Ecoloclean Industries (Ecoloclean Industries) Inventory Turnover : 0.45 (As of Jun. 2006)

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What is Ecoloclean Industries 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. Ecoloclean Industries's Cost of Goods Sold for the three months ended in Jun. 2006 was $0.08 Mil. Ecoloclean Industries's Average Total Inventories for the quarter that ended in Jun. 2006 was $0.18 Mil. Ecoloclean Industries's Inventory Turnover for the quarter that ended in Jun. 2006 was 0.45.

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-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 Inventory Turnover Historical Data

The historical data trend for Ecoloclean Industries'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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Ecoloclean Industries Inventory Turnover Chart

Ecoloclean Industries Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Inventory Turnover

4.18

Ecoloclean Industries Quarterly Data
	Dec01	Sep02	Dec02	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06
Inventory Turnover	Get a 7-Day Free Trial										-	0.24	1.82	0.64	0.45

Ecoloclean Industries Inventory Turnover Calculation

Ecoloclean Industries's Inventory Turnover for the fiscal year that ended in Dec. 2005 is calculated as

	Inventory Turnover (A: Dec. 2005 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2005 )	/ (	(Total Inventories (A: Dec. 2004 )	+	Total Inventories (A: Dec. 2005 ))	/	count )
=	0.318	/ (	(0	+	0.076)	/	1 )
=	0.318	/	0.076
=	4.18

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

	Inventory Turnover (Q: Jun. 2006 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2006 )	/ (	(Total Inventories (Q: Mar. 2006 )	+	Total Inventories (Q: Jun. 2006 ))	/	count )
=	0.082	/ (	(0.175	+	0.187)	/	2 )
=	0.082	/	0.181
=	0.45

Ecoloclean Industries (OTCPK:ECCI) 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.

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

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.

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

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.

Ecoloclean Industries Inventory Turnover Related Terms

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Ecoloclean Industries (Ecoloclean Industries) Business Description

Industry

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

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

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