Gordon Creek Energy (FRA:M2Y1) Inventory Turnover : 0.00 (As of Oct. 2015)

View and export this data going back to . Start your Free Trial

What is Gordon Creek 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. Gordon Creek Energy's Cost of Goods Sold for the three months ended in Oct. 2015 was €0.24 Mil. Gordon Creek Energy's Average Total Inventories for the quarter that ended in Oct. 2015 was €0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gordon Creek Energy's Days Inventory for the three months ended in Oct. 2015 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. Gordon Creek Energy's Inventory-to-Revenue for the quarter that ended in Oct. 2015 was 0.00.

Gordon Creek Energy Inventory Turnover Historical Data

The historical data trend for Gordon Creek 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.

* Premium members only.

Gordon Creek Energy Inventory Turnover Chart

Gordon Creek Energy Annual Data

Trend

Jan06

Jan07

Jan08

Jan09

Jan10

Jan11

Jan12

Jan13

Jan14

Jan15

Inventory Turnover

Get a 7-Day Free Trial

Gordon Creek Energy Quarterly Data
	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Gordon Creek Energy Inventory Turnover Calculation

Gordon Creek Energy's Inventory Turnover for the fiscal year that ended in Jan. 2015 is calculated as

	Inventory Turnover (A: Jan. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2015 )	/ (	(Total Inventories (A: Jan. 2014 )	+	Total Inventories (A: Jan. 2015 ))	/	count )
=	0.632	/ (	(0	+	0)	/	1 )
=	0.632	/	0
=	N/A

Gordon Creek Energy's Inventory Turnover for the quarter that ended in Oct. 2015 is calculated as

	Inventory Turnover (Q: Oct. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Oct. 2015 )	/ (	(Total Inventories (Q: Jul. 2015 )	+	Total Inventories (Q: Oct. 2015 ))	/	count )
=	0.236	/ (	(0	+	0)	/	1 )
=	0.236	/	0
=	N/A

Gordon Creek Energy (FRA:M2Y1) 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.

Gordon Creek Energy's Days Inventory for the three months ended in Oct. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2015 )	/	Cost of Goods Sold (Q: Oct. 2015 )	*	Days in Period
	=	0	/	0.236	*	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.

Gordon Creek Energy's Inventory to Revenue for the quarter that ended in Oct. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Oct. 2015 )	/	Revenue (Q: Oct. 2015 )
	=	0	/	0.154
	=	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.

Gordon Creek Energy Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Gordon Creek Energy's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Gordon Creek Energy (FRA:M2Y1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gordon Creek Energy Inc (FRA:M2Y1) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

734, 7th Avenue South West, Suite 1350, Calgary, AB, CAN, T2P 3P8

Website

http://www.gordoncreekenergy.com

Gordon Creek Energy Inc is engaged in the acquisition, exploration, development, and production of oil and natural gas properties located in the United States of America. Its projects include Gordon Creek Property; and Weston County.

Gordon Creek Energy (FRA:M2Y1) Headlines

No Headlines