Robix Environmental Technologies (XCNQ:RZX) Inventory Turnover : 0.00 (As of Sep. 2017)

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What is Robix Environmental Technologies 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. Robix Environmental Technologies's Cost of Goods Sold for the three months ended in Sep. 2017 was C$0.00 Mil. Robix Environmental Technologies's Average Total Inventories for the quarter that ended in Sep. 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.

Robix Environmental Technologies Inventory Turnover Historical Data

The historical data trend for Robix Environmental Technologies'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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Robix Environmental Technologies Inventory Turnover Chart

Robix Environmental Technologies Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Inventory Turnover

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Robix Environmental Technologies Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Robix Environmental Technologies Inventory Turnover Calculation

Robix Environmental Technologies's Inventory Turnover for the fiscal year that ended in Dec. 2016 is calculated as

	Inventory Turnover (A: Dec. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2016 )	/ (	(Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2016 ))	/	count )
=	0.045	/ (	(0	+	0)	/	1 )
=	0.045	/	0
=	N/A

Robix Environmental Technologies's Inventory Turnover for the quarter that ended in Sep. 2017 is calculated as

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

Robix Environmental Technologies (XCNQ:RZX) 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.

Robix Environmental Technologies's Days Inventory for the three months ended in Sep. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2017 )	/	Cost of Goods Sold (Q: Sep. 2017 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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.

Robix Environmental Technologies's Inventory to Revenue for the quarter that ended in Sep. 2017 is calculated as

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

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.

Robix Environmental Technologies Inventory Turnover Related Terms

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Robix Environmental Technologies (XCNQ:RZX) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Robix Environmental Technologies Inc (XCNQ:RZX) » Definitions » Inventory Turnover

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Address

1406 3rd Avenue South, Bay 3, Lethbridge, AB, CAN, T1J 0K6

Website

http://www.robixfuels.com

Robix Environmental Technologies Inc is focused on providing oil recovery equipment and oil and gas wastewater treatment products. The company operates in two segments namely Clean Ocean Vessel and Water Treatment Technology. It generates its revenue from Clean Ocean Vessel.

Robix Environmental Technologies (XCNQ:RZX) Headlines

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