CTBG (Coil Tubing Technology) Total Inventories: $0.00 Mil (As of Sep. 2015)

What is Coil Tubing Technology Total Inventories?

Coil Tubing Technology CTBG Total Inventories is $0.00 Mil as of Sep. 2015.

Coil Tubing Technology's total inventories for the quarter that ended in Sep. 2015 was $0.00 Mil. Coil Tubing Technology's average total inventories from the quarter that ended in Jun. 2015 to the quarter that ended in Sep. 2015 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Coil Tubing Technology's Net-Net Working Capital per share for the quarter that ended in Sep. 2015 was $-0.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Coil Tubing Technology's Days Inventory for the three months ended in Sep. 2015 was 0.00.

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. Coil Tubing Technology's Inventory-to-Revenue for the quarter that ended in Sep. 2015 was 0.00.

Coil Tubing Technology (OTCPK:CTBG) 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.

Coil Tubing Technology's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2015 is

	Net-Net Working Capital Per Share (Q: Sep. 2015 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.676	+	0.75 * 0.633	+	0.5 * 0	-	5.745
-	0	-	-0.055)	/	15.632
=	-0.29

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

Coil Tubing Technology's Days Inventory for the three months ended in Sep. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2015 )	/	Cost of Goods Sold (Q: Sep. 2015 )	*	Days in Period
	=	0	/	0.525	*	365 / 4
	=	0.00

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

Coil Tubing Technology's Inventory Turnover for the quarter that ended in Sep. 2015 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2015 )	/	Average Total Inventories (Q: Sep. 2015 )
	=	0.525	/	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.

Coil Tubing Technology's Inventory to Revenue for the quarter that ended in Sep. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2015 )	/	Revenue (Q: Sep. 2015 )
	=	0	/	0.45
	=	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

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.

Coil Tubing Technology Total Inventories Related Terms

Coil Tubing Technology Total Inventories Historical Data

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The historical data trend for Coil Tubing Technology's Total Inventories can be seen below:

Coil Tubing Technology Total Inventories Chart

Coil Tubing Technology Annual Data

Trend

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Total Inventories

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Coil Tubing Technology Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Total Inventories	Get a 7-Day Free Trial											0.00	0.00	0.00	0.00	0.00

Coil Tubing Technology 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?

Coil Tubing Technology (CTBG) has a Total Inventories of $0.00 Mil as of Sep. 2015. The total amount of inventory as recorded on a company's balance sheet. View historical data for Coil Tubing Technology and its competitors.

Is Coil Tubing Technology's Total Inventories too high?

Coil Tubing Technology's current Total Inventories is $0.00 Mil.

How does Coil Tubing Technology's Total Inventories compare to ESES and BMMCF?

Coil Tubing Technology's 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 Coil Tubing Technology and its competitors. Coil Tubing Technology'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 Coil Tubing Technology stock overvalued right now?

Coil Tubing Technology (CTBG) 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 Coil Tubing Technology (CTBG), the current Total Inventories is $0.00 Mil as of Sep. 2015. 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.

Coil Tubing Technology Business Description

Industry Energy Oil & Gas

Comparable Companies TSXV:NWE ESES BMMCF TSXV:HYD FLSS BOM:526614 BSE:COMI TSXV:DAL TSX:BRY TSX:HE SGX:42D BOM:531471 BSE:UZT PKDSQ GLFH ALYE BSP:OSXB3 SGX:5OQ TSXV:ZDC SGX:5OR

Address 11237 Crown Park Drive, Suite D, Houston, TX, USA, 77067

Website https://www.coiltubingtechnology.com

Coil Tubing Technology Inc is a United States based company. The firm provides coil tubing products and service solutions to oil and gas clients. It is engaged in the development and marketing of specialty tools and related technical solutions used with coil tubing and jointed pipe in the bottomhole assembly for the exploration and production of hydrocarbons. Its products portfolio includes jet hammer tool, jet nozzle, oscillator, rotating tool, amplidyne, and ampli-max.