Montana Exploration (Montana Exploration) Inventory Turnover : 0.00 (As of Sep. 2017)

View and export this data going back to . Start your Free Trial

What is Montana Exploration 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. Montana Exploration's Cost of Goods Sold for the three months ended in Sep. 2017 was $0.16 Mil. Montana Exploration's Average Total Inventories for the quarter that ended in Sep. 2017 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Montana Exploration's Days Inventory for the three months ended in Sep. 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. Montana Exploration's Inventory-to-Revenue for the quarter that ended in Sep. 2017 was 0.00.

Montana Exploration Inventory Turnover Historical Data

The historical data trend for Montana Exploration'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.

* Premium members only.

Montana Exploration Inventory Turnover Chart

Montana Exploration Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Inventory Turnover

Get a 7-Day Free Trial

Montana Exploration Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Montana Exploration Inventory Turnover Calculation

Montana Exploration's Inventory Turnover for the fiscal year that ended in Dec. 2016 is calculated as

	Inventory Turnover (A: Dec. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2016 )	/ (	(Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2016 ))	/	count )
=	0.587	/ (	(0	+	0)	/	1 )
=	0.587	/	0
=	N/A

Montana Exploration's Inventory Turnover for the quarter that ended in Sep. 2017 is calculated as

	Inventory Turnover (Q: Sep. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2017 )	/ (	(Total Inventories (Q: Jun. 2017 )	+	Total Inventories (Q: Sep. 2017 ))	/	count )
=	0.162	/ (	(0	+	0)	/	1 )
=	0.162	/	0
=	N/A

Montana Exploration (OTCPK:ATDEF) 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.

Montana Exploration's Days Inventory for the three months ended in Sep. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2017 )	/	Cost of Goods Sold (Q: Sep. 2017 )	*	Days in Period
	=	0	/	0.162	*	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.

Montana Exploration's Inventory to Revenue for the quarter that ended in Sep. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2017 )	/	Revenue (Q: Sep. 2017 )
	=	0	/	0.115
	=	0.00

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.

Montana Exploration Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Montana Exploration's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Montana Exploration (Montana Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Montana Exploration Corp (OTCPK:ATDEF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

144 - 4th Avenue SW, Suite 2300, Calgary, AB, CAN, T2P 3N4

Website

http://www.montanaexplorationcorp.com

Montana Exploration Corp is a Canadian junior oil and gas exploration and production company focusing on the Bakken and Shaunavon oil opportunities underlying its extensive land holdings in Montana. The majority of the Company's assets are located in Blaine County, Montana. Canadian assets are focused at Viking Kinsella, Killam and Cardiff, Alberta which produce approximately 500 mcfd.

Montana Exploration (Montana Exploration) Headlines

No Headlines