GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Niko Resources Ltd (OTCPK:NKRSF) » Definitions » Total Inventories

Niko Resources (Niko Resources) Total Inventories : $0.00 Mil (As of Dec. 2018)


View and export this data going back to 2010. Start your Free Trial

What is Niko Resources Total Inventories?

Niko Resources's total inventories for the quarter that ended in Dec. 2018 was $0.00 Mil. Niko Resources's average total inventories from the quarter that ended in Sep. 2018 to the quarter that ended in Dec. 2018 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Niko Resources's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $-4.06.

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

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

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.


Niko Resources Total Inventories Historical Data

The historical data trend for Niko Resources'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.

Niko Resources Total Inventories Chart

Niko Resources Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.60 7.89 4.17 3.66 4.14

Niko Resources Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 3.81 4.14 3.98 - -

Niko Resources 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.


Niko Resources  (OTCPK:NKRSF) 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.

Niko Resources's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2018 is

Net-Net Working Capital Per Share (Q: Dec. 2018 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5.111+0.75 * 0.147+0.5 * 0-387.158
-0-0)/94.05
=-4.06

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

Niko Resources's Days Inventory for the three months ended in Dec. 2018 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2018 )/Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=0/0*365 / 4
=

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

Niko Resources's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2018 ) / Average Total Inventories (Q: Dec. 2018 )
=0 / 0
=N/A

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.

Niko Resources's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2018 ) / Revenue (Q: Dec. 2018 )
=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

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.


Niko Resources Total Inventories Related Terms

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


Niko Resources (Niko Resources) Business Description

Traded in Other Exchanges
N/A
Address
205 - 5th Avenue SW, Suite 1500, Calgary, AB, CAN, T2P 2V7
Niko Resources Ltd is an oil and natural gas exploration and production company.

Niko Resources (Niko Resources) Headlines

From GuruFocus

Niko Reports Results for the Quarter Ended December 31, 2018

By GlobeNewswire GlobeNewswire 02-13-2019

Niko Reports Results for the Quarter Ended September 30, 2018

By GlobeNewswire GlobeNewswire 11-13-2018