Tuscany Energy (Tuscany Energy) Inventory Turnover : 0.00 (As of Mar. 2016)

View and export this data going back to 2013. Start your Free Trial

What is Tuscany 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. Tuscany Energy's Cost of Goods Sold for the three months ended in Mar. 2016 was $0.77 Mil. Tuscany Energy's Average Total Inventories for the quarter that ended in Mar. 2016 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tuscany Energy's Days Inventory for the three months ended in Mar. 2016 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. Tuscany Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2016 was 0.00.

Tuscany Energy Inventory Turnover Historical Data

The historical data trend for Tuscany 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.

* Premium members only.

Tuscany Energy Inventory Turnover Chart

Tuscany Energy Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Inventory Turnover

Get a 7-Day Free Trial

Tuscany Energy Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Tuscany Energy Inventory Turnover Calculation

Tuscany Energy'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 )
=	4.576	/ (	(0	+	0)	/	1 )
=	4.576	/	0
=	N/A

Tuscany Energy's Inventory Turnover for the quarter that ended in Mar. 2016 is calculated as

	Inventory Turnover (Q: Mar. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2016 )	/ (	(Total Inventories (Q: Dec. 2015 )	+	Total Inventories (Q: Mar. 2016 ))	/	count )
=	0.766	/ (	(0	+	0)	/	1 )
=	0.766	/	0
=	N/A

Tuscany Energy (OTCPK:TSCAF) 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.

Tuscany Energy's Days Inventory for the three months ended in Mar. 2016 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2016 )	/	Cost of Goods Sold (Q: Mar. 2016 )	*	Days in Period
	=	0	/	0.766	*	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.

Tuscany Energy's Inventory to Revenue for the quarter that ended in Mar. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2016 )	/	Revenue (Q: Mar. 2016 )
	=	0	/	0.706
	=	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.

Tuscany Energy Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Tuscany Energy's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Tuscany Energy (Tuscany Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tuscany Energy Ltd (OTCPK:TSCAF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1800, 633 – 6th Avenue South West, Calgary, AB, CAN, T2P 2Y5

Website

http://www.tuscanyenergy.com

Tuscany Energy Ltd is a heavy oil development and production company with reserves, land holdings and production in Canada. Its is engaged in the exploitation of oil resources in Alberta and Saskatchewan through horizontal drilling.

Tuscany Energy (Tuscany Energy) Headlines

No Headlines