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American Noble Gas (American Noble Gas) Total Inventories : $0.00 Mil (As of Sep. 2023)


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What is American Noble Gas Total Inventories?

American Noble Gas's total inventories for the quarter that ended in Sep. 2023 was $0.00 Mil. American Noble Gas's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. American Noble Gas's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. American Noble Gas's Days Inventory for the three months ended in Sep. 2023 was 0.00.

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. American Noble Gas's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.


American Noble Gas Total Inventories Historical Data

The historical data trend for American Noble Gas'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.

American Noble Gas Total Inventories Chart

American Noble Gas Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
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American Noble Gas Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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American Noble Gas 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.


American Noble Gas  (OTCPK:AMNI) 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.

American Noble Gas's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.106+0.75 * 0.035+0.5 * 0-5.946
-0-0)/24.0695
=-0.24

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

American Noble Gas's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=0/0.097*365 / 4
=0.00

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

American Noble Gas's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=0.097 / 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.

American Noble Gas's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0 / 0.022
=0.00

* 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.


American Noble Gas Total Inventories Related Terms

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American Noble Gas (American Noble Gas) Business Description

Traded in Other Exchanges
N/A
Address
15612 College Boulevard, Lenexa, KS, USA, 66219
American Noble Gas Inc is active in the energy sector. It has conducted an environmental study and developed geological information from the reprocessing and additional evaluation of existing three-dimensional (3-D) seismic data in the Perlas and Tyra concession blocks.
Executives
Thomas J Heckman 10 percent owner, officer: CEO & CFO 15612 COLLEGE BLVD., LENEXA KS 66219
John A Loeffelbein officer: Chief Operating Officer 11900 COLLEGE BLVD., SUITE 310, OVERLAND PARK, KANSAS KS 66210
Amegy Bank National Association /gfn 10 percent owner
Daniel F Hutchins director, officer: CFO & Secretary 11900 COLLEGE BOULEVARD, SUITE 310, OVERLAND PARK KS 66210
Renato Bertani officer: Chief Operating Officer 633 SEVENTEENTH STREET, SUITE 1800, DENVER CO 80202
Infinity Inc director, officer: President and CEO 15612 COLLEGE BLVD., LENEXA KS 66219
Timothy A Ficker officer: VP and Chief Financial Officer 1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Elliot M Kaplan director 9705 LOIRET BLVD., LENEXA KS 66219
Orrie Lee Tawes director CIBC OPPENHEIMER WORLD FINANCIAL CENTER, NEW YORK NY 110281
Leroy C Richie director 15612 COLLEGE BLVD., LENEXA KS 66219
Stanton E Ross director, officer: President and Treasurer 15612 COLLEGE BLVD., LENEXA KS 66219
Jon D Klugh officer: CFO and Secretary 211 WEST 14TH STREET, CHANUTE KS 67202
James A Tuell officer: Pres-Infinity Oil & Gas of Wyo 1700 LINCOLN ST., SUITE 2800, DENVER CO 80203
Stephen D Stanfield officer: Pres-Consol. Oil Well Services 950 SEVENTEENTH ST STE 800, DENVER CO 80202
James W Dean officer: VP - Strategic and Corp. Dev. 950 SEVENTEENTH ST STE 800, DENVER CO 80202

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