New World Resources (LSE:NWR) Change In Inventory: £-0.08 Mil (TTM As of Dec. 2015)

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What is New World Resources Change In Inventory?

New World Resources LSE:NWR Change In Inventory is £-0.08 Mil as of Dec. 2015. The stock has 4 warning signs investors should review.

New World Resources's change in inventory for the quarter that ended in Dec. 2015 was £13.60 Mil. It means New World Resources's inventory declined by £13.60 Mil from Sep. 2015 to Dec. 2015 .

New World Resources's change in inventory for the fiscal year that ended in Dec. 2015 was £-0.23 Mil. It means New World Resources's inventory increased by £0.23 Mil from Dec. 2014 to Dec. 2015 .

New World Resources's Total Inventories for the quarter that ended in Dec. 2015 was £29.95 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. New World Resources's Days Inventory for the quarter that ended in Dec. 2015 was 28.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. New World Resources's Inventory Turnover for the quarter that ended in Dec. 2015 was 3.21.

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. New World Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2015 was 0.27.

New World Resources  (LSE:NWR) Change In Inventory Explanation

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

New World Resources's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=36.871/118.265*365 / 4
=28.45

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

New World Resources's Inventory Turnover for the quarter that ended in Dec. 2015 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=118.265 / 36.871
=3.21

3. 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.

New World Resources's Inventory to Revenue for the quarter that ended in Dec. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=36.871 / 134.102
=0.27

* 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.

New World Resources Change In Inventory Related Terms

New World Resources Change In Inventory Historical Data

* Premium members only.

The historical data trend for New World Resources's Change In Inventory 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.

New World Resources Change In Inventory Chart

New World Resources Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -31.32 -47.32 64.66 -8.79 -0.23

New World Resources Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Change In Inventory 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 -12.42 -6.32 5.06 13.60

New World Resources Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was £-0.08 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of £-0.08 Mil mean?
New World Resources (LSE:NWR) has a Change In Inventory of £-0.08 Mil as of Dec. 2015. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for New World Resources and its competitors.
Is New World Resources' Change In Inventory too high?
New World Resources' current Change In Inventory is £-0.08 Mil.
How does New World Resources' Change In Inventory compare to WMLPQ?
New World Resources' Change In Inventory of £-0.08 Mil can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for an Other Energy Sources company?
A good Change In Inventory depends on the Other Energy Sources industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for New World Resources and its competitors. New World Resources's current Change In Inventory is £-0.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New World Resources stock overvalued right now?
New World Resources (LSE:NWR) has a current Change In Inventory of £-0.08 Mil. The current Change In Inventory is £-0.08 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For New World Resources (LSE:NWR), the current Change In Inventory is £-0.08 Mil as of Dec. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

New World Resources Business Description

Address Herengracht 448, Amsterdam, NLD, 1017 CA
New World Resources PLC is a coking and thermal coal producer for the steel and energy sectors in Central Europe. The company's hard coal reserves are situated in the Upper Silesian basin, covering an area of approximately 120 square kilometers. The company's customer includes ArcelorMittal, U.S. Steel, voestalpine, Dalkia, CEZ, Verbund, Moravia Steel, and ThyssenKrupp. New World Resources operates in Czech Republic, Slovakia, Austria, Poland, and Germany.