Lime Energy Co (Lime Energy Co) Inventory Turnover : 9.11 (As of Sep. 2016)

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What is Lime Energy Co 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. Lime Energy Co's Cost of Goods Sold for the three months ended in Sep. 2016 was $17.0 Mil. Lime Energy Co's Average Total Inventories for the quarter that ended in Sep. 2016 was $1.9 Mil. Lime Energy Co's Inventory Turnover for the quarter that ended in Sep. 2016 was 9.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lime Energy Co's Days Inventory for the three months ended in Sep. 2016 was 10.02.

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. Lime Energy Co's Inventory-to-Revenue for the quarter that ended in Sep. 2016 was 0.07.

Lime Energy Co Inventory Turnover Historical Data

The historical data trend for Lime Energy Co'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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Lime Energy Co Inventory Turnover Chart

Lime Energy Co Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Inventory Turnover

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43.27

86.89

2,221.06

233.88

55.91

Lime Energy Co Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Inventory Turnover	Get a 7-Day Free Trial															9.87	8.37	7.04	7.30	9.11

Lime Energy Co Inventory Turnover Calculation

Lime Energy Co's Inventory Turnover for the fiscal year that ended in Dec. 2015 is calculated as

	Inventory Turnover (A: Dec. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2015 )	/ (	(Total Inventories (A: Dec. 2014 )	+	Total Inventories (A: Dec. 2015 ))	/	count )
=	74.86	/ (	(0.176	+	2.502)	/	2 )
=	74.86	/	1.339
=	55.91

Lime Energy Co's Inventory Turnover for the quarter that ended in Sep. 2016 is calculated as

	Inventory Turnover (Q: Sep. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2016 )	/ (	(Total Inventories (Q: Jun. 2016 )	+	Total Inventories (Q: Sep. 2016 ))	/	count )
=	16.998	/ (	(1.942	+	1.791)	/	2 )
=	16.998	/	1.8665
=	9.11

Lime Energy Co (OTCPK:LIME) 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.

Lime Energy Co's Days Inventory for the three months ended in Sep. 2016 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2016 )	/	Cost of Goods Sold (Q: Sep. 2016 )	*	Days in Period
	=	1.8665	/	16.998	*	365 / 4
	=	10.02

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.

Lime Energy Co's Inventory to Revenue for the quarter that ended in Sep. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2016 )	/	Revenue (Q: Sep. 2016 )
	=	1.8665	/	25.721
	=	0.07

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.

Lime Energy Co Inventory Turnover Related Terms

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Lime Energy Co (Lime Energy Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lime Energy Co (OTCPK:LIME) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Website

http://www.lime-energy.com

Lime Energy Co is a U.S based company which offers the utilities energy efficiency program delivery services targeted to their small and medium-sized business customers. Its programs help these businesses use less energy through the upgrade of existing equipment with new, more energy efficient equipment. These programs include energy efficient lighting upgrades, mechanical upgrades, water conservation measures, building controls, refrigeration, pool pumps, building shell improvements and appliance recycling.

Executives

Gregory T Barnum	director
Adam C Procell	officer: CEO and Presirent	C/O WILLDAN, 12401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Carey William Russell Jr	director	2202 NORTH WEST SHORE BLVD, 5TH FLOOR, TAMPA FL 33607
Robert J Manning	director	1201 THIRD AVE, STE 4900, SEATTLE WA 98101
Robert D Wagner	director	COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Cit Group Inc	10 percent owner	1 CIT DRIVE, LIVINGSTON NJ 07039
Frederic F Brace	director	707 W. SMUGGLER ST, ASPEN CO 81611
Stanley Morgan	10 percent owner	1585 BROADWAY, NEW YORK NY 10036

Lime Energy Co (Lime Energy Co) Headlines

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