For The Earth (For The Earth) Inventory Turnover : 0.00 (As of Sep. 2004)

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What is For The Earth 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. For The Earth's Cost of Goods Sold for the three months ended in Sep. 2004 was $0.00 Mil. For The Earth's Average Total Inventories for the quarter that ended in Sep. 2004 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.

For The Earth Inventory Turnover Historical Data

The historical data trend for For The Earth'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.

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For The Earth Inventory Turnover Chart

For The Earth Annual Data

Trend

Dec99

Dec00

Dec01

Dec02

Dec03

Inventory Turnover

For The Earth Quarterly Data
	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04
Inventory Turnover	Get a 7-Day Free Trial														-	-	-	-	-

For The Earth Inventory Turnover Calculation

For The Earth's Inventory Turnover for the fiscal year that ended in Dec. 2003 is calculated as

	Inventory Turnover (A: Dec. 2003 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2003 )	/ (	(Total Inventories (A: Dec. 2002 )	+	Total Inventories (A: Dec. 2003 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

For The Earth's Inventory Turnover for the quarter that ended in Sep. 2004 is calculated as

	Inventory Turnover (Q: Sep. 2004 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2004 )	/ (	(Total Inventories (Q: Jun. 2004 )	+	Total Inventories (Q: Sep. 2004 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

For The Earth (OTCPK:FTEG) 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.

For The Earth's Days Inventory for the three months ended in Sep. 2004 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2004 )	/	Cost of Goods Sold (Q: Sep. 2004 )	*	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.

For The Earth's Inventory to Revenue for the quarter that ended in Sep. 2004 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2004 )	/	Revenue (Q: Sep. 2004 )
	=	0	/	0
	=

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.

For The Earth Inventory Turnover Related Terms

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For The Earth (For The Earth) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » For The Earth Corp (OTCPK:FTEG) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2375 East Camelback Road, Suite 600, Phoenix, AZ, USA, 85016

Website

http://www.ftechealth.com

For The Earth Corp is an emerging integrated CBD producer and retailer in the United States. The company is in the process of establishing a vertical framework that will extend from cultivation to extraction and production to a strategic retail footprint that includes multiple locations in Las Vegas and New York featuring mall kiosks, vending machines, e-commerce, and full store locations serving both the human and pet CBD markets.