Green Globe International (Green Globe International) Inventory Turnover : 0.00 (As of Sep. 2008)

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What is Green Globe International 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. Green Globe International's Cost of Goods Sold for the three months ended in Sep. 2008 was $0.00 Mil. Green Globe International's Average Total Inventories for the quarter that ended in Sep. 2008 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. Green Globe International's Inventory-to-Revenue for the quarter that ended in Sep. 2008 was 0.00.

Green Globe International Inventory Turnover Historical Data

The historical data trend for Green Globe International'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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Green Globe International Inventory Turnover Chart

Green Globe International Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Inventory Turnover

Green Globe International Quarterly Data
	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Inventory Turnover	Get a 7-Day Free Trial														-	-	-	-	-

Green Globe International Inventory Turnover Calculation

Green Globe International's Inventory Turnover for the fiscal year that ended in Dec. 2007 is calculated as

	Inventory Turnover (A: Dec. 2007 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2007 )	/ (	(Total Inventories (A: Dec. 2006 )	+	Total Inventories (A: Dec. 2007 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Green Globe International's Inventory Turnover for the quarter that ended in Sep. 2008 is calculated as

	Inventory Turnover (Q: Sep. 2008 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2008 )	/ (	(Total Inventories (Q: Jun. 2008 )	+	Total Inventories (Q: Sep. 2008 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Green Globe International (OTCPK:GGII) 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.

Green Globe International's Days Inventory for the three months ended in Sep. 2008 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2008 )	/	Cost of Goods Sold (Q: Sep. 2008 )	*	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.

Green Globe International's Inventory to Revenue for the quarter that ended in Sep. 2008 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2008 )	/	Revenue (Q: Sep. 2008 )
	=	0	/	0.015
	=	0.00

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.

Green Globe International Inventory Turnover Related Terms

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Green Globe International (Green Globe International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Green Globe International Inc (OTCPK:GGII) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

8700 E Pinnacle Peak Road, Suite 210, Scottsdale, AZ, USA, 85255

Website

https://www.hempaccopackaging.com

Green Globe International Inc is a Hemp manufacturing company. It is engaged in the manufacturing and sales of CBD Hemp cigarettes. The company generates revenue from two streams- manufacturing and commercial product supply and white label development services.

Executives

David E Jenkins

director, 10 percent owner, officer: President

406 NORTH HERMOSA DRIVE, PALM SPRINGS CA 92262