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Allied Energy (Allied Energy) Inventory Turnover : 0.00 (As of . 20)


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What is Allied 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. Allied Energy's Cost of Goods Sold for the three months ended in . 20 was $0.00 Mil. Allied Energy's Average Total Inventories for the quarter that ended in . 20 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.

Allied Energy Inventory Turnover Historical Data

The historical data trend for Allied 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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Allied Energy Inventory Turnover Chart

Allied Energy Annual Data
Trend
Inventory Turnover

Allied Energy Quarterly Data
Inventory Turnover

Allied Energy Inventory Turnover Calculation

Allied Energy's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

Inventory Turnover (A: . 20 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: . 20 ) / ((Total Inventories (A: . 20 ) + Total Inventories (A: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

Allied Energy's Inventory Turnover for the quarter that ended in . 20 is calculated as

Inventory Turnover (Q: . 20 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: . 20 ) / ((Total Inventories (Q: . 20 ) + Total Inventories (Q: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

* 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.

Allied Energy  (OTCPK:AGYP) 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.

Allied Energy's Days Inventory for the three months ended in . 20 is calculated as:

Days Inventory =Average Total Inventories (Q: . 20 )/Cost of Goods Sold (Q: . 20 )*Days in Period
=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.

Allied Energy's Inventory to Revenue for the quarter that ended in . 20 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: . 20 ) / Revenue (Q: . 20 )
=0 /
=

* 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.

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.

Allied Energy Inventory Turnover Related Terms

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Allied Energy (Allied Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Allied Energy Corp (OTCPK:AGYP) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
P.O. Box 117498, Carrollton, TX, USA, 75011-7498
Website
https://www.alliedengycorp.com
Allied Energy Corp is an energy development and production company acquiring oil & gas reserves in some of the most prolific hydrocarbon-bearing regions of the United States. The company is specialized in the business of reworking & completing existing oil & gas wells located in thousands of mature oil & gas producing fields across the United States. The company's projects include the Green lease project and the Annie Gilmer project.