GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Prospect Global Resources Inc (GREY:PGRX) » Definitions » Total Inventories

Prospect Global Resources (Prospect Global Resources) Total Inventories : $0.00 Mil (As of Dec. 2013)


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

What is Prospect Global Resources Total Inventories?

Prospect Global Resources's total inventories for the quarter that ended in Dec. 2013 was $0.00 Mil. Prospect Global Resources's average total inventories from the quarter that ended in Sep. 2013 to the quarter that ended in Dec. 2013 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Prospect Global Resources's Net-Net Working Capital per share for the quarter that ended in Dec. 2013 was $-41.37.

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.


Prospect Global Resources Total Inventories Historical Data

The historical data trend for Prospect Global 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.

Prospect Global Resources Total Inventories Chart

Prospect Global Resources Annual Data
Trend Dec09 Dec10 Dec11 Mar12 Mar13
Total Inventories
- - - - -

Prospect Global Resources Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 - - - - -

Prospect Global 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.


Prospect Global Resources  (GREY:PGRX) 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.

Prospect Global Resources's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2013 is

Net-Net Working Capital Per Share (Q: Dec. 2013 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.051+0.75 * 0+0.5 * 0-173.443
-0-0)/4.19166
=-41.37

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

Prospect Global Resources's Days Inventory for the three months ended in Dec. 2013 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2013 )/Cost of Goods Sold (Q: Dec. 2013 )*Days in Period
=0/0*365 / 4
=

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

Prospect Global Resources's Inventory Turnover for the quarter that ended in Dec. 2013 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2013 ) / Average Total Inventories (Q: Dec. 2013 )
=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.

Prospect Global Resources's Inventory to Revenue for the quarter that ended in Dec. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2013 ) / Revenue (Q: Dec. 2013 )
=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.


Prospect Global Resources Total Inventories Related Terms

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


Prospect Global Resources (Prospect Global Resources) Business Description

Traded in Other Exchanges
N/A
Address
1401 17th Street, Suite 1550, Denver, CO, USA, 80202
Prospect Global Resources Inc is engaged in the exploration and mining of natural resources. The Company is engaged in the exploration and mining of potash in the Holbrook Basin of eastern Arizona.

Prospect Global Resources (Prospect Global Resources) Headlines

No Headlines