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PostRock Energy (PostRock Energy) Total Inventories : $1.18 Mil (As of Sep. 2015)


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What is PostRock Energy Total Inventories?

PostRock Energy's total inventories for the quarter that ended in Sep. 2015 was $1.18 Mil. PostRock Energy's average total inventories from the quarter that ended in Jun. 2015 to the quarter that ended in Sep. 2015 was $1.21 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. PostRock Energy's Net-Net Working Capital per share for the quarter that ended in Sep. 2015 was $-25.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PostRock Energy's Days Inventory for the three months ended in Sep. 2015 was 12.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. PostRock Energy's Inventory Turnover for the quarter that ended in Sep. 2015 was 7.17.

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. PostRock Energy's Inventory-to-Revenue for the quarter that ended in Sep. 2015 was 0.11.


PostRock Energy Total Inventories Historical Data

The historical data trend for PostRock Energy'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.

PostRock Energy Total Inventories Chart

PostRock Energy Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Total Inventories
Get a 7-Day Free Trial 6.16 1.68 0.99 0.89 1.04

PostRock Energy Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 1.00 1.04 1.11 1.24 1.18

PostRock Energy 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.


PostRock Energy  (GREY:PSTRQ) 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.

PostRock Energy's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2015 is

Net-Net Working Capital Per Share (Q: Sep. 2015 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.626+0.75 * 3.913+0.5 * 1.178-174.1
-0.001-0)/6.55994
=-25.60

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

PostRock Energy's Days Inventory for the three months ended in Sep. 2015 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2015 )/Cost of Goods Sold (Q: Sep. 2015 )*Days in Period
=1.21/8.676*365 / 4
=12.73

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

PostRock Energy's Inventory Turnover for the quarter that ended in Sep. 2015 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2015 ) / Average Total Inventories (Q: Sep. 2015 )
=8.676 / 1.21
=7.17

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.

PostRock Energy's Inventory to Revenue for the quarter that ended in Sep. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2015 ) / Revenue (Q: Sep. 2015 )
=1.21 / 10.663
=0.11

* 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.


PostRock Energy Total Inventories Related Terms

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PostRock Energy (PostRock Energy) Business Description

Traded in Other Exchanges
N/A
Address
210 Park Avenue, Oklahoma, OK, USA, 73102
PostRock Energy Corp together with its subsidiaries is an independent oil and gas company. The company is engaged in acquisition, exploration, development, production and gathering of crude oil and natural gas.
Executives
Duke R Ligon director 2800 WEST COUNTRY CLUB DRIVE, SUITE E, OKLAHOMA CITY OK 73116
Alexander P Lynch director BIOFUEL ENERGY CORP., 1600 BROADWAY SUITE 2200, DENVER CO 80202
Ben A Guill 10 percent owner 600 TRAVIS, SUITE 6000, HOUSTON TX 77002
Edelman & Guill Energy L.p. director, 10 percent owner 700 LOUISIANA STREET, SUITE 4770, HOUSTON TX 77002
Edelman & Guill Energy Ltd. 10 percent owner 700 LOUISIANA STREET, SUITE 4770, HOUSTON TX 77002
White Deer Energy Fi, L.p. 10 percent owner 700 LOUISIANA STREET, SUITE 4770, HOUSTON TX 77002
White Deer Energy Te L.p. 10 percent owner 700 LOUISIANA STREET, HOUSTON TX 77002
White Deer Energy L.p. 10 percent owner 700 LOUISIANA STREET, HOUSTON TX 77002
Thomas J Edelman 10 percent owner 777 MAIN STREET SUITE 2500, FORT WORTH TX 76102
J Philip Mccormick director
Daniel L Spears director C/O EMERALD OIL, INC., 200 COLUMBINE, SUITE 500, DENVER CO 80206
Jack T Collins officer: EVP & CFO 210 PARK AVENUE SUITE 2750 OKLAHOMA CITY OK 73102
Constellation Energy Group Inc 10 percent owner 100 CONSTELLATION WAY, BALTIMORE MD 21202
David C Lawler director, officer: CEO and President 9520 NORTH MAY STREET, SUITE 300, OKLAHOMA CITY OK 73120
Gary M Pittman director C/O FLOTEK INDUSTRIES, INC., 2930 W. SAM HOUSTON PARKWAY N., STE. 300, HOUSTON, TX 77043

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