Energy XXI (Energy XXI) Total Inventories : $0.42 Mil (As of Sep. 2016)

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

What is Energy XXI Total Inventories?

Energy XXI's total inventories for the quarter that ended in Sep. 2016 was $0.42 Mil. Energy XXI's average total inventories from the quarter that ended in Jun. 2016 to the quarter that ended in Sep. 2016 was $0.42 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Energy XXI's Net-Net Working Capital per share for the quarter that ended in Sep. 2016 was $N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Energy XXI's Days Inventory for the three months ended in Sep. 2016 was 0.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Energy XXI's Inventory Turnover for the quarter that ended in Sep. 2016 was 196.18.

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. Energy XXI's Inventory-to-Revenue for the quarter that ended in Sep. 2016 was 0.00.

Energy XXI Total Inventories Historical Data

The historical data trend for Energy XXI'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.

Energy XXI Total Inventories Chart

Energy XXI Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Total Inventories

Get a 7-Day Free Trial

4.85

4.09

7.02

7.87

0.42

Energy XXI Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Total Inventories	Get a 7-Day Free Trial															-	-	0.40	0.42	0.42

Energy XXI 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.

Energy XXI (OTCPK:EXIXQ.PFD) 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.

Energy XXI's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2016 is

	Net-Net Working Capital Per Share (Q: Sep. 2016 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(215.713	+	0.75 * 71.621	+	0.5 * 0.424	-	3709.781
-	0.017	-	0)	/	0
=	N/A

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

Energy XXI's Days Inventory for the three months ended in Sep. 2016 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2016 )	/	Cost of Goods Sold (Q: Sep. 2016 )	*	Days in Period
	=	0.4235	/	83.083	*	365 / 4
	=	0.47

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

Energy XXI's Inventory Turnover for the quarter that ended in Sep. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2016 )	/	Average Total Inventories (Q: Sep. 2016 )
	=	83.083	/	0.4235
	=	196.18

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.

Energy XXI's Inventory to Revenue for the quarter that ended in Sep. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2016 )	/	Revenue (Q: Sep. 2016 )
	=	0.4235	/	142.611
	=	0.00

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.

Energy XXI Total Inventories Related Terms

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

Energy XXI (Energy XXI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Energy XXI Ltd (OTCPK:EXIXQ.PFD) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.energyxxi.com

Energy XXI Ltd, formerly Energy XXI (Bermuda) Ltd was incorporated in Bermuda on July 25, 2005. The Company's properties are located onshore in Louisiana and Texas and in the Gulf of Mexico Shelf.

Executives

Norman Louie	director	280 PARK AVENUE 4TH FLOOR EAST, NEW YORK NY 10017
James Lachance	director	C/O FRIENDFINDER NETWORKS INC., 6800 BROKEN SOUND PKWY., BOCA RATON FL 33487
Bruce W Busmire	officer: Chief Financial Officer	1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Scott A Griffiths	director	2220 DUNSTAN ROAD, HOUSTON TX 77005
Todd Reid	officer: Sr VP, Marketing & Risk Mgmt	1021 MAIN ST, SUITE 2626, HOUSTON TX 77002
Pinho Antonio De	officer: Sr. VP, JV, OBO, Technology	1021 MAIN ST. SUITE 2626, HOUSTON TX 77002
Kevin S Flannery	director
Dupre Ii Cornelius	director	510 BERING, STE 455, HOUSTON TX 77057
Third Point Offshore Fund, Ltd.	10 percent owner	C/O INTERNATIONAL FUND SERVICES(IRELAND), BISHOP'S SQUARE, REDMOND'S HILL, DUBLIN 2 L2 00000
Hugh A Menown	officer: Vice Pres, Chief Acct Officer	808 TRAVIS, SUITE 850, HOUSTON TX 77002
Paul Davison	director	SELWOOD RICKFORD WORPLESDON, SURREY X0 GU3 3PJ
Hill A Feinberg	director	3131 MAPLE AVENUE #14-E, DALLAS TX 75201-1206
Stewart Lawrence	officer: Vice President, Inv. Relations	1021 MAIN (ONE CITY CENTRE), SUITE 2626, HOUSTON TX 77002
Rick D Fox	other: Controller	1021 MAIN (ONE CITY CENTRE), SUITE 2626, HOUSTON TX 77002
David M Dunwoody	director	3417 MILAM, HOUSTON TX 77002