ALOD (Allied Resources) Total Inventories: $0.00 Mil (As of Dec. 2018)

What is Allied Resources Total Inventories?

Allied Resources ALOD Total Inventories is $0.00 Mil as of Dec. 2018.

Allied Resources's total inventories for the quarter that ended in Dec. 2018 was $0.00 Mil. Allied Resources's average total inventories from the quarter that ended in Jun. 2018 to the quarter that ended in Dec. 2018 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Allied Resources's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $0.24.

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

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

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.

Allied Resources (OTCPK:ALOD) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Allied Resources's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2018 is

	Net-Net Working Capital Per Share (Q: Dec. 2018 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1.627	+	0.75 * 0.018	+	0.5 * 0	-	0.292
-	0	-	0)	/	5.653
=	0.24

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

Allied Resources's Days Inventory for the three months ended in Dec. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2018 )	/	Cost of Goods Sold (Q: Dec. 2018 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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

Allied Resources's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2018 )	/	Average Total Inventories (Q: Dec. 2018 )
	=	0	/	0
	=	N/A

4. 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.

Allied Resources's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2018 )	/	Revenue (Q: Dec. 2018 )
	=	0	/	0
	=

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Allied Resources Total Inventories Related Terms

Allied Resources Total Inventories Historical Data

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The historical data trend for Allied Resources's Total Inventories can be seen below:

Allied Resources Total Inventories Chart

Allied Resources Annual Data

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Allied Resources Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →

What does a Total Inventories of $0.00 Mil mean?

Allied Resources (ALOD) has a Total Inventories of $0.00 Mil as of Dec. 2018. The total amount of inventory as recorded on a company's balance sheet. View historical data for Allied Resources and its competitors.

Is Allied Resources' Total Inventories too high?

Allied Resources' current Total Inventories is $0.00 Mil.

How does Allied Resources' Total Inventories compare to ATRVF and GDPMQ?

Allied Resources' Total Inventories 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 Total Inventories for an Oil & Gas company?

A good Total Inventories depends on the Oil & Gas industry context. However, Total Inventories 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 Total Inventories mean?

A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Allied Resources and its competitors. Allied Resources's current Total Inventories 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 Allied Resources stock overvalued right now?

Allied Resources (ALOD) has a current Total Inventories of $0.00 Mil. The current Total Inventories is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Total Inventories calculated?

Total Inventories is calculated from a company's financial statements. For Allied Resources (ALOD), the current Total Inventories is $0.00 Mil as of Dec. 2018. 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.

Allied Resources Business Description

Industry Energy Oil & Gas

Comparable Companies ATRVF TSXV:LNE.H XCNQ:ISM ASX:TNP XCNQ:OIL TSXV:EGL TSXV:CHY.H TSXV:NTN.H TSXV:GOE TSXV:NE.H TSXV:PNN GDPMQ TSXV:XL TSXV:SHM TSXV:PMX TSXV:SKK OOIL TSXV:UHO LSE:CZN TSXV:WEB.H

Address 299 Main Street, 13th Floor, Salt Lake City, UT, USA, 84111

Website https://www.alliedresourcesinc.com

Allied Resources Inc is engaged in producing oil and natural gas from leases located in West Virginia and Texas. The Company is mainly involved in acquiring, developing, producing, and selling oil and gas properties and production to companies in the continental United States. It is an independent oil and natural gas producer engaged in the exploration, development, production, and sale of oil, natural gas, and liquids from properties located in Calhoun and Ritchie counties, West Virginia, and Goliad and Edwards counties, Texas. Oil and liquids are sold at spot market prices as of the date of pickup.