Greenchek Technology (Greenchek Technology) Inventory Turnover : 0.00 (As of Nov. 2010)

View and export this data going back to 2007. Start your Free Trial

What is Greenchek 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. Greenchek Technology's Cost of Goods Sold for the three months ended in Nov. 2010 was $0.00 Mil. Greenchek Technology's Average Total Inventories for the quarter that ended in Nov. 2010 was $0.05 Mil. Greenchek Technology's Inventory Turnover for the quarter that ended in Nov. 2010 was 0.00.

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.

Greenchek Technology Inventory Turnover Historical Data

The historical data trend for Greenchek 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.

* Premium members only.

Greenchek Technology Inventory Turnover Chart

Greenchek Technology Annual Data

Trend

Feb07

Feb08

Feb09

Feb10

Inventory Turnover

Greenchek Technology Quarterly Data
	May07	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10
Inventory Turnover	Get a 7-Day Free Trial										-	-	0.12	-	-

Greenchek Technology Inventory Turnover Calculation

Greenchek Technology's Inventory Turnover for the fiscal year that ended in Feb. 2010 is calculated as

	Inventory Turnover (A: Feb. 2010 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2010 )	/ (	(Total Inventories (A: Feb. 2009 )	+	Total Inventories (A: Feb. 2010 ))	/	count )
=	0	/ (	(0	+	0.052)	/	1 )
=	0	/	0.052
=	0.00

Greenchek Technology's Inventory Turnover for the quarter that ended in Nov. 2010 is calculated as

	Inventory Turnover (Q: Nov. 2010 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Nov. 2010 )	/ (	(Total Inventories (Q: Aug. 2010 )	+	Total Inventories (Q: Nov. 2010 ))	/	count )
=	0	/ (	(0.068	+	0.038)	/	2 )
=	0	/	0.053
=	0.00

Greenchek Technology (OTCPK:GCHK) 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.

Greenchek Technology's Days Inventory for the three months ended in Nov. 2010 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Nov. 2010 )	/	Cost of Goods Sold (Q: Nov. 2010 )	*	Days in Period
	=	0.053	/	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.

Greenchek Technology's Inventory to Revenue for the quarter that ended in Nov. 2010 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Nov. 2010 )	/	Revenue (Q: Nov. 2010 )
	=	0.053	/	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.

Greenchek Technology Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Greenchek Technology's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Greenchek Technology (Greenchek Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Greenchek Technology Inc (OTCPK:GCHK) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

7901 4th St. N, Suite 6394, Saint Petersburg, FL, USA, 33702

Website

http://www.greenchektech.com

Greenchek Technology Inc is engaged in manufacturing, marketing, and distributing of products designed to reduce gas emissions by motor vehicles through the use of hydrogen technology. The company's product ERD provides Emission Reduction and Fuel enhancement Technology. It serves Heavy Goods Vehicles; Locomotives; Buses; Automobiles and Generators markets. The company's segment includes Hydrogen energy for emission reduction and Hydrogen energy based Cryptocurrency self mining.

Greenchek Technology (Greenchek Technology) Headlines

No Headlines