Blueknight Energy Partners LP (Blueknight Energy Partners LP) Total Inventories : $0.00 Mil (As of Jun. 2022)

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What is Blueknight Energy Partners LP Total Inventories?

Blueknight Energy Partners LP's total inventories for the quarter that ended in Jun. 2022 was $0.00 Mil. Blueknight Energy Partners LP's average total inventories from the quarter that ended in Mar. 2022 to the quarter that ended in Jun. 2022 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Blueknight Energy Partners LP's Net-Net Working Capital per share for the quarter that ended in Jun. 2022 was $N/A.

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. Blueknight Energy Partners LP's Inventory-to-Revenue for the quarter that ended in Jun. 2022 was 0.00.

Blueknight Energy Partners LP Total Inventories Historical Data

The historical data trend for Blueknight Energy Partners LP's Total Inventories 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.

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Blueknight Energy Partners LP Total Inventories Chart

Blueknight Energy Partners LP Annual Data

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Total Inventories

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Blueknight Energy Partners LP Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

Blueknight Energy Partners LP 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.

Blueknight Energy Partners LP (NAS:BKEPP.PFD) 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.

Blueknight Energy Partners LP's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2022 is

	Net-Net Working Capital Per Share (Q: Jun. 2022 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.774	+	0.75 * 6.325	+	0.5 * 0	-	148.88
-	0	-	0)	/	0
=	N/A

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

Blueknight Energy Partners LP's Days Inventory for the three months ended in Jun. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2022 )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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

Blueknight Energy Partners LP's Inventory Turnover for the quarter that ended in Jun. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2022 )	/	Average Total Inventories (Q: Jun. 2022 )
	=	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.

Blueknight Energy Partners LP's Inventory to Revenue for the quarter that ended in Jun. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2022 )	/	Revenue (Q: Jun. 2022 )
	=	0	/	29.51
	=	0.00

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.

Blueknight Energy Partners LP Total Inventories Related Terms

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Blueknight Energy Partners LP (Blueknight Energy Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Blueknight Energy Partners LP (NAS:BKEPP.PFD) » Definitions » Total Inventories

Comparable Companies

NGL OSG SMLP MMLP GLOP DLNG GPP HMLP SNMP TK TSX:ENB EPD TSX:TRP LNG KMI WMB ET MPLX CQP OKE

Traded in Other Exchanges

N/A

Address

6060 American Plaza, Suite 600, Tulsa, OK, USA, 74135

Website

http://www.bkep.com

Blueknight Energy Partners LP is a limited partnership operating in the US. The company is engaged in providing storage, gathering, and distribution services that support the domestic transportation infrastructure markets.

Executives

Matthew R Lewis	officer: Chief Financial Officer	6060 AMERICAN PLAZA, SUITE 600, TULSA OK 74135
D Andrew Woodward	officer: Chief Financial Officer	C/O ANDX, FINDLAY OH 45840
Michael G Mclanahan	officer: Chief Accounting Officer	6060 AMERICAN PLAZA, SUITE 600, TULSA OK 74135
Joel Pastorek	director	2829 LAKELAND DRIVE, SUITE 2000, JACKSON MS 39232
Wiley Rebhun Adams	director	2829 LAKELAND DRIVE, SUITE 2000, JACKSON MS 39232
Joel Kanvik	officer: Cheif Legal Officer	6060 AMERICAN PLAZA, SUITE 600, TULSA OK 74135
Edward Drew Brooks	director	2829 LAKELAND DRIVE, SUITE 2000, JACKSON MS 39232
Jimmy Arden Langdon	director	2829 LAKELAND DRIVE, FLOWOOD MS 39232
Robert Howard Lampton	director	2829 LAKELAND DRIVE, 2000, FLOWOOD MS 39232
William Walter Lampton	director	2829 LAKELAND DRIVE, SUITE 2000, JACKSON MS 39232
Donald M Brooks	director	6165 W. DETROIT ST., CHANDLER AZ 85284
Michael R Eisenson	director	C/O CHARLESBANK CAPITAL PARTNERS, 600 ATLANTIC AV 28TH FL, BOSTON MA 02210
Charlesbank Capital Partners Llc	10 percent owner, other: Director by Deputization	600 ATLANTIC AVENUE, BOSTON MA 02210
Cb-blueknight, Llc	10 percent owner, other: Director by Deputization	200 CLARENDON STREET, FLOOR 54, BOSTON MA 02116
Jon Biotti	director	C/O CHARLESBANK CAPITAL PARTNERS LLC, 200 CLARENDON STREET, 54TH FLOOR, BOSTON MA 02109