Farmhouse (Farmhouse) Inventory Turnover : 0.00 (As of Sep. 2023)

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What is Farmhouse 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. Farmhouse's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.00 Mil. Farmhouse's Average Total Inventories for the quarter that ended in Sep. 2023 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Farmhouse's Days Inventory for the three months ended in Sep. 2023 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. Farmhouse's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Farmhouse Inventory Turnover Historical Data

The historical data trend for Farmhouse'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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Farmhouse Inventory Turnover Chart

Farmhouse Annual Data

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Inventory Turnover

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Farmhouse Quarterly Data
	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Mar08	Jun08	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Farmhouse Inventory Turnover Calculation

Farmhouse's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	0.004	/ (	(0	+	0)	/	1 )
=	0.004	/	0
=	N/A

Farmhouse's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	0.003	/ (	(0	+	0)	/	1 )
=	0.003	/	0
=	N/A

Farmhouse (OTCPK:FMHS) 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.

Farmhouse's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0	/	0.003	*	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.

Farmhouse's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0	/	0.006
	=	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.

Farmhouse Inventory Turnover Related Terms

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Farmhouse (Farmhouse) Business Description

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Address

548 Market Street, Suite 90355, San Francisco, CA, USA, 94104

Website

https://www.weedclub.com

Farmhouse Inc is a platform provider to the regulated cannabis industry. Its core product is the WeedClub social network platform, which allows its members to digitally network with actual vetted cannabis industry stakeholders. It serves a wide range of areas within the professional cannabis and hemp industries, such as licensed growers, dispensers, laboratories, distributors, investors, accountants, lawyers, consultants, and others.