BLFR (BlueFire Equipment) Inventory Turnover: 0.69 (As of Sep. 2013)


What is BlueFire Equipment Inventory Turnover?

BlueFire Equipment BLFR Inventory Turnover is 0.69 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. BlueFire Equipment's Cost of Goods Sold for the three months ended in Sep. 2013 was $0.02 Mil. BlueFire Equipment's Average Total Inventories for the quarter that ended in Sep. 2013 was $0.02 Mil. BlueFire Equipment's Inventory Turnover for the quarter that ended in Sep. 2013 was 0.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BlueFire Equipment's Days Inventory for the three months ended in Sep. 2013 was 131.51.

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. BlueFire Equipment's Inventory-to-Revenue for the quarter that ended in Sep. 2013 was 2.45.

BlueFire Equipment  (OTCPK:BLFR) 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.

BlueFire Equipment'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
=0.0245/0.017*365 / 4
=131.51

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.

BlueFire Equipment'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 )
=0.0245 / 0.01
=2.45

* 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.

BlueFire Equipment Inventory Turnover Related Terms

BlueFire Equipment Inventory Turnover Historical Data

* Premium members only.

The historical data trend for BlueFire Equipment'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.

BlueFire Equipment Inventory Turnover Chart

BlueFire Equipment Annual Data
Trend Dec11 Dec12
Inventory Turnover
0.83 1.02

BlueFire Equipment Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.15 0.00 0.15 0.69

BlueFire Equipment Inventory Turnover Calculation

BlueFire Equipment's Inventory Turnover for the fiscal year that ended in Dec. 2012 is calculated as

Inventory Turnover (A: Dec. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2012 ) / ((Total Inventories (A: Dec. 2011 ) + Total Inventories (A: Dec. 2012 )) / count )
=0.047 / ((0.058 + 0.034) / 2 )
=0.047 / 0.046
=1.02

BlueFire Equipment'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 )
=0.017 / ((0.033 + 0.016) / 2 )
=0.017 / 0.0245
=0.69

* 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 0.69 mean?
BlueFire Equipment (BLFR) has a Inventory Turnover of 0.69 as of Sep. 2013. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on BlueFire Equipment and its competitors.
Is BlueFire Equipment's Inventory Turnover too high?
BlueFire Equipment's current Inventory Turnover is 0.69.
How does BlueFire Equipment's Inventory Turnover compare to TIRTZ and ESES?
BlueFire Equipment's Inventory Turnover of 0.69 can be compared against companies in the Diversified Financial Services 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 a Diversified Financial Services company?
A good Inventory Turnover depends on the Diversified Financial Services 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 BlueFire Equipment and its competitors. BlueFire Equipment's current Inventory Turnover is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlueFire Equipment stock overvalued right now?
BlueFire Equipment (BLFR) has a current Inventory Turnover of 0.69. The current Inventory Turnover is 0.69. 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 BlueFire Equipment (BLFR), the current Inventory Turnover is 0.69 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.

BlueFire Equipment Business Description

Address 100 NE Loop 410, Suite 1500, San Antonio, TX, USA, TX 78216
BlueFire Equipment Corp is a shell company. The Company is a merger/acquisition vehicle looking for a merger partner.