Aroway Energy (Aroway Energy) Inventory Turnover : 0.00 (As of Mar. 2015)

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What is Aroway Energy Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Aroway Energy's Cost of Goods Sold for the three months ended in Mar. 2015 was $0.27 Mil. Aroway Energy's Average Total Inventories for the quarter that ended in Mar. 2015 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aroway Energy's Days Inventory for the three months ended in Mar. 2015 was 0.00.

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. Aroway Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2015 was 0.00.

Aroway Energy Inventory Turnover Historical Data

The historical data trend for Aroway Energy's Inventory Turnover 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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Aroway Energy Inventory Turnover Chart

Aroway Energy Annual Data

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Inventory Turnover

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Aroway Energy Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
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Aroway Energy Inventory Turnover Calculation

Aroway Energy's Inventory Turnover for the fiscal year that ended in Jun. 2014 is calculated as

	Inventory Turnover (A: Jun. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2014 )	/ (	(Total Inventories (A: Jun. 2013 )	+	Total Inventories (A: Jun. 2014 ))	/	count )
=	4.991	/ (	(0	+	0)	/	1 )
=	4.991	/	0
=	N/A

Aroway Energy's Inventory Turnover for the quarter that ended in Mar. 2015 is calculated as

	Inventory Turnover (Q: Mar. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2015 )	/ (	(Total Inventories (Q: Dec. 2014 )	+	Total Inventories (Q: Mar. 2015 ))	/	count )
=	0.27	/ (	(0	+	0)	/	1 )
=	0.27	/	0
=	N/A

Aroway Energy (GREY:ARWJF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Aroway Energy's Days Inventory for the three months ended in Mar. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2015 )	/	Cost of Goods Sold (Q: Mar. 2015 )	*	Days in Period
	=	0	/	0.27	*	365 / 4
	=	0.00

2. 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.

Aroway Energy's Inventory to Revenue for the quarter that ended in Mar. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2015 )	/	Revenue (Q: Mar. 2015 )
	=	0	/	0.143
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Aroway Energy Inventory Turnover Related Terms

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Aroway Energy (Aroway Energy) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aroway Energy Inc (GREY:ARWJF) » Definitions » Inventory Turnover

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Address

1414 - 8th Street SW, Suite 340, Calgary, AB, CAN, T2R 1J6

Website

http://www.arowayenergy.com

Aroway Energy Inc is engaged in the exploration and development of oil and gas properties. Its operations take place in Canada, Alberta.

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