UNRG (United Energy) Change In Inventory: $0.00 Mil (TTM As of Dec. 2010)

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What is United Energy Change In Inventory?

United Energy UNRG -5.06% Change In Inventory is $0.00 Mil as of Dec. 2010.

United Energy's change in inventory for the quarter that ended in Dec. 2010 was $-0.02 Mil. It means United Energy's inventory increased by $0.02 Mil from Sep. 2010 to Dec. 2010 .

United Energy's change in inventory for the fiscal year that ended in Mar. 2010 was $0.08 Mil. It means United Energy's inventory declined by $0.08 Mil from Mar. 2009 to Mar. 2010 .

United Energy's Total Inventories for the quarter that ended in Dec. 2010 was $0.09 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. United Energy's Days Inventory for the quarter that ended in Dec. 2010 was 128.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. United Energy's Inventory Turnover for the quarter that ended in Dec. 2010 was 0.71.

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. United Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2010 was 0.78.

United Energy  (OTCPK:UNRG) Change In Inventory Explanation

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

United Energy's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.086/0.061*365 / 4
=128.65

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

United Energy's Inventory Turnover for the quarter that ended in Dec. 2010 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.061 / 0.086
=0.71

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.

United Energy's Inventory to Revenue for the quarter that ended in Dec. 2010 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.086 / 0.11
=0.78

* 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.

United Energy Change In Inventory Related Terms

United Energy Change In Inventory Historical Data

* Premium members only.

The historical data trend for United Energy'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.

United Energy Change In Inventory Chart

United Energy Annual Data
Trend Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 -0.04 -0.00 -0.01 0.08

United Energy Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 0.03 0.01 -0.01 0.01 -0.02

United Energy 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. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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 $0.00 Mil mean?
United Energy (UNRG) has a Change In Inventory of $0.00 Mil as of Dec. 2010. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for United Energy and its competitors.
Is United Energy's Change In Inventory too high?
United Energy's current Change In Inventory is $0.00 Mil.
How does United Energy's Change In Inventory compare to GLYE?
United Energy's Change In Inventory of $0.00 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Change In Inventory depends on the Oil & Gas 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 United Energy and its competitors. United Energy's current Change In Inventory is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Energy stock overvalued right now?
United Energy (UNRG) has a current Change In Inventory of $0.00 Mil. The current Change In Inventory is $0.00 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 United Energy (UNRG), the current Change In Inventory is $0.00 Mil as of Dec. 2010. 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.

United Energy Business Description

Industry EnergyOil & Gas
Address 101 East Park Boulevard, 6th Floor, Suite 600, Plano, TX, USA, 75074
United Energy Corp is engaged in the exploration and production of oil and natural gas properties. The company's holdings include assets and operations in Texas, Oklahoma, Kansas, and Louisiana. It owns or has operations in over 200,000 acres of leasehold properties, 2,000 wells, and 1,100 miles of natural gas pipelines.