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

View and export this data going back to 1998. Start your Free Trial

What is FieldPoint Petroleum 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. 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 Inventory Turnover Historical Data

The historical data trend for FieldPoint Petroleum'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.

FieldPoint Petroleum Inventory Turnover Chart

FieldPoint Petroleum Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Inventory Turnover

Get a 7-Day Free Trial

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															-	-	-	-	-

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

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

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

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

FieldPoint Petroleum (FieldPoint Petroleum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » FieldPoint Petroleum Corp (OTCPK:FPPP) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

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.

Executives

Daniel R Robinson

director

190 COYOTE COURT, ARGYLE TX 76226