Independent Film Development (Independent Film Development) Total Inventories : $0.01 Mil (As of Jun. 2016)

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What is Independent Film Development Total Inventories?

Independent Film Development's total inventories for the quarter that ended in Jun. 2016 was $0.01 Mil. Independent Film Development's average total inventories from the quarter that ended in Mar. 2016 to the quarter that ended in Jun. 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. Independent Film Development's Net-Net Working Capital per share for the quarter that ended in Jun. 2016 was $-0.01.

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 6.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Independent Film Development's Inventory Turnover for the quarter that ended in Jun. 2016 was 13.60.

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 0.04.

Independent Film Development Total Inventories Historical Data

The historical data trend for Independent Film Development'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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Independent Film Development Total Inventories Chart

Independent Film Development Annual Data

Trend

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Total Inventories

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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
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	0.01

Independent Film Development 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.

Independent Film Development (OTCPK:IFLM) 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.

Independent Film Development's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2016 is

	Net-Net Working Capital Per Share (Q: Jun. 2016 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.025	+	0.75 * 0	+	0.5 * 0.005	-	2.415
-	0.001	-	0)	/	323.474
=	-0.01

2. 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
	=	0.0025	/	0.034	*	365 / 4
	=	6.71

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

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

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2016 )	/	Average Total Inventories (Q: Jun. 2016 )
	=	0.034	/	0.0025
	=	13.60

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.

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 )
	=	0.0025	/	0.058
	=	0.04

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.

Independent Film Development Total Inventories Related Terms

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Independent Film Development (Independent Film Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Independent Film Development Corp (OTCPK:IFLM) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

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Address

2732 Morse Avenue, Suite 413, Irvine, CA, USA, 92614

Website

http://www.independentfilmdevelopment.com

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.

Executives

Rachel Boulds Cpa, Pllc

officer: CFO

6371 S. GLENOAKS STREET, MURRAY UT 84107

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