Ecoloclean Industries (Ecoloclean Industries) Total Inventories : $0.19 Mil (As of Jun. 2006)

View and export this data going back to . Start your Free Trial

What is Ecoloclean Industries Total Inventories?

Ecoloclean Industries's total inventories for the quarter that ended in Jun. 2006 was $0.19 Mil. Ecoloclean Industries's average total inventories from the quarter that ended in Mar. 2006 to the quarter that ended in Jun. 2006 was $0.18 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ecoloclean Industries's Net-Net Working Capital per share for the quarter that ended in Jun. 2006 was $-0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ecoloclean Industries's Days Inventory for the three months ended in Jun. 2006 was 201.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ecoloclean Industries's Inventory Turnover for the quarter that ended in Jun. 2006 was 0.45.

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. Ecoloclean Industries's Inventory-to-Revenue for the quarter that ended in Jun. 2006 was 2.48.

Ecoloclean Industries Total Inventories Historical Data

The historical data trend for Ecoloclean Industries's Total Inventories 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.

* Premium members only.

Ecoloclean Industries Total Inventories Chart

Ecoloclean Industries Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Total Inventories

0.26

0.08

Ecoloclean Industries Quarterly Data
	Dec01	Sep02	Dec02	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06
Total Inventories	Get a 7-Day Free Trial										-	0.21	0.08	0.18	0.19

Ecoloclean Industries Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Ecoloclean Industries (OTCPK:ECCI) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Ecoloclean Industries's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2006 is

	Net-Net Working Capital Per Share (Q: Jun. 2006 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.009	+	0.75 * 0.119	+	0.5 * 0.187	-	3.454
-	0	-	0)	/	58.0901
=	-0.06

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Ecoloclean Industries's Days Inventory for the three months ended in Jun. 2006 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2006 )	/	Cost of Goods Sold (Q: Jun. 2006 )	*	Days in Period
	=	0.181	/	0.082	*	365 / 4
	=	201.42

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Ecoloclean Industries's Inventory Turnover for the quarter that ended in Jun. 2006 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2006 )	/	Average Total Inventories (Q: Jun. 2006 )
	=	0.082	/	0.181
	=	0.45

4. 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.

Ecoloclean Industries's Inventory to Revenue for the quarter that ended in Jun. 2006 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2006 )	/	Revenue (Q: Jun. 2006 )
	=	0.181	/	0.073
	=	2.48

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Ecoloclean Industries Total Inventories Related Terms

Thank you for viewing the detailed overview of Ecoloclean Industries's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Ecoloclean Industries (Ecoloclean Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Ecoloclean Industries Inc (OTCPK:ECCI) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

2242 South Highway #83, Crystal City, TX, USA, 78839

Website

http://www.ecoloclean.com

Ecoloclean Industries Inc is a manufacturer of water remediation products, used in industrial and municipal treatment plants and similar operations.

Executives

Michael R Ward

director, 10 percent owner, officer: Secretary & Treasurer

13707 BLUFF GATE SAN ANTONIO TX 78216

Ecoloclean Industries (Ecoloclean Industries) Headlines

No Headlines