FPPP (FieldPoint Petroleum) Inventory Turnover: 0.00 (As of Mar. 2019)

What is FieldPoint Petroleum Inventory Turnover?

FieldPoint Petroleum FPPP 16 Inventory Turnover is 0.00 as of Mar. 2019. GuruFocus rates FPPP with a GF Score™ of 16/100.

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. FieldPoint Petroleum's Cost of Goods Sold for the three months ended in Mar. 2019 was $0.39 Mil. FieldPoint Petroleum's Average Total Inventories for the quarter that ended in Mar. 2019 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. FieldPoint Petroleum's Days Inventory for the three months ended in Mar. 2019 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. FieldPoint Petroleum's Inventory-to-Revenue for the quarter that ended in Mar. 2019 was 0.00.

FieldPoint Petroleum (OTCPK:FPPP) 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.

FieldPoint Petroleum's Days Inventory for the three months ended in Mar. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2019 )	/	Cost of Goods Sold (Q: Mar. 2019 )	*	Days in Period
	=	0	/	0.386	*	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.

FieldPoint Petroleum's Inventory to Revenue for the quarter that ended in Mar. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2019 )	/	Revenue (Q: Mar. 2019 )
	=	0	/	0.467
	=	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.

FieldPoint Petroleum Inventory Turnover Related Terms

FieldPoint Petroleum Inventory Turnover Historical Data

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The historical data trend for FieldPoint Petroleum's Inventory Turnover can be seen below:

FieldPoint Petroleum Inventory Turnover Chart

FieldPoint Petroleum Annual Data

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Inventory Turnover

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FieldPoint Petroleum Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Inventory Turnover	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

16GF Score

FieldPoint Petroleum Corp FPPP

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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FieldPoint Petroleum Inventory Turnover Calculation

FieldPoint Petroleum's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Inventory Turnover (A: Dec. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2018 )	/ (	(Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )
=	1.683	/ (	(0	+	0)	/	1 )
=	1.683	/	0
=	N/A

FieldPoint Petroleum's Inventory Turnover for the quarter that ended in Mar. 2019 is calculated as

	Inventory Turnover (Q: Mar. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2019 )	/ (	(Total Inventories (Q: Dec. 2018 )	+	Total Inventories (Q: Mar. 2019 ))	/	count )
=	0.386	/ (	(0	+	0)	/	1 )
=	0.386	/	0
=	N/A

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.00 mean?

FieldPoint Petroleum (FPPP) has a Inventory Turnover of 0.00 as of Mar. 2019. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on FieldPoint Petroleum and its competitors.

Is FieldPoint Petroleum's Inventory Turnover too high?

FieldPoint Petroleum's current Inventory Turnover is 0.00. Overall, FieldPoint Petroleum has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.

How does FieldPoint Petroleum's Inventory Turnover compare to PRHRQ and GBEYF?

FieldPoint Petroleum'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 FieldPoint Petroleum and its competitors. FieldPoint Petroleum'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 FieldPoint Petroleum stock overvalued right now?

FieldPoint Petroleum (FPPP) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. FieldPoint Petroleum's overall GF Score™ is 16/100. 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 FieldPoint Petroleum (FPPP), the current Inventory Turnover is 0.00 as of Mar. 2019. 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.

FieldPoint Petroleum Business Description

Industry Energy Oil & Gas

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Address 609 Castle Ridge Road, Suite 335, Austin, TX, USA, 78746

Website http://www.fppcorp.com

FieldPoint Petroleum Corp is a US based company operates in oil and natural gas business. The business activity of the group includes acquisition, development, and operation of oil and natural gas properties. It holds an interest in properties such as Spraberry Trend, and Serbin Field, Texas; Flying M Field, Sulimar Field, North Bilbrey Field, Lusk Field, and Loving North Morrow Field, New Mexico and others. Geographically activities are conducted generally through the region of United States.

16GF Score

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