UNRG (United Energy) Days Inventory: 128.65 (As of Dec. 2010)


What is United Energy Days Inventory?

United Energy UNRG -6.19% Days Inventory is 128.65 as of Dec. 2010.

Days Inventory is also known as Days Sales of Inventory (DSI). United Energy's Average Total Inventories for the three months ended in Dec. 2010 was $0.09 Mil. United Energy's Cost of Goods Sold for the three months ended in Dec. 2010 was $0.06 Mil. Hence, United Energy's Days Inventory for the three months ended in Dec. 2010 was 128.65.

The historical rank and industry rank for United Energy's Days Inventory or its related term are showing as below:

UNRG's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 31
* Ranked among companies with meaningful Days Inventory only.

United Energy's Days Inventory increased from Dec. 2009 (65.60) to Dec. 2010 (128.65). It might indicate that United Energy's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. United Energy's Inventory Turnover for the three months 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 three months ended in Dec. 2010 was 0.78.


United Energy  (OTCPK:UNRG) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

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

2. 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 three months ended in Dec. 2010 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


United Energy Days Inventory Related Terms


United Energy Days Inventory Historical Data

* Premium members only.

The historical data trend for United Energy's Days 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 Days Inventory Chart

United Energy Annual Data
Trend Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 147.33 123.68 109.34 95.60 64.38

United Energy Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
Days 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 65.60 62.25 44.57 45.90 128.65

UNRG vs GLYE: Days Inventory Comparison

For the Oil & Gas E&P subindustry, United Energy's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


United Energy Days Inventory vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, United Energy's Days Inventory distribution charts can be found below:

* The bar in red indicates where United Energy's Days Inventory falls into.



United Energy Days Inventory Calculation

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 fiscal year that ended in Mar. 2010 is calculated as

Days Inventory (A: Mar. 2010 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2009 ) + Total Inventories (A: Mar. 2010 )) / count ) / Cost of Goods Sold (A: Mar. 2010 )*Days in Period
=( (0.155 + 0.081) / 2 ) / 0.669*365
=0.118 / 0.669*365
=64.38

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

Days Inventory (Q: Dec. 2010 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2010 ) + Total Inventories (Q: Dec. 2010 )) / count ) / Cost of Goods Sold (Q: Dec. 2010 )*Days in Period
=( (0.078 + 0.094) / 2 ) / 0.061*365 / 4
=0.086 / 0.061*365 / 4
=128.65

* 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 Days Inventory →
What does a Days Inventory of 128.65 mean?
United Energy (UNRG) has a Days Inventory of 128.65 as of Dec. 2010. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on United Energy and its competitors.
Is United Energy's Days Inventory too high?
United Energy's current Days Inventory is 128.65. The Oil & Gas industry median Days Inventory is 31.00. United Energy's value of 128.65 is 315% above this industry median.
How does United Energy's Days Inventory compare to GLYE?
United Energy's Days Inventory of 128.65 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 31.00. United Energy's value of 128.65 is 315% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 31.00, based on 688 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. United Energy's current Days Inventory of 128.65 is 315% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on United Energy and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Energy's current Days Inventory is 128.65. 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 Days Inventory of 128.65. The current Days Inventory is 128.65 and 315% above the Oil & Gas industry median of 31.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For United Energy (UNRG), the current Days Inventory is 128.65 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.