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Bayfield Ventures (FRA:B4N) Inventory Turnover : 0.00 (As of Jul. 2014)


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What is Bayfield Ventures 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. Bayfield Ventures's Cost of Goods Sold for the three months ended in Jul. 2014 was €0.00 Mil. Bayfield Ventures's Average Total Inventories for the quarter that ended in Jul. 2014 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.


Bayfield Ventures Inventory Turnover Historical Data

The historical data trend for Bayfield Ventures'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.

* Premium members only.

Bayfield Ventures Inventory Turnover Chart

Bayfield Ventures Annual Data
Trend Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13
Inventory Turnover
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Bayfield Ventures Quarterly Data
Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14
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Bayfield Ventures Inventory Turnover Calculation

Bayfield Ventures's Inventory Turnover for the fiscal year that ended in Oct. 2013 is calculated as

Inventory Turnover (A: Oct. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Oct. 2013 ) / ((Total Inventories (A: Oct. 2012 ) + Total Inventories (A: Oct. 2013 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Bayfield Ventures's Inventory Turnover for the quarter that ended in Jul. 2014 is calculated as

Inventory Turnover (Q: Jul. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jul. 2014 ) / ((Total Inventories (Q: Apr. 2014 ) + Total Inventories (Q: Jul. 2014 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 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.


Bayfield Ventures  (FRA:B4N) 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.

Bayfield Ventures's Days Inventory for the three months ended in Jul. 2014 is calculated as:

Days Inventory =Average Total Inventories (Q: Jul. 2014 )/Cost of Goods Sold (Q: Jul. 2014 )*Days in Period
=0/0*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.

Bayfield Ventures's Inventory to Revenue for the quarter that ended in Jul. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2014 ) / Revenue (Q: Jul. 2014 )
=0 / 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.


Bayfield Ventures Inventory Turnover Related Terms

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Bayfield Ventures (FRA:B4N) Business Description

Traded in Other Exchanges
N/A
Address
Bayfield Ventures Corporation is a gold and silver exploration Company. The Company's project includes burns claim block gold-silver project in which it owns 100% of the mineral rights. The property is surrounded by Rainy River Resources property and adjoins the immediate east of Rainy River Resources' ODM17 gold-silver deposit and to the west of their expanding Intrepid gold-silver zone. It also holds interest in Red lake gold camp and Baird gold properties.

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