Independence Bancshares (Independence Bancshares) Change In Inventory : $0.00 Mil (TTM As of Sep. 2017)

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What is Independence Bancshares Change In Inventory?

Independence Bancshares's change in inventory for the quarter that ended in Sep. 2017 was $0.00 Mil. It means Independence Bancshares's inventory stayed the same from Jun. 2017 to Sep. 2017 .

Independence Bancshares's change in inventory for the fiscal year that ended in Dec. 2016 was $0.00 Mil. It means Independence Bancshares's inventory stayed the same from Dec. 2015 to Dec. 2016 .

Independence Bancshares's Total Inventories for the quarter that ended in Sep. 2017 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Independence Bancshares's Inventory-to-Revenue for the quarter that ended in Sep. 2017 was 0.00.

Independence Bancshares Change In Inventory Historical Data

The historical data trend for Independence Bancshares's Change In Inventory 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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Independence Bancshares Change In Inventory Chart

Independence Bancshares Annual Data

Trend

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Change In Inventory

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Independence Bancshares Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Independence Bancshares Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Independence Bancshares (OTCPK:IEBS) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Independence Bancshares's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0	*	365 / 4
	=	N/A

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Independence Bancshares's Inventory Turnover for the quarter that ended in Sep. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

3. 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.

Independence Bancshares's Inventory to Revenue for the quarter that ended in Sep. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.907
	=	0.00

Independence Bancshares Change In Inventory Related Terms

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Independence Bancshares (Independence Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Independence Bancshares Inc (OTCPK:IEBS) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

Website

http://www.independencenb.com

Independence Bancshares Inc is a holding company for Independence National Bank. The company operates through four segments: Community Banking, Transaction Services, Asset Management and Parent Only. Most of its revenue is derived from the Community Banking segment. The bank is engaged in the business of banking and providing services related to banking, including accepting demand deposits and saving deposits and providing commercial, consumer and mortgage loans.

Executives

Robert B Willumstad	director	CITIGROUP INC/CORP LAW DEPT, 425 PARK AVE 2ND FL, NEW YORK NY 10043
Adam Gabriel Hurwich	director	C/O FIRST SECURITY GROUP, INC. 531 BROAD STREET CHATTANOOGA TN 37402
Keith Stock	director	1819 A WEST ST ANNAPOLIS MD 21401
Russell Echlov	director	500 E WASHINGTON ST, GREENVILLE SC 29601
Gordon A Baird	director, officer: CHIEF EXECUTIVE OFFICER	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Mclean A A Iii	director	P O BOX 6429, GREENVILLE SC 296066429

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