IFLM (Independent Film Development) Inventory Turnover: 6.80 (As of Jun. 2016)


What is Independent Film Development Inventory Turnover?

Independent Film Development IFLM -90.00% Inventory Turnover is 6.80 as of Jun. 2016.

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. Independent Film Development's Cost of Goods Sold for the three months ended in Jun. 2016 was $0.03 Mil. Independent Film Development's Average Total Inventories for the quarter that ended in Jun. 2016 was $0.01 Mil. Independent Film Development's Inventory Turnover for the quarter that ended in Jun. 2016 was 6.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Independent Film Development's Days Inventory for the three months ended in Jun. 2016 was 13.42.

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. Independent Film Development's Inventory-to-Revenue for the quarter that ended in Jun. 2016 was 0.09.

Independent Film Development  (OTCPK:IFLM) 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.

Independent Film Development's Days Inventory for the three months ended in Jun. 2016 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2016 )/Cost of Goods Sold (Q: Jun. 2016 )*Days in Period
=0.005/0.034*365 / 4
=13.42

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.

Independent Film Development's Inventory to Revenue for the quarter that ended in Jun. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2016 ) / Revenue (Q: Jun. 2016 )
=0.005 / 0.058
=0.09

* 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.

Independent Film Development Inventory Turnover Related Terms

Independent Film Development Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Independent Film Development'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.

Independent Film Development Inventory Turnover Chart

Independent Film Development Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Independent Film Development Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 6.80

Independent Film Development Inventory Turnover Calculation

Independent Film Development's Inventory Turnover for the fiscal year that ended in Sep. 2015 is calculated as

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

Independent Film Development's Inventory Turnover for the quarter that ended in Jun. 2016 is calculated as

Inventory Turnover (Q: Jun. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2016 ) / ((Total Inventories (Q: Mar. 2016 ) + Total Inventories (Q: Jun. 2016 )) / count )
=0.034 / ((0 + 0.005) / 1 )
=0.034 / 0.005
=6.80

* 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 6.80 mean?
Independent Film Development (IFLM) has a Inventory Turnover of 6.80 as of Jun. 2016. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Independent Film Development and its competitors.
Is Independent Film Development's Inventory Turnover too high?
Independent Film Development's current Inventory Turnover is 6.80.
How does Independent Film Development's Inventory Turnover compare to ASKH and CRCO?
Independent Film Development's Inventory Turnover of 6.80 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Inventory Turnover depends on the Media - Diversified 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 Independent Film Development and its competitors. Independent Film Development's current Inventory Turnover is 6.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independent Film Development stock overvalued right now?
Independent Film Development (IFLM) has a current Inventory Turnover of 6.80. The current Inventory Turnover is 6.80. 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 Independent Film Development (IFLM), the current Inventory Turnover is 6.80 as of Jun. 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.

Independent Film Development Business Description

Address 2732 Morse Avenue, Suite 413, Irvine, CA, USA, 92614
Independent Film Development Corp has its business spread through three domains. It holds interests in C2C Restaurant Group, Inc. (C2C), a restaurant holding company. The company focuses on the development of content creation/distribution projects, both in the form of original theatrical material, as well as related and/or derivative programming related to the operations of C2C. The firm also intends to acquire real estate assets.