Enfield Exploration (FRA:EE0) Inventory Turnover: 0.00 (As of Jul. 2016)


What is Enfield Exploration Inventory Turnover?

Enfield Exploration FRA:EE0 Inventory Turnover is 0.00 as of Jul. 2016. The stock has 2 warning signs investors should review.

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. Enfield Exploration's Cost of Goods Sold for the three months ended in Jul. 2016 was €0.00 Mil. Enfield Exploration's Average Total Inventories for the quarter that ended in Jul. 2016 was €0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

Enfield Exploration  (FRA:EE0) 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.

Enfield Exploration's Days Inventory for the three months ended in Jul. 2016 is calculated as:

Days Inventory =Average Total Inventories (Q: Jul. 2016 )/Cost of Goods Sold (Q: Jul. 2016 )*Days in Period
=0/0*365 / 4
=

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.

Enfield Exploration's Inventory to Revenue for the quarter that ended in Jul. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2016 ) / Revenue (Q: Jul. 2016 )
=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.

Enfield Exploration Inventory Turnover Related Terms

Enfield Exploration Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Enfield 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.

Enfield Exploration Inventory Turnover Chart

Enfield Exploration Annual Data
Trend Oct13 Oct14 Oct15
Inventory Turnover
0.00 0.00 0.00

Enfield Exploration Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Enfield Exploration Inventory Turnover Calculation

Enfield Exploration's Inventory Turnover for the fiscal year that ended in Oct. 2015 is calculated as

Inventory Turnover (A: Oct. 2015 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Oct. 2015 ) / ((Total Inventories (A: Oct. 2014 ) + Total Inventories (A: Oct. 2015 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Enfield Exploration's Inventory Turnover for the quarter that ended in Jul. 2016 is calculated as

Inventory Turnover (Q: Jul. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jul. 2016 ) / ((Total Inventories (Q: Apr. 2016 ) + Total Inventories (Q: Jul. 2016 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Enfield Exploration (FRA:EE0) has a Inventory Turnover of 0.00 as of Jul. 2016. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Enfield Exploration and its competitors.
Is Enfield Exploration's Inventory Turnover too high?
Enfield Exploration's current Inventory Turnover is 0.00.
How does Enfield Exploration's Inventory Turnover compare to EUENF and ATLS?
Enfield Exploration'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 Enfield Exploration and its competitors. Enfield Exploration'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 Enfield Exploration stock overvalued right now?
Enfield Exploration (FRA:EE0) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. 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 Enfield Exploration (FRA:EE0), the current Inventory Turnover is 0.00 as of Jul. 2016. 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.

Enfield Exploration Business Description

Industry EnergyOil & Gas
Enfield Exploration Corp was incorporated on November 1, 2013. The Company is engaged in the acquisition, exploration and development of mineral resources with the current focus being nickel resources in Whitehorse, Yukon Territory.