ONTRF (Blackrock Oil) Inventory Turnover: 0.00 (As of Jun. 2014)


What is Blackrock Oil Inventory Turnover?

Blackrock Oil ONTRF Inventory Turnover is 0.00 as of Jun. 2014.

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. Blackrock Oil's Cost of Goods Sold for the six months ended in Jun. 2014 was $0.00 Mil. Blackrock Oil's Average Total Inventories for the quarter that ended in Jun. 2014 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.

Blackrock Oil  (OTCPK:ONTRF) 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.

Blackrock Oil's Days Inventory for the six months ended in Jun. 2014 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2014 )/Cost of Goods Sold (Q: Jun. 2014 )*Days in Period
=0/0*365 / 2
=

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.

Blackrock Oil's Inventory to Revenue for the quarter that ended in Jun. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2014 ) / Revenue (Q: Jun. 2014 )
=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.

Blackrock Oil Inventory Turnover Related Terms

Blackrock Oil Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Blackrock Oil'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.

Blackrock Oil Inventory Turnover Chart

Blackrock Oil Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14
Inventory Turnover
0.00 0.00 0.00 0.00 0.00

Blackrock Oil Semi-Annual Data
Jun10 Jun11 Jun12 Jun13 Jun14
Inventory Turnover 0.00 0.00 0.00 0.00 0.00

Blackrock Oil Inventory Turnover Calculation

Blackrock Oil's Inventory Turnover for the fiscal year that ended in Jun. 2014 is calculated as

Inventory Turnover (A: Jun. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2014 ) / ((Total Inventories (A: Jun. 2013 ) + Total Inventories (A: Jun. 2014 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Blackrock Oil's Inventory Turnover for the quarter that ended in Jun. 2014 is calculated as

Inventory Turnover (Q: Jun. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2014 ) / ((Total Inventories (Q: Jun. 2013 ) + Total Inventories (Q: Jun. 2014 )) / 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?
Blackrock Oil (ONTRF) has a Inventory Turnover of 0.00 as of Jun. 2014. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Blackrock Oil and its competitors.
Is Blackrock Oil's Inventory Turnover too high?
Blackrock Oil's current Inventory Turnover is 0.00.
How does Blackrock Oil's Inventory Turnover compare to WODI and BMMCF?
Blackrock Oil'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 Blackrock Oil and its competitors. Blackrock Oil'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 Blackrock Oil stock overvalued right now?
Blackrock Oil (ONTRF) 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 Blackrock Oil (ONTRF), the current Inventory Turnover is 0.00 as of Jun. 2014. 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.

Blackrock Oil Business Description

Industry EnergyOil & Gas
Address 255 Duncan Mill Road, Suite 203, Toronto, ON, CAN, M3B 3H9
Blackrock Oil Corp is a development stage company. It is engaged in the acquisition of oil and gas royalties, oil and gas exploration and production business in the Western Canadian Sedimentary Basin.