GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Key Energy Services Inc (OTCPK:KEGX) » Definitions » Total Inventories

Key Energy Services (Key Energy Services) Total Inventories : $13.4 Mil (As of Sep. 2020)


View and export this data going back to 1992. Start your Free Trial

What is Key Energy Services Total Inventories?

Key Energy Services's total inventories for the quarter that ended in Sep. 2020 was $13.4 Mil. Key Energy Services's average total inventories from the quarter that ended in Jun. 2020 to the quarter that ended in Sep. 2020 was $13.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Key Energy Services's Net-Net Working Capital per share for the quarter that ended in Sep. 2020 was $-10.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Key Energy Services's Days Inventory for the three months ended in Sep. 2020 was 30.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Key Energy Services's Inventory Turnover for the quarter that ended in Sep. 2020 was 3.00.

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. Key Energy Services's Inventory-to-Revenue for the quarter that ended in Sep. 2020 was 0.32.


Key Energy Services Total Inventories Historical Data

The historical data trend for Key Energy Services's Total Inventories 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.

Key Energy Services Total Inventories Chart

Key Energy Services Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.40 22.27 20.94 15.86 13.57

Key Energy Services Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.21 13.57 13.78 13.70 13.42

Key Energy Services Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Key Energy Services  (OTCPK:KEGX) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Key Energy Services's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2020 is

Net-Net Working Capital Per Share (Q: Sep. 2020 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.542+0.75 * 26.433+0.5 * 13.415-178.867
-0-0)/13.7814
=-10.72

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

Key Energy Services's Days Inventory for the three months ended in Sep. 2020 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2020 )/Cost of Goods Sold (Q: Sep. 2020 )*Days in Period
=13.5565/40.663*365 / 4
=30.42

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

Key Energy Services's Inventory Turnover for the quarter that ended in Sep. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2020 ) / Average Total Inventories (Q: Sep. 2020 )
=40.663 / 13.5565
=3.00

4. 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.

Key Energy Services's Inventory to Revenue for the quarter that ended in Sep. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2020 ) / Revenue (Q: Sep. 2020 )
=13.5565 / 42.911
=0.32

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Key Energy Services Total Inventories Related Terms

Thank you for viewing the detailed overview of Key Energy Services's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Key Energy Services (Key Energy Services) Business Description

Traded in Other Exchanges
N/A
Address
1301 McKinney Street, Suite 1800, Houston, TX, USA, 77010
Key Energy Services Inc is an onshore, rig-based well-servicing contractor. It provides a full range of well-services to oil companies, and independent oil and natural gas production companies. Its services include rig-based and coiled tubing-based well maintenance and workover services, well completion and re-completion services, fluid management services, fishing, and rental services, and other ancillary oilfield services. Its segment includes Rig Services, Fishing, and Rental Services, Coiled Tubing Services and Fluid Management Services within the United States. The company derives the maximum revenue from the Rig Services segment.
Executives
Louis Coale officer: VP and Controller 41 ROLLING LINKS SPRING TX 77386
Nelson Haight officer: Chief Financial Officer 4400 POST OAK PARKWAY, SUITE 1900, HOUSTON TX 77027
Marcus C Rowland director 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
Alan B. Menkes director 1160 DAIRY ASHFORD RD, STE 160, HOUSTON TX 77079
Katherine Hargis officer: VP, CLO and Secretary 1301 MCKINNEY STREET SUITE 1800 HOUSTON TX 77010
Sherman Iii Edmiston director ONE CITYPLACE DRIVE, SUITE 300, ONE CITYPLACE DRIVE, SUITE 300, ST. LOUIS MO 63141
Wommack H H Iii director SOUTHWEST ROYALTIES INC, 407 N BIG SPRING STREET SUITE 300, MIDLAND TX 79701
Jacob Kotzubei director 360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
J Marshall Dodson officer: President, CEO, Interim CFO C/O KEY ENERGY SERVICES, INC. 1301 MCKINNEY STREET, SUITE 1800 HOUSTON TX 77010
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Blackrock Inc. 10 percent owner 50 HUDSON YARDS, NEW YORK NY 10001
Bluemountain Capital Management, Llc 10 percent owner 280 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10017
Bluemountain Gp Holdings, Llc 10 percent owner 280 PARK AVENUE,, 12TH FLOOR, NEW YORK NY 10017
Blue Mountain Credit Alternatives Master Fund L.p. 10 percent owner C/O BLUEMOUNTAIN CAPITAL MANAGEMENT, LLC, 280 PARK AVENUE, 5TH FLOOR EAST, NEW YORK NY 10017