FirstMerit (FirstMerit) Change In Inventory : $0 Mil (TTM As of Jun. 2016)

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What is FirstMerit Change In Inventory?

FirstMerit's change in inventory for the quarter that ended in Jun. 2016 was $0 Mil. It means FirstMerit's inventory stayed the same from Mar. 2016 to Jun. 2016 .

FirstMerit's change in inventory for the fiscal year that ended in Dec. 2015 was $0 Mil. It means FirstMerit's inventory stayed the same from Dec. 2014 to Dec. 2015 .

FirstMerit's Total Inventories for the quarter that ended in Jun. 2016 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. FirstMerit's Inventory-to-Revenue for the quarter that ended in Jun. 2016 was 0.00.

FirstMerit Change In Inventory Historical Data

The historical data trend for FirstMerit's Change In Inventory 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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FirstMerit Change In Inventory Chart

FirstMerit Annual Data

Trend

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Change In Inventory

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FirstMerit Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

FirstMerit Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

FirstMerit (NAS:FMER) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

FirstMerit's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0	*	365 / 4
	=	N/A

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

FirstMerit's Inventory Turnover for the quarter that ended in Jun. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

3. 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.

FirstMerit's Inventory to Revenue for the quarter that ended in Jun. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	251.193
	=	0.00

FirstMerit Change In Inventory Related Terms

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FirstMerit (FirstMerit) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » FirstMerit Corp (NAS:FMER) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.firstmerit.com

Firstmerit Corp was organized in 1981 under the laws of the State of Ohio, It is a bank holding company. It operates through the Bank and its other subsidiaries, providing banking, fiduciary, financial, insurance and investment services to corporate, institutional and individual customers throughout Ohio, Chicago, Illinois, Michigan, Wisconsin and Western Pennsylvania. The Company manages its operations through the following primary lines of business: Commercial, Retail, Wealth and Other. Banking services are provided by the Company's national banking subsidiary, FirstMerit Bank. The Bank's trust department offers wealth management and trust services. The majority of its customers are comprised of consumers and small and medium sized businesses. The Bank has a small international department to service clients in its markets. The Company competes with other local, regional and national providers of financial services such as other bank holding companies, commercial banks, savings associations, credit unions, consumer and commercial finance companies, equipment leasing companies, mortgage banking companies, investment brokers and other brokerage institutions, money market and mutual funds and insurance companies. The Company is subject to extensive regulation, examination and supervision under by federal and state law.

Executives

Lizabeth A Ardisana	director	328 S. SAGINAW ST., FLINT MI 48430
Brian C Williams	officer: See Remarks	III CASCADE PLAZA AKRON OH 44308
Carlton E Langer	officer: See Remarks	III CASCADE PLAZA AKRON OH 44308
Robert S Cubbin	director
Christopher J Maurer	officer: See Remarks	III CASCADE PLAZA AKRON OH 44308
Steve H Baer	director	III CASCADE PLAZA AKRON OH 44308
Philip A Lloyd	director	II CASCADE PLAZA AKRON OH 44308
R Cary Blair	director	II CASCADE PLAZA AKRON OH 44308
Russ M Strobel	director	NICOR INC P O BOX 3014 NAPERVILLE IL 60566-7014
Nancy H Worman	officer: See Remarks	III CASCADE PLAZA AKRON OH 44308
Michael G Robinson	officer: See Remarks	III CASCADE PLAZA AKRON OH 44308
William P Richgels	officer: See Remarks	III CASCADE PLAZA AKRON OH 44308
Mark D Quinlan	officer: See Remarks	200 NORTH ADAMS STREET, GREEN BAY WI 54301
Paul G Greig	director, officer: Chairman, President and CEO	III CASCADE PLAZA, AKRON OH 44308
Karen S Belden	director	II CASCADE PLAZA AKRON OH 44308

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