IFAN (IFAN Financial) Total Inventories: $0.00 Mil (As of May. 2016)


What is IFAN Financial Total Inventories?

IFAN Financial IFAN -99.00% Total Inventories is $0.00 Mil as of May. 2016.

IFAN Financial's total inventories for the quarter that ended in May. 2016 was $0.00 Mil. IFAN Financial's average total inventories from the quarter that ended in Feb. 2016 to the quarter that ended in May. 2016 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. IFAN Financial's Net-Net Working Capital per share for the quarter that ended in May. 2016 was $-0.02.

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

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

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. IFAN Financial's Inventory-to-Revenue for the quarter that ended in May. 2016 was 0.00.

IFAN Financial  (OTCPK:IFAN) 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.

IFAN Financial's Net-Net Working Capital Per Share for the quarter that ended in May. 2016 is

Net-Net Working Capital Per Share (Q: May. 2016 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.135+0.75 * 0.001+0.5 * 0-2.417
-0.001-0)/92.896
=-0.02

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

IFAN Financial's Days Inventory for the three months ended in May. 2016 is calculated as:

Days Inventory=Average Total Inventories (Q: May. 2016 )/Cost of Goods Sold (Q: May. 2016 )*Days in Period
=0/0*365 / 4
=

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

IFAN Financial's Inventory Turnover for the quarter that ended in May. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: May. 2016 ) / Average Total Inventories (Q: May. 2016 )
=0 / 0
=N/A

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.

IFAN Financial's Inventory to Revenue for the quarter that ended in May. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: May. 2016 ) / Revenue (Q: May. 2016 )
=0 / 0.268
=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.

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.

IFAN Financial Total Inventories Related Terms

IFAN Financial Total Inventories Historical Data

* Premium members only.

The historical data trend for IFAN Financial'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.

IFAN Financial Total Inventories Chart

IFAN Financial Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15
Total Inventories
0.00 0.00 0.00 0.00 0.00

IFAN Financial Quarterly Data
Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16
Total Inventories 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

IFAN Financial 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.00 Mil mean?
IFAN Financial (IFAN) has a Total Inventories of $0.00 Mil as of May. 2016. The total amount of inventory as recorded on a company's balance sheet. View historical data for IFAN Financial and its competitors.
Is IFAN Financial's Total Inventories too high?
IFAN Financial's current Total Inventories is $0.00 Mil.
How does IFAN Financial's Total Inventories compare to ADAC and VCAN?
IFAN Financial's Total Inventories of $0.00 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Diversified Financial Services company?
A good Total Inventories depends on the Diversified Financial Services industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for IFAN Financial and its competitors. IFAN Financial's current Total Inventories is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFAN Financial stock overvalued right now?
IFAN Financial (IFAN) has a current Total Inventories of $0.00 Mil. The current Total Inventories is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For IFAN Financial (IFAN), the current Total Inventories is $0.00 Mil as of May. 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.

IFAN Financial Business Description

Address 607 Shelby, 700-1005, Detroit, MI, USA, 48226
IFAN Financial Inc is a shell company.