Utility (TSX:UTC.C) Inventory Turnover: 0.00 (As of Nov. 2017)


What is Utility Inventory Turnover?

Utility TSX:UTC.C Inventory Turnover is 0.00 as of Nov. 2017.

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. Utility's Cost of Goods Sold for the six months ended in Nov. 2017 was C$0.00 Mil. Utility's Average Total Inventories for the quarter that ended in Nov. 2017 was C$0.00 Mil.

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. Utility's Inventory-to-Revenue for the quarter that ended in Nov. 2017 was 0.00.

Utility  (TSX:UTC.C) 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.

Utility's Days Inventory for the six months ended in Nov. 2017 is calculated as:

Days Inventory =Average Total Inventories (Q: Nov. 2017 )/Cost of Goods Sold (Q: Nov. 2017 )*Days in Period
=0/0*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.

Utility's Inventory to Revenue for the quarter that ended in Nov. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2017 ) / Revenue (Q: Nov. 2017 )
=0 / 1.253
=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.

Utility Inventory Turnover Related Terms

Utility Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Utility'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.

Utility Inventory Turnover Chart

Utility Annual Data
Trend May08 May09 May10 May11 May12 May13 May14 May15 May16 May17
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Utility Semi-Annual Data
May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 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

Utility Inventory Turnover Calculation

Utility's Inventory Turnover for the fiscal year that ended in May. 2017 is calculated as

Inventory Turnover (A: May. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: May. 2017 ) / ((Total Inventories (A: May. 2016 ) + Total Inventories (A: May. 2017 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Utility's Inventory Turnover for the quarter that ended in Nov. 2017 is calculated as

Inventory Turnover (Q: Nov. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Nov. 2017 ) / ((Total Inventories (Q: May. 2017 ) + Total Inventories (Q: Nov. 2017 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 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?
Utility (TSX:UTC.C) has a Inventory Turnover of 0.00 as of Nov. 2017. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Utility and its competitors.
Is Utility's Inventory Turnover too high?
Utility's current Inventory Turnover is 0.00.
How does Utility's Inventory Turnover compare to PHCF?
Utility's Inventory Turnover of 0.00 can be compared against companies in the Asset Management 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 Asset Management company?
A good Inventory Turnover depends on the Asset Management 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 Utility and its competitors. Utility'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 Utility stock overvalued right now?
Utility (TSX:UTC.C) 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 Utility (TSX:UTC.C), the current Inventory Turnover is 0.00 as of Nov. 2017. 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.

Utility Business Description

Address 40 King Street West, P.O. Box 4085, Scotia Plaza, 26th Floor, Toronto, ON, CAN, M5W 2X6
Utility Corp is a mutual fund corporation. The company holds a diversified investment portfolio (the Portfolio) of common shares (the Portfolio Shares) of selected Canadian electrical, power and utility and telecommunication companies in order to provide investors (the Shareholders) with a stable monthly dividend stream and capital appreciation potential.