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Forge Innovation Development (Forge Innovation Development) Inventory-to-Revenue : 0.00 (As of Mar. 2024)


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What is Forge Innovation Development Inventory-to-Revenue?

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. Forge Innovation Development's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.00 Mil. Forge Innovation Development's Revenue for the three months ended in Mar. 2024 was $0.14 Mil. Forge Innovation Development's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Forge Innovation Development's Inventory-to-Revenue for the quarter that ended in Mar. 2024 stayed the same from Dec. 2023 (0.00) to Dec. 2023 (0.00)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Forge Innovation Development's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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


Forge Innovation Development Inventory-to-Revenue Historical Data

The historical data trend for Forge Innovation Development's Inventory-to-Revenue 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.

* Premium members only.

Forge Innovation Development Inventory-to-Revenue Chart

Forge Innovation Development Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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Forge Innovation Development Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Forge Innovation Development's Inventory-to-Revenue

For the Real Estate Services subindustry, Forge Innovation Development's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Forge Innovation Development's Inventory-to-Revenue Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Forge Innovation Development's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Forge Innovation Development's Inventory-to-Revenue falls into.



Forge Innovation Development Inventory-to-Revenue Calculation

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.

Forge Innovation Development's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (0 + 0) / 1 ) / 0.438
=0 / 0.438
=0.00

Forge Innovation Development's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (0 + 0) / 1 ) / 0.136
=0 / 0.136
=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.


Forge Innovation Development  (OTCPK:FGNV) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Forge Innovation Development's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=0/0.036*365 / 4
=0.00

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

Forge Innovation Development's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=0.036 / 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.


Forge Innovation Development Inventory-to-Revenue Related Terms

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Forge Innovation Development (Forge Innovation Development) Business Description

Traded in Other Exchanges
N/A
Address
6280 Mission Boulevard, Unit 205, Jurupa Valley, CA, USA, 92509
Forge Innovation Development Corp is a real estate development company. The company is engaged in commercial and residential land development, including purchase and sale of real estate, targeting properties in Southern California. Its primary business is to acquire land and develop and sell fully constructed homes and commercial property such as stores, offices, and private schools, among others to non-affiliated third parties. It also intends to invest its funds in income-yielding properties.

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