CSSV (Caspian Services) Total Inventories: $0.72 Mil (As of Jun. 2016)


What is Caspian Services Total Inventories?

Caspian Services CSSV Total Inventories is $0.72 Mil as of Jun. 2016.

Caspian Services's total inventories for the quarter that ended in Jun. 2016 was $0.72 Mil. Caspian Services's average total inventories from the quarter that ended in Mar. 2016 to the quarter that ended in Jun. 2016 was $0.70 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Caspian Services's Net-Net Working Capital per share for the quarter that ended in Jun. 2016 was $-1.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Caspian Services's Days Inventory for the three months ended in Jun. 2016 was 32.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Caspian Services's Inventory Turnover for the quarter that ended in Jun. 2016 was 2.85.

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. Caspian Services's Inventory-to-Revenue for the quarter that ended in Jun. 2016 was 0.14.

Caspian Services  (OTCPK:CSSV) 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.

Caspian Services's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2016 is

Net-Net Working Capital Per Share (Q: Jun. 2016 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.229+0.75 * 5.22+0.5 * 0.721-117.034
-0--19.807)/52.658
=-1.74

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

Caspian Services's Days Inventory for the three months ended in Jun. 2016 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2016 )/Cost of Goods Sold (Q: Jun. 2016 )*Days in Period
=0.699/1.991*365 / 4
=32.04

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

Caspian Services's Inventory Turnover for the quarter that ended in Jun. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2016 ) / Average Total Inventories (Q: Jun. 2016 )
=1.991 / 0.699
=2.85

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.

Caspian Services's Inventory to Revenue for the quarter that ended in Jun. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2016 ) / Revenue (Q: Jun. 2016 )
=0.699 / 5.011
=0.14

* 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.

Caspian Services Total Inventories Related Terms

Caspian Services Total Inventories Historical Data

* Premium members only.

The historical data trend for Caspian Services'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.

Caspian Services Total Inventories Chart

Caspian Services Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.85 1.90 1.05 1.26 0.91

Caspian Services Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Total Inventories 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 1.26 0.91 0.71 0.68 0.72

Caspian Services 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 $0.72 Mil mean?
Caspian Services (CSSV) has a Total Inventories of $0.72 Mil as of Jun. 2016. The total amount of inventory as recorded on a company's balance sheet. View historical data for Caspian Services and its competitors.
Is Caspian Services' Total Inventories too high?
Caspian Services' current Total Inventories is $0.72 Mil.
How does Caspian Services' Total Inventories compare to GLRI and TIRTZ?
Caspian Services' Total Inventories of $0.72 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 Caspian Services and its competitors. Caspian Services's current Total Inventories is $0.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caspian Services stock overvalued right now?
Caspian Services (CSSV) has a current Total Inventories of $0.72 Mil. The current Total Inventories is $0.72 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 Caspian Services (CSSV), the current Total Inventories is $0.72 Mil as of Jun. 2016. 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.

Caspian Services Business Description

Industry EnergyOil & Gas
Address 2319 Foothill Drive, Suite 160, Salt Lake City, UT, USA, 84109
Caspian Services Inc provides oilfield services to oil & gas industry in Kazakhstan. The company operates in three reportable segments including Vessel operations, Geophysical services, and Marine base services. Vessel operations consist of chartering a fleet of shallow draft offshore support vessels to customers performing oil and gas exploration activities in the Caspian Sea. Geophysical services consist of providing seismic data acquisition services to oil and gas companies operating onshore in Kazakhstan. Marine base service consists of operating a marine base with a boat repair and drydocking services yard located at the port of Bautino on the North Caspian Sea. It generates the majority of the revenue from Vessel operations segment.