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Delta Natural Gas Co (Delta Natural Gas Co) Total Inventories : $6.12 Mil (As of Jun. 2017)


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What is Delta Natural Gas Co Total Inventories?

Delta Natural Gas Co's total inventories for the quarter that ended in Jun. 2017 was $6.12 Mil. Delta Natural Gas Co's average total inventories from the quarter that ended in Mar. 2017 to the quarter that ended in Jun. 2017 was $3.71 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Delta Natural Gas Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2017 was $-12.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Delta Natural Gas Co's Days Inventory for the three months ended in Jun. 2017 was 55.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Delta Natural Gas Co's Inventory Turnover for the quarter that ended in Jun. 2017 was 1.64.

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. Delta Natural Gas Co's Inventory-to-Revenue for the quarter that ended in Jun. 2017 was 0.29.


Delta Natural Gas Co Total Inventories Historical Data

The historical data trend for Delta Natural Gas Co'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.

Delta Natural Gas Co Total Inventories Chart

Delta Natural Gas Co Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.04 7.70 5.18 3.83 6.12

Delta Natural Gas Co Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 3.83 6.28 5.28 1.30 6.12

Delta Natural Gas Co 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.


Delta Natural Gas Co  (NAS:DGAS) 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.

Delta Natural Gas Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2017 is

Net-Net Working Capital Per Share (Q: Jun. 2017 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(13.279+0.75 * 6.202+0.5 * 6.12-113.462
-0-0)/7.13315
=-12.96

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

Delta Natural Gas Co's Days Inventory for the three months ended in Jun. 2017 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2017 )/Cost of Goods Sold (Q: Jun. 2017 )*Days in Period
=3.712/6.081*365 / 4
=55.70

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

Delta Natural Gas Co's Inventory Turnover for the quarter that ended in Jun. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2017 ) / Average Total Inventories (Q: Jun. 2017 )
=6.081 / 3.712
=1.64

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.

Delta Natural Gas Co's Inventory to Revenue for the quarter that ended in Jun. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2017 ) / Revenue (Q: Jun. 2017 )
=3.712 / 12.608
=0.29

* 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.


Delta Natural Gas Co Total Inventories Related Terms

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Delta Natural Gas Co (Delta Natural Gas Co) Business Description

Traded in Other Exchanges
N/A
Address
Delta Natural Gas Co Inc was incorporated under the laws of the Commonwealth of Kentucky on October 7, 1949. The Company distributes or transports natural gas. Its distribution and transmission systems are located in central and southeastern Kentucky, and it owns and operates an underground natural gas storage field in southeastern Kentucky. The Company transport natural gas to industrial customers who purchase their natural gas in the open market. It also transports natural gas on behalf of local producers and customers not on its distribution system and extract liquids from natural gas in its storage field and on its pipeline systems that are sold at market prices. The Company operates through two segments, a regulated segment and a non-regulated segment. Through regulated segment, the company distributes natural gas to their retail customers in 23 predominantly rural counties. In addition, the regulated segment transports natural gas to large-volume customers on its system who purchase their natural gas in the open market. The regulated segment also transports natural gas on behalf of local producers and other customers not on its distribution system. The non-regulated segment includes three wholly-owned subsidiaries. Two of these subsidiaries, Delta Resources and Delgasco, purchase natural gas in the open market, including natural gas from Kentucky producers. The Company resells this natural gas to industrial customers on its distribution system and to others not on its system. The competes with alternate sources of energy for its regulated distribution customers. These alternate sources include electricity, geo-thermal, coal, oil, propane, wood and solar.

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