AEDC (American Energy Development) Inventory Turnover: 0.00 (As of Sep. 2013)


What is American Energy Development Inventory Turnover?

American Energy Development AEDC -99.95% Inventory Turnover is 0.00 as of Sep. 2013.

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. American Energy Development's Cost of Goods Sold for the three months ended in Sep. 2013 was $0.00 Mil. American Energy Development's Average Total Inventories for the quarter that ended in Sep. 2013 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. American Energy Development's Days Inventory for the three months ended in Sep. 2013 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. American Energy Development's Inventory-to-Revenue for the quarter that ended in Sep. 2013 was 0.00.

American Energy Development  (OTCPK:AEDC) 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.

American Energy Development's Days Inventory for the three months ended in Sep. 2013 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2013 )/Cost of Goods Sold (Q: Sep. 2013 )*Days in Period
=0/0.003*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.

American Energy Development's Inventory to Revenue for the quarter that ended in Sep. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2013 ) / Revenue (Q: Sep. 2013 )
=0 / 0.046
=0.00

* 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.

American Energy Development Inventory Turnover Related Terms

American Energy Development Inventory Turnover Historical Data

* Premium members only.

The historical data trend for American Energy Development'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.

American Energy Development Inventory Turnover Chart

American Energy Development Annual Data
Trend Jun11 Jun12 Jun13
Inventory Turnover
0.00 0.00 0.00

American Energy Development Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

American Energy Development Inventory Turnover Calculation

American Energy Development's Inventory Turnover for the fiscal year that ended in Jun. 2013 is calculated as

Inventory Turnover (A: Jun. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2013 ) / ((Total Inventories (A: Jun. 2012 ) + Total Inventories (A: Jun. 2013 )) / count )
=0.03 / ((0 + 0) / 1 )
=0.03 / 0
=N/A

American Energy Development's Inventory Turnover for the quarter that ended in Sep. 2013 is calculated as

Inventory Turnover (Q: Sep. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2013 ) / ((Total Inventories (Q: Jun. 2013 ) + Total Inventories (Q: Sep. 2013 )) / count )
=0.003 / ((0 + 0) / 1 )
=0.003 / 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
American Energy Development (AEDC) has a Inventory Turnover of 0.00 as of Sep. 2013. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on American Energy Development and its competitors.
Is American Energy Development's Inventory Turnover too high?
American Energy Development's current Inventory Turnover is 0.00.
How does American Energy Development's Inventory Turnover compare to BRZV and CWLXF?
American Energy Development's Inventory Turnover of 0.00 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for an Oil & Gas company?
A good Inventory Turnover depends on the Oil & Gas industry context. However, Inventory Turnover 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 Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on American Energy Development and its competitors. American Energy Development's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Energy Development stock overvalued right now?
American Energy Development (AEDC) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For American Energy Development (AEDC), the current Inventory Turnover is 0.00 as of Sep. 2013. 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.

American Energy Development Business Description

Industry EnergyOil & Gas
Address 1230 Avenue of the Americas, 7th Floor, New York, NY, USA, 10020
American Energy Development Corp is an independent USA energy company. It intends to locate, drill, and produce oil and gas in the USA and secure regions. The company is focused on the development of Niagaran oil reefs in Michigan and the underexplored onshore basins in the UK.