VMRI (Valmie Resources) Inventory Turnover: 0.00 (As of Feb. 2017)


What is Valmie Resources Inventory Turnover?

Valmie Resources VMRI -99.00% Inventory Turnover is 0.00 as of Feb. 2017.

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. Valmie Resources's Cost of Goods Sold for the three months ended in Feb. 2017 was $0.00 Mil. Valmie Resources's Average Total Inventories for the quarter that ended in Feb. 2017 was $0.02 Mil. Valmie Resources's Inventory Turnover for the quarter that ended in Feb. 2017 was 0.00.

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.

Valmie Resources  (OTCPK:VMRI) 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.

Valmie Resources's Days Inventory for the three months ended in Feb. 2017 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2017 )/Cost of Goods Sold (Q: Feb. 2017 )*Days in Period
=0.0225/0*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.

Valmie Resources's Inventory to Revenue for the quarter that ended in Feb. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2017 ) / Revenue (Q: Feb. 2017 )
=0.0225 / 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.

Valmie Resources Inventory Turnover Related Terms

Valmie Resources Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Valmie Resources'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.

Valmie Resources Inventory Turnover Chart

Valmie Resources Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Inventory Turnover
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Valmie Resources Quarterly Data
May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17
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 0.00

Valmie Resources Inventory Turnover Calculation

Valmie Resources's Inventory Turnover for the fiscal year that ended in Nov. 2016 is calculated as

Inventory Turnover (A: Nov. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Nov. 2016 ) / ((Total Inventories (A: Nov. 2015 ) + Total Inventories (A: Nov. 2016 )) / count )
=0 / ((0 + 0.004) / 1 )
=0 / 0.004
=0.00

Valmie Resources's Inventory Turnover for the quarter that ended in Feb. 2017 is calculated as

Inventory Turnover (Q: Feb. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2017 ) / ((Total Inventories (Q: Nov. 2016 ) + Total Inventories (Q: Feb. 2017 )) / count )
=0 / ((0.004 + 0.041) / 2 )
=0 / 0.0225
=0.00

* 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?
Valmie Resources (VMRI) has a Inventory Turnover of 0.00 as of Feb. 2017. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Valmie Resources and its competitors.
Is Valmie Resources' Inventory Turnover too high?
Valmie Resources' current Inventory Turnover is 0.00.
How does Valmie Resources' Inventory Turnover compare to CRTG and SFIV?
Valmie Resources' Inventory Turnover of 0.00 can be compared against companies in the Hardware 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 Hardware company?
A good Inventory Turnover depends on the Hardware 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 Valmie Resources and its competitors. Valmie Resources'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 Valmie Resources stock overvalued right now?
Valmie Resources (VMRI) 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 Valmie Resources (VMRI), the current Inventory Turnover is 0.00 as of Feb. 2017. 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.

Valmie Resources Business Description

Address 1001 S Dairy Ashford Road, Suite 100, Houston, TX, USA, 77077
Valmie Resources Inc is engaged in the commercialization of products and services in the technology industry. The company focuses on unmanned aerial vehicle software, hardware and cloud services for commercial applications.