Silver Star Energy (Silver Star Energy) Inventory Turnover : 0.00 (As of Sep. 2007)

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What is Silver Star Energy 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. Silver Star Energy's Cost of Goods Sold for the three months ended in Sep. 2007 was $0.03 Mil. Silver Star Energy's Average Total Inventories for the quarter that ended in Sep. 2007 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Silver Star Energy's Days Inventory for the three months ended in Sep. 2007 was 0.00.

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. Silver Star Energy's Inventory-to-Revenue for the quarter that ended in Sep. 2007 was 0.00.

Silver Star Energy Inventory Turnover Historical Data

The historical data trend for Silver Star Energy'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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Silver Star Energy Inventory Turnover Chart

Silver Star Energy Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Inventory Turnover

Silver Star Energy Quarterly Data
	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07
Inventory Turnover	Get a 7-Day Free Trial														-	-	-	-	-

Silver Star Energy Inventory Turnover Calculation

Silver Star Energy's Inventory Turnover for the fiscal year that ended in Dec. 2006 is calculated as

	Inventory Turnover (A: Dec. 2006 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2006 )	/ (	(Total Inventories (A: Dec. 2005 )	+	Total Inventories (A: Dec. 2006 ))	/	count )
=	0.833	/ (	(0	+	0)	/	1 )
=	0.833	/	0
=	N/A

Silver Star Energy's Inventory Turnover for the quarter that ended in Sep. 2007 is calculated as

	Inventory Turnover (Q: Sep. 2007 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2007 )	/ (	(Total Inventories (Q: Jun. 2007 )	+	Total Inventories (Q: Sep. 2007 ))	/	count )
=	0.026	/ (	(0	+	0)	/	1 )
=	0.026	/	0
=	N/A

Silver Star Energy (OTCPK:SVSE) 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.

Silver Star Energy's Days Inventory for the three months ended in Sep. 2007 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2007 )	/	Cost of Goods Sold (Q: Sep. 2007 )	*	Days in Period
	=	0	/	0.026	*	365 / 4
	=	0.00

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.

Silver Star Energy's Inventory to Revenue for the quarter that ended in Sep. 2007 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2007 )	/	Revenue (Q: Sep. 2007 )
	=	0	/	0.051
	=	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.

Silver Star Energy Inventory Turnover Related Terms

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Silver Star Energy (Silver Star Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Silver Star Energy Inc (OTCPK:SVSE) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

9595 Wilshire Boulevard, Suite 900, Beverly Hills, CA, USA, 90212

Website

Silver Star Energy Inc is an early-stage energy company engaged in the exploration and development of oil and natural gas reserves throughout western North America.

Executives

Scott Marshall	10 percent owner	2435 WEST 7TH AVENUE VANCOUVER A1 00000
Gordon Samson	director	9595 WILSHIRE BLVD., SUITE 900 BEVERLY HILLS CA 90212
Robert Bruce Mcintosh	director, officer: President	504 THRASHER STREET, NORCROSS GA 30071

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