UVSE (Universal Energy) Inventory Turnover: 0.00 (As of Sep. 2009)


What is Universal Energy Inventory Turnover?

Universal Energy UVSE -98.00% Inventory Turnover is 0.00 as of Sep. 2009.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Universal Energy's Cost of Goods Sold for the three months ended in Sep. 2009 was $0.04 Mil. Universal Energy's Average Total Inventories for the quarter that ended in Sep. 2009 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Universal Energy's Days Inventory for the three months ended in Sep. 2009 was 0.00.

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. Universal Energy's Inventory-to-Revenue for the quarter that ended in Sep. 2009 was 0.00.


Universal Energy  (OTCPK:UVSE) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Universal Energy's Days Inventory for the three months ended in Sep. 2009 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2009 )/Cost of Goods Sold (Q: Sep. 2009 )*Days in Period
=0/0.037*365 / 4
=0.00

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.

Universal Energy's Inventory to Revenue for the quarter that ended in Sep. 2009 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2009 ) / Revenue (Q: Sep. 2009 )
=0 / 0.073
=0.00

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Universal Energy Inventory Turnover Related Terms


Universal Energy Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Universal Energy's Inventory Turnover 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.

Universal Energy Inventory Turnover Chart

Universal Energy Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Inventory Turnover
Get a 7-Day Free Trial 33.00 34.00 0.00 0.00 0.00

Universal Energy Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
Inventory Turnover 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 0.00 0.00 0.00 0.00 0.00

Universal Energy Inventory Turnover Calculation

Universal Energy's Inventory Turnover for the fiscal year that ended in Dec. 2008 is calculated as

Inventory Turnover (A: Dec. 2008 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2008 ) / ((Total Inventories (A: Dec. 2007 ) + Total Inventories (A: Dec. 2008 )) / count )
=0.112 / ((0 + 0) / 1 )
=0.112 / 0
=N/A

Universal Energy's Inventory Turnover for the quarter that ended in Sep. 2009 is calculated as

Inventory Turnover (Q: Sep. 2009 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2009 ) / ((Total Inventories (Q: Jun. 2009 ) + Total Inventories (Q: Sep. 2009 )) / count )
=0.037 / ((0 + 0) / 1 )
=0.037 / 0
=N/A

* 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 Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Universal Energy (UVSE) has a Inventory Turnover of 0.00 as of Sep. 2009. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Universal Energy and its competitors.
Is Universal Energy's Inventory Turnover too high?
Universal Energy's current Inventory Turnover is 0.00.
How does Universal Energy's Inventory Turnover compare to CEI and MKSEF?
Universal Energy's Inventory Turnover of 0.00 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 Inventory Turnover for an Oil & Gas company?
A good Inventory Turnover depends on the Oil & Gas industry context. However, Inventory Turnover 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 Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Universal Energy and its competitors. Universal Energy's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Energy stock overvalued right now?
Universal Energy (UVSE) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Universal Energy (UVSE), the current Inventory Turnover is 0.00 as of Sep. 2009. 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.

Universal Energy Business Description

Industry EnergyOil & Gas
Address 1540 International Parkway, Suite 200, Lake Mary, FL, USA, 32746
Universal Energy Corp is an independent energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States and Canada.