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


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What is United Energy Days Inventory?

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: 31.94
* 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 Days Inventory Historical Data

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.

* Premium members only.

United Energy Days Inventory Chart

United Energy Annual Data
Trend Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.02 147.33 123.68 109.34 95.60

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

Competitive Comparison of United Energy's Days Inventory

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's Days Inventory Distribution in the 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. 2009 is calculated as

Days Inventory (A: Mar. 2009 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2008 ) + Total Inventories (A: Mar. 2009 )) / count ) / Cost of Goods Sold (A: Mar. 2009 )*Days in Period
=( (0.142 + 0.155) / 2 ) / 0.567*365
=0.1485 / 0.567*365
=95.60

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.


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

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


United Energy (United Energy) Business Description

Traded in Other Exchanges
N/A
Address
101 East Park Boulevard, 6th Floor, 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.
Executives
Jack Silver director, 10 percent owner 660 MADISON AVENUE, NEW YORK NY 10021
Adam Hershey director 140 RIVERSIDE BOULEVARD, APT 2302, NEW YORK NY 10069
Grano Joseph J Jr other: Former 10% Owner C/O MEDGENICS, INC., 435 DEVON PARK DRIVE BLDG 700, WAYNE PA 19087

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