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LinnCo LLC (LinnCo LLC) Inventory Turnover : 0.00 (As of Sep. 2016)


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What is LinnCo LLC 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. LinnCo LLC's Cost of Goods Sold for the three months ended in Sep. 2016 was $0.00 Mil. LinnCo LLC's Average Total Inventories for the quarter that ended in Sep. 2016 was $0.00 Mil.

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

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.


LinnCo LLC Inventory Turnover Historical Data

The historical data trend for LinnCo LLC'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.

* Premium members only.

LinnCo LLC Inventory Turnover Chart

LinnCo LLC Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Inventory Turnover
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LinnCo LLC Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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LinnCo LLC Inventory Turnover Calculation

LinnCo LLC's Inventory Turnover for the fiscal year that ended in Dec. 2015 is calculated as

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

LinnCo LLC's Inventory Turnover for the quarter that ended in Sep. 2016 is calculated as

Inventory Turnover (Q: Sep. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2016 ) / ((Total Inventories (Q: Jun. 2016 ) + Total Inventories (Q: Sep. 2016 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.


LinnCo LLC  (OTCPK:LNCOQ) 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.

LinnCo LLC's Days Inventory for the three months ended in Sep. 2016 is calculated as:

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

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.

LinnCo LLC's Inventory to Revenue for the quarter that ended in Sep. 2016 is calculated as

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


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.


LinnCo LLC Inventory Turnover Related Terms

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LinnCo LLC (LinnCo LLC) Business Description

Traded in Other Exchanges
N/A
Address
LinnCo LLC is a Delaware limited liability company formed on April 30, 2012, under the Delaware Limited Liability Company Act. The Company owns interests in Linn Energy, LLC. It had no significant assets or operations other than those related to its interest in LINN Energy. LINN Energy is an independent oil and natural gas company. Its properties, including those acquired in the Berry acquisition, are located in seven operating regions in the U.S. are Rockies, which includes properties located in Wyoming (Green River Basin and Powder River Basin), Utah (Uinta Basin), North Dakota (Williston Basin) and Colorado (Piceance Basin); Mid-Continent, which includes properties in Oklahoma, Louisiana and the eastern portion of the Texas Panhandle (including the Granite Wash and Cleveland horizontal plays); Hugoton Basin, which includes properties located in Kansas and the Shallow Texas Panhandle; California, which includes the San Joaquin Valley Basin and the Los Angeles Basin; Permian Basin, which includes areas in west Texas and southeast New Mexico; Michigan/Illinois, which includes the Antrim Shale formation in the northern part of Michigan and oil properties in southern Illinois; and East Texas, which includes properties located in east Texas.
Executives
Stephen J Hadden director 3 SUMMIT PARK DRIVE, SUITE 700, INDEPENDENCE OH 44131
Mark E Ellis director, officer: Chairman, President and CEO 717 TEXAS AVENUE, SUITE 2100, HOUSTON TX 77002
Michael C Linn director 650 WASHINGTON ROAD, 8TH FLOOR, PITTSBURGH PA 15228
David D Dunlap other: Former Director 3003 SWISS AVE HOUSTON TX 75204
George A Alcorn director P O BOX 4362, HOUSTON TX 77210-4362
Jeffrey C Swoveland director C/O PETROLEUM DEVELOPMENT CORP, 1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203

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