Circle Entertainment (Circle Entertainment) Inventory Turnover : 0.00 (As of Dec. 2014)

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What is Circle Entertainment 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. Circle Entertainment's Cost of Goods Sold for the three months ended in Dec. 2014 was $0.00 Mil. Circle Entertainment's Average Total Inventories for the quarter that ended in Dec. 2014 was $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.

Circle Entertainment Inventory Turnover Historical Data

The historical data trend for Circle Entertainment'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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Circle Entertainment Inventory Turnover Chart

Circle Entertainment Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

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Dec10

Dec11

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Dec13

Dec14

Inventory Turnover

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Circle Entertainment Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Circle Entertainment Inventory Turnover Calculation

Circle Entertainment's Inventory Turnover for the fiscal year that ended in Dec. 2014 is calculated as

	Inventory Turnover (A: Dec. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2014 )	/ (	(Total Inventories (A: Dec. 2013 )	+	Total Inventories (A: Dec. 2014 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Circle Entertainment's Inventory Turnover for the quarter that ended in Dec. 2014 is calculated as

	Inventory Turnover (Q: Dec. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2014 )	/ (	(Total Inventories (Q: Sep. 2014 )	+	Total Inventories (Q: Dec. 2014 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Circle Entertainment (OTCPK:CEXE) 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.

Circle Entertainment's Days Inventory for the three months ended in Dec. 2014 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2014 )	/	Cost of Goods Sold (Q: Dec. 2014 )	*	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.

Circle Entertainment's Inventory to Revenue for the quarter that ended in Dec. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2014 )	/	Revenue (Q: Dec. 2014 )
	=	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.

Circle Entertainment Inventory Turnover Related Terms

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Circle Entertainment (Circle Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Circle Entertainment Inc (OTCPK:CEXE) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

70 East 55th Street, New York, NY, USA, 10022

Website

http://fxle.client.shareholder.com

Circle Entertainment Inc is involved in the development of location-based entertainment line of business.

Executives

John Miller

director

STARVEST MANAGEMENT, 750 LEXINGTON AVENUE, NEW YORK NY 10022

Circle Entertainment (Circle Entertainment) Headlines

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