GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EQT Corp (NYSE:EQT) » Definitions » Total Inventories
中文

EQT (EQT) Total Inventories

: $0 Mil (As of Dec. 2023)
View and export this data going back to 1950. Start your Free Trial

EQT's total inventories for the quarter that ended in Dec. 2023 was $0 Mil. EQT's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. EQT's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-23.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. EQT's Days Inventory for the three months ended in Dec. 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. EQT's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.


EQT Total Inventories Historical Data

The historical data trend for EQT'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.

EQT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

EQT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

EQT 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.


EQT  (NYSE:EQT) 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.

EQT's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(80.977+0.75 * 823.695+0.5 * 0-10504.281
-0-7.617)/419.896
=-23.37

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

EQT's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0/1150.842*365 / 4
=0.00

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

EQT's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=1150.842 / 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.

EQT's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0 / 1371.202
=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.


EQT Total Inventories Related Terms

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


EQT (EQT) Business Description

Industry
Traded in Other Exchanges
Address
625 Liberty Avenue, Suite 1700, Pittsburgh, PA, USA, 15222
EQT Corp is an independent natural gas production company with operations focused in the cores of the Marcellus and Utica shales in the Appalachian Basin, located in the Eastern United States. The firm focuses on executing combo-development projects for developing multiwell pads to meet supply needs, with a focus on maximizing operational efficiency, technology, and sustainability. Its main customers include marketers, utilities, and industrial operators in the Appalachian Basin. The company has one reportable segment and its revenue stems from three types of gas reserves: natural gas, natural gas liquids, and crude oil. All of the firm's operating revenue is generated in the U.S., with most revenue flowing from the Marcellus Shale field and through the sale of natural gas.
Executives
Qem Vi, Llc 10 percent owner 800 CAPITAL STREET, SUITE 3600, HOUSTON TX 77002
Q-xcl Holdings I (vi) Investment Partners, Llc 10 percent owner 800 CAPITOL STREET, SUITE 3600, HOUSTON TX 77002
Q-th Appalachia (vi) Investment Partners, Llc 10 percent owner 800 CAPITOL STREET, SUITE 3600, HOUSTON TX 77002
Vanloh S Wil Jr 10 percent owner 1401 MCKINNEY STREET, SUITE 2700, HOUSTON TX 77010
U.s. Bank Trust Company, National Association 10 percent owner 111 SW FIFTH AVENUE, PORTLAND OR 97204
Jeremy Knop officer: CHIEF FINANCIAL OFFICER 625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222
Todd James officer: Chief Accounting Officer 625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222
Lesley Evancho officer: Chief Human Resources Officer 625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222
William E. Jordan officer: EVP and General Counsel 400 WOODCLIFF DRIVE, CANONSBURG PA 15317
Kathryn Jean Jackson director 121 SW SALMON STREET, PORTLAND OR 97204
Frank C. Hu director 625 LIBERTY AVE., SUITE 1700, PITTSBURGH PA 15222
David M. Khani officer: Chief Financial Officer 625 LIBERTY AVE., SUITE 1700, PITTSBURGH PA 15222
Toby Z. Rice director, officer: President & CEO 400 WOODCLIFF DRIVE, CANONSBURG PA 15317
Lydia I Beebe director 13403 NORTHWEST FREEWAY, HOUSTON TX 77040
Kyle Derham officer: Interim Chf Financial Officer 625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222

EQT (EQT) Headlines

From GuruFocus

1Q1 2022 EQT Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2022 EQT Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

EQT Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 01-22-2024

EQT Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 01-22-2024

Q4 2020 EQT Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

EQT Corp ESG Call Transcript

By GuruFocus Research 01-22-2024

EQT Corp Extraordinary Shareholders Meeting Transcript

By GuruFocus Research 01-22-2024

Q3 2020 EQT Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2019 EQT Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

EQT Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 01-22-2024