VMRI (Valmie Resources) Change In Inventory: $-0.04 Mil (TTM As of Feb. 2017)


What is Valmie Resources Change In Inventory?

Valmie Resources VMRI -99.00% Change In Inventory is $-0.04 Mil as of Feb. 2017.

Valmie Resources's change in inventory for the quarter that ended in Feb. 2017 was $-0.04 Mil. It means Valmie Resources's inventory increased by $0.04 Mil from Nov. 2016 to Feb. 2017 .

Valmie Resources's change in inventory for the fiscal year that ended in Nov. 2016 was $-0.00 Mil. It means Valmie Resources's inventory increased by $0.00 Mil from Nov. 2015 to Nov. 2016 .

Valmie Resources's Total Inventories for the quarter that ended in Feb. 2017 was $0.04 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. Valmie Resources's Inventory Turnover for the quarter that ended in Feb. 2017 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.

Valmie Resources  (OTCPK:VMRI) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.0225/0*365 / 4
=N/A

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

Valmie Resources's Inventory Turnover for the quarter that ended in Feb. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0 / 0.0225
=0.00

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.

Valmie Resources's Inventory to Revenue for the quarter that ended in Feb. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.0225 / 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.

Valmie Resources Change In Inventory Related Terms

Valmie Resources Change In Inventory Historical Data

* Premium members only.

The historical data trend for Valmie Resources'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.

Valmie Resources Change In Inventory Chart

Valmie Resources Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Change In Inventory
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 -0.00

Valmie Resources Quarterly Data
May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -0.04

Valmie Resources 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 Feb. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.04 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-0.04 Mil mean?
Valmie Resources (VMRI) has a Change In Inventory of $-0.04 Mil as of Feb. 2017. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Valmie Resources and its competitors.
Is Valmie Resources' Change In Inventory too high?
Valmie Resources' current Change In Inventory is $-0.04 Mil.
How does Valmie Resources' Change In Inventory compare to CRTG and SFIV?
Valmie Resources' Change In Inventory of $-0.04 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Hardware company?
A good Change In Inventory depends on the Hardware industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Valmie Resources and its competitors. Valmie Resources's current Change In Inventory is $-0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valmie Resources stock overvalued right now?
Valmie Resources (VMRI) has a current Change In Inventory of $-0.04 Mil. The current Change In Inventory is $-0.04 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Valmie Resources (VMRI), the current Change In Inventory is $-0.04 Mil as of Feb. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Valmie Resources Business Description

Address 1001 S Dairy Ashford Road, Suite 100, Houston, TX, USA, 77077
Valmie Resources Inc is engaged in the commercialization of products and services in the technology industry. The company focuses on unmanned aerial vehicle software, hardware and cloud services for commercial applications.