Foodfest International 2000 (Foodfest International 2000) Total Inventories : $2.06 Mil (As of Sep. 2011)

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What is Foodfest International 2000 Total Inventories?

Foodfest International 2000's total inventories for the quarter that ended in Sep. 2011 was $2.06 Mil. Foodfest International 2000's average total inventories from the quarter that ended in Jun. 2011 to the quarter that ended in Sep. 2011 was $2.14 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Foodfest International 2000's Net-Net Working Capital per share for the quarter that ended in Sep. 2011 was $-0.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Foodfest International 2000's Days Inventory for the three months ended in Sep. 2011 was 67.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Foodfest International 2000's Inventory Turnover for the quarter that ended in Sep. 2011 was 1.36.

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. Foodfest International 2000's Inventory-to-Revenue for the quarter that ended in Sep. 2011 was 0.63.

Foodfest International 2000 Total Inventories Historical Data

The historical data trend for Foodfest International 2000's Total Inventories 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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Foodfest International 2000 Total Inventories Chart

Foodfest International 2000 Annual Data

Trend

Oct06

Oct07

Oct08

Oct09

Total Inventories

Foodfest International 2000 Quarterly Data
	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Dec10	Mar11	Jun11	Sep11
Total Inventories	Get a 7-Day Free Trial														-	2.36	2.77	2.21	2.06

Foodfest International 2000 Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Foodfest International 2000 (OTCPK:FDFT) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Foodfest International 2000's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2011 is

	Net-Net Working Capital Per Share (Q: Sep. 2011 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0	+	0.75 * 1.242	+	0.5 * 2.06	-	5.834
-	0	-	0)	/	52.3508
=	-0.07

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

Foodfest International 2000's Days Inventory for the three months ended in Sep. 2011 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2011 )	/	Cost of Goods Sold (Q: Sep. 2011 )	*	Days in Period
	=	2.1365	/	2.908	*	365 / 4
	=	67.04

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Foodfest International 2000's Inventory Turnover for the quarter that ended in Sep. 2011 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2011 )	/	Average Total Inventories (Q: Sep. 2011 )
	=	2.908	/	2.1365
	=	1.36

4. 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.

Foodfest International 2000's Inventory to Revenue for the quarter that ended in Sep. 2011 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2011 )	/	Revenue (Q: Sep. 2011 )
	=	2.1365	/	3.401
	=	0.63

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Foodfest International 2000 Total Inventories Related Terms

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Foodfest International 2000 (Foodfest International 2000) Business Description

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Address

1016 9th Street, Coronado, CA, USA, 92118

Website

http://www.foodfestinternational2000.com

Foodfest International 2000 Inc currently has no operations.

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