Windflow Technology (Windflow Technology) Inventory Turnover : 0.30 (As of Dec. 2017)

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What is Windflow Technology 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. Windflow Technology's Cost of Goods Sold for the six months ended in Dec. 2017 was $0.51 Mil. Windflow Technology's Average Total Inventories for the quarter that ended in Dec. 2017 was $1.66 Mil. Windflow Technology's Inventory Turnover for the quarter that ended in Dec. 2017 was 0.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Windflow Technology's Days Inventory for the six months ended in Dec. 2017 was 599.18.

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. Windflow Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2017 was 1.88.

Windflow Technology Inventory Turnover Historical Data

The historical data trend for Windflow Technology'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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Windflow Technology Inventory Turnover Chart

Windflow Technology Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Inventory Turnover

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0.23

0.89

0.84

0.26

0.12

Windflow Technology Semi-Annual Data
	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17
Inventory Turnover	Get a 7-Day Free Trial															0.20	0.18	0.70	-0.77	0.30

Windflow Technology Inventory Turnover Calculation

Windflow Technology's Inventory Turnover for the fiscal year that ended in Jun. 2017 is calculated as

	Inventory Turnover (A: Jun. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2017 )	/ (	(Total Inventories (A: Jun. 2016 )	+	Total Inventories (A: Jun. 2017 ))	/	count )
=	0.241	/ (	(2.52	+	1.594)	/	2 )
=	0.241	/	2.057
=	0.12

Windflow Technology's Inventory Turnover for the quarter that ended in Dec. 2017 is calculated as

	Inventory Turnover (Q: Dec. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2017 )	/ (	(Total Inventories (Q: Jun. 2017 )	+	Total Inventories (Q: Dec. 2017 ))	/	count )
=	0.505	/ (	(1.594	+	1.722)	/	2 )
=	0.505	/	1.658
=	0.30

Windflow Technology (GREY:WFLWY) 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.

Windflow Technology's Days Inventory for the six months ended in Dec. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2017 )	/	Cost of Goods Sold (Q: Dec. 2017 )	*	Days in Period
	=	1.658	/	0.505	*	365 / 2
	=	599.18

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.

Windflow Technology's Inventory to Revenue for the quarter that ended in Dec. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2017 )	/	Revenue (Q: Dec. 2017 )
	=	1.658	/	0.88
	=	1.88

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.

Windflow Technology Inventory Turnover Related Terms

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Windflow Technology (Windflow Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Windflow Technology Ltd (GREY:WFLWY) » Definitions » Inventory Turnover

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Address

Website

http://www.windflow.co.nz

Windflow Technology Ltd is engaged in the manufacturing and development of wind turbines. The company operates in two segments namely Wind Turbines segment, Licensing segment, and Corporate segment. Wind Turbines Segment Represents manufacturing, installing, commissioning, selling, operating and maintaining wind turbines and related parts. Licensing Segment includes licensing agreements. And corporate segment includes designing and development of wind turbine and its marketing. Some of its projects include Te Rere Hau, Gebbies Pass, Long Gully and United Kingdom Projects. It generates a majority of its revenue from Wind Turbines. Geographically, the company gets a major share of its revenue from New Zealand.

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