Systems (OTCPK:SYNE) 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.

Synthesis Energy Systems's Days Inventory for the three months ended in Dec. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2019 )	/	Cost of Goods Sold (Q: Dec. 2019 )	*	Days in Period
	=	0	/	0.014	*	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.

Synthesis Energy Systems's Inventory to Revenue for the quarter that ended in Dec. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2019 )	/	Revenue (Q: Dec. 2019 )
	=	0	/	0
	=

* 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.

Synthesis Energy Systems Inventory Turnover Related Terms

Synthesis Energy Systems Inventory Turnover Historical Data

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The historical data trend for Synthesis Energy Systems's Inventory Turnover can be seen below:

Synthesis Energy Systems Inventory Turnover Chart

Synthesis Energy Systems Annual Data

Trend

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Inventory Turnover

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29.36

1.36

4.89

10.71

0.00

Synthesis Energy Systems Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Inventory Turnover	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

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Synthesis Energy Systems Inc SYNE

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Synthesis Energy Systems Inventory Turnover Calculation

Synthesis Energy Systems's Inventory Turnover for the fiscal year that ended in Jun. 2019 is calculated as

	Inventory Turnover (A: Jun. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2019 )	/ (	(Total Inventories (A: Jun. 2018 )	+	Total Inventories (A: Jun. 2019 ))	/	count )
=	0.258	/ (	(0	+	0)	/	1 )
=	0.258	/	0
=	N/A

Synthesis Energy Systems's Inventory Turnover for the quarter that ended in Dec. 2019 is calculated as

	Inventory Turnover (Q: Dec. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2019 )	/ (	(Total Inventories (Q: Sep. 2019 )	+	Total Inventories (Q: Dec. 2019 ))	/	count )
=	0.014	/ (	(0	+	0)	/	1 )
=	0.014	/	0
=	N/A

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.00 mean?

Synthesis Energy Systems (SYNE) has a Inventory Turnover of 0.00 as of Dec. 2019. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Synthesis Energy Systems and its competitors.

Is Synthesis Energy Systems' Inventory Turnover too high?

Synthesis Energy Systems' current Inventory Turnover is 0.00. Overall, Synthesis Energy Systems has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Synthesis Energy Systems' Inventory Turnover compare to SMGI and ALYE?

Synthesis Energy Systems' Inventory Turnover of 0.00 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?

A good Inventory Turnover depends on the Oil & Gas 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 Synthesis Energy Systems and its competitors. Synthesis Energy Systems'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 Synthesis Energy Systems stock overvalued right now?

Synthesis Energy Systems (SYNE) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Synthesis Energy Systems' overall GF Score™ is 12/100. 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 Synthesis Energy Systems (SYNE), the current Inventory Turnover is 0.00 as of Dec. 2019. 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.

Synthesis Energy Systems Business Description

Industry Energy Oil & Gas

Comparable Companies SMGI ALYE FLSS CRRTQ HOSSQ BANM MARPS DPDW AGTX SAEX SLB BKR HAL SHSE:601808 MIL:TEN XAMS:VPK NOV XKLS:7277 SZSE:002353 SHSE:600968

Address One Riverway, Suite 1700, Houston, TX, USA, 77056

Website http://www.synthesisenergy.com

Synthesis Energy Systems Inc is a US-based clean energy company that develops, builds and owns clean energy projects. The company provides proprietary gasification technology systems and solutions to the energy and chemical industries. Its gasification technology is a flexible, efficient and economic technology used for the production of synthesis gas or syngas which is a mixture of hydrogen, carbon monoxide and methane. Business activities of the company include supplying its proprietary gasification technology, equipment, and services into projects where these lower cost feedstocks can be profitably converted into clean syngas, which can then be used to produce a variety of high-value energy and chemical products.

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