First Federal of Northern Michigan Bancorp (First Federal of Northern Michigan Bancorp) Change In Inventory : $0.00 Mil (TTM As of Sep. 2017)

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What is First Federal of Northern Michigan Bancorp Change In Inventory?

First Federal of Northern Michigan Bancorp's change in inventory for the quarter that ended in Sep. 2017 was $0.00 Mil. It means First Federal of Northern Michigan Bancorp's inventory stayed the same from Jun. 2017 to Sep. 2017 .

First Federal of Northern Michigan Bancorp's change in inventory for the fiscal year that ended in Dec. 2016 was $0.00 Mil. It means First Federal of Northern Michigan Bancorp's inventory stayed the same from Dec. 2015 to Dec. 2016 .

First Federal of Northern Michigan Bancorp's Total Inventories for the quarter that ended in Sep. 2017 was $0.00 Mil.

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. First Federal of Northern Michigan Bancorp's Inventory-to-Revenue for the quarter that ended in Sep. 2017 was 0.00.

First Federal of Northern Michigan Bancorp Change In Inventory Historical Data

The historical data trend for First Federal of Northern Michigan Bancorp's Change In Inventory 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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First Federal of Northern Michigan Bancorp Change In Inventory Chart

First Federal of Northern Michigan Bancorp Annual Data

Trend

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Change In Inventory

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First Federal of Northern Michigan Bancorp Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

First Federal of Northern Michigan Bancorp Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

First Federal of Northern Michigan Bancorp (OTCPK:FFNM) Change In Inventory Explanation

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

First Federal of Northern Michigan Bancorp's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0	*	365 / 4
	=	N/A

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

First Federal of Northern Michigan Bancorp's Inventory Turnover for the quarter that ended in Sep. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

3. 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.

First Federal of Northern Michigan Bancorp's Inventory to Revenue for the quarter that ended in Sep. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	3.029
	=	0.00

First Federal of Northern Michigan Bancorp Change In Inventory Related Terms

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First Federal of Northern Michigan Bancorp (First Federal of Northern Michigan Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Federal of Northern Michigan Bancorp Inc (OTCPK:FFNM) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.first-federal.com

First Federal of Northern Michigan Bancorp Inc operates as a full-service, community-oriented savings bank whose primary lending activity is the origination of one- to four-family residential real estate mortgages, commercial real estate loans, commercial loans, and consumer loans. Its primary services include accepting deposits, making a commercial, consumer and mortgage loans, and engaging in mortgage banking activities. Geographically all the operation of the group is functioned through the region of US.

Executives

Martin A Thomson

director