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American Future Fuel (American Future Fuel) Inventory Turnover : 0.00 (As of Mar. 2024)


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What is American Future Fuel 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. American Future Fuel's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.01 Mil. American Future Fuel's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. American Future Fuel's Days Inventory for the three months ended in Mar. 2024 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 Future Fuel Inventory Turnover Historical Data

The historical data trend for American Future Fuel'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.

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American Future Fuel Inventory Turnover Chart

American Future Fuel Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Inventory Turnover
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American Future Fuel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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American Future Fuel Inventory Turnover Calculation

American Future Fuel's Inventory Turnover for the fiscal year that ended in Mar. 2022 is calculated as

Inventory Turnover (A: Mar. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2022 ) / ((Total Inventories (A: Mar. 2021 ) + Total Inventories (A: Mar. 2022 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

American Future Fuel's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=0.005 / ((0 + 0) / 1 )
=0.005 / 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.

American Future Fuel  (OTCPK:AFFCF) 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 Future Fuel's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=0/0.005*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 Future Fuel's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0 / 0
=

* 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 Future Fuel Inventory Turnover Related Terms

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American Future Fuel (American Future Fuel) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Future Fuel Corp (OTCPK:AFFCF) » Definitions » Inventory Turnover
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Traded in Other Exchanges
K14:Germany AMPS:Canada
Address
1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5
Website
https://www.americanfuturefuel.com
American Future Fuel Corp is a Canada based company. The Company's business is to acquire, explore, and develop interests in mining projects. The Company has one operating segment, mineral exploration and development.