Independent Film Development (Independent Film Development) Days Inventory : 13.42 (As of Jun. 2016)

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What is Independent Film Development Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Independent Film Development's Average Total Inventories for the three months ended in Jun. 2016 was $0.01 Mil. Independent Film Development's Cost of Goods Sold for the three months ended in Jun. 2016 was $0.03 Mil. Hence, Independent Film Development's Days Inventory for the three months ended in Jun. 2016 was 13.42.

The historical rank and industry rank for Independent Film Development's Days Inventory or its related term are showing as below:

IFLM's Days Inventory is not ranked ^*
in the Media - Diversified industry.
Industry Median: 26.37
* Ranked among companies with meaningful Days Inventory only.

Independent Film Development's Days Inventory increased from Jun. 2015 (0.00) to Jun. 2016 (13.42). It might indicate that Independent Film Development's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Independent Film Development's Inventory Turnover for the three months ended in Jun. 2016 was 6.80.

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. Independent Film Development's Inventory-to-Revenue for the three months ended in Jun. 2016 was 0.09.

Independent Film Development Days Inventory Historical Data

The historical data trend for Independent Film Development's Days 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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Independent Film Development Days Inventory Chart

Independent Film Development Annual Data

Trend

Sep07

Sep08

Sep09

Sep10

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Sep13

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Sep15

Days Inventory

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Independent Film Development Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	13.42

Competitive Comparison of Independent Film Development's Days Inventory

For the Entertainment subindustry, Independent Film Development's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Independent Film Development's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Independent Film Development's Days Inventory distribution charts can be found below:

* The bar in red indicates where Independent Film Development's Days Inventory falls into.

Independent Film Development Days Inventory Calculation

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

Independent Film Development's Days Inventory for the fiscal year that ended in Sep. 2015 is calculated as

	Days Inventory (A: Sep. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2014 )	+	Total Inventories (A: Sep. 2015 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2015 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Independent Film Development's Days Inventory for the quarter that ended in Jun. 2016 is calculated as:

	Days Inventory (Q: Jun. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2016 )	+	Total Inventories (Q: Jun. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2016 )	*	Days in Period
=	( (0	+	0.005)	/	1 )	/	0.034	*	365 / 4
=	0.005					/	0.034	*	365 / 4
=	13.42

Independent Film Development (OTCPK:IFLM) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Independent Film Development's Inventory Turnover for the three months ended in Jun. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.034	/	0.005
	=	6.80

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.

Independent Film Development's Inventory to Revenue for the three months ended in Jun. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.005	/	0.058
	=	0.09

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Independent Film Development Days Inventory Related Terms

Thank you for viewing the detailed overview of Independent Film Development's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Independent Film Development (Independent Film Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Independent Film Development Corp (OTCPK:IFLM) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2732 Morse Avenue, Suite 413, Irvine, CA, USA, 92614

Website

http://www.independentfilmdevelopment.com

Independent Film Development Corp has its business spread through three domains. It holds interests in C2C Restaurant Group, Inc. (C2C), a restaurant holding company. The company focuses on the development of content creation/distribution projects, both in the form of original theatrical material, as well as related and/or derivative programming related to the operations of C2C. The firm also intends to acquire real estate assets.

Executives

Rachel Boulds Cpa, Pllc

officer: CFO

6371 S. GLENOAKS STREET, MURRAY UT 84107

Independent Film Development (Independent Film Development) Headlines

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