Foodfest International 2000 (Foodfest International 2000) Inventory Turnover : 1.36 (As of Sep. 2011)

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What is Foodfest International 2000 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. Foodfest International 2000's Cost of Goods Sold for the three months ended in Sep. 2011 was $2.91 Mil. Foodfest International 2000's Average Total Inventories for the quarter that ended in Sep. 2011 was $2.14 Mil. Foodfest International 2000's Inventory Turnover for the quarter that ended in Sep. 2011 was 1.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Foodfest International 2000's Days Inventory for the three months ended in Sep. 2011 was 67.04.

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. Foodfest International 2000's Inventory-to-Revenue for the quarter that ended in Sep. 2011 was 0.63.

Foodfest International 2000 Inventory Turnover Historical Data

The historical data trend for Foodfest International 2000'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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Foodfest International 2000 Inventory Turnover Chart

Foodfest International 2000 Annual Data

Trend

Oct06

Oct07

Oct08

Oct09

Inventory Turnover

Foodfest International 2000 Quarterly Data
	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Dec10	Mar11	Jun11	Sep11
Inventory Turnover	Get a 7-Day Free Trial														-	1.22	1.27	1.36	1.36

Foodfest International 2000 Inventory Turnover Calculation

Foodfest International 2000's Inventory Turnover for the fiscal year that ended in Oct. 2009 is calculated as

	Inventory Turnover (A: Oct. 2009 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Oct. 2009 )	/ (	(Total Inventories (A: Oct. 2008 )	+	Total Inventories (A: Oct. 2009 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Foodfest International 2000's Inventory Turnover for the quarter that ended in Sep. 2011 is calculated as

	Inventory Turnover (Q: Sep. 2011 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2011 )	/ (	(Total Inventories (Q: Jun. 2011 )	+	Total Inventories (Q: Sep. 2011 ))	/	count )
=	2.908	/ (	(2.213	+	2.06)	/	2 )
=	2.908	/	2.1365
=	1.36

Foodfest International 2000 (OTCPK:FDFT) 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.

Foodfest International 2000's Days Inventory for the three months ended in Sep. 2011 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2011 )	/	Cost of Goods Sold (Q: Sep. 2011 )	*	Days in Period
	=	2.1365	/	2.908	*	365 / 4
	=	67.04

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.

Foodfest International 2000's Inventory to Revenue for the quarter that ended in Sep. 2011 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2011 )	/	Revenue (Q: Sep. 2011 )
	=	2.1365	/	3.401
	=	0.63

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.

Foodfest International 2000 Inventory Turnover Related Terms

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Foodfest International 2000 (Foodfest International 2000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Foodfest International 2000 Inc (OTCPK:FDFT) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1016 9th Street, Coronado, CA, USA, 92118

Website

http://www.foodfestinternational2000.com

Foodfest International 2000 Inc currently has no operations.

Foodfest International 2000 (Foodfest International 2000) Headlines

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