Discovery Energy (Discovery Energy) Total Inventories : $0.00 Mil (As of Feb. 2022)

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What is Discovery Energy Total Inventories?

Discovery Energy's total inventories for the quarter that ended in Feb. 2022 was $0.00 Mil. Discovery Energy's average total inventories from the quarter that ended in Nov. 2021 to the quarter that ended in Feb. 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. Discovery Energy's Net-Net Working Capital per share for the quarter that ended in Feb. 2022 was $-0.08.

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.

Discovery Energy Total Inventories Historical Data

The historical data trend for Discovery Energy'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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Discovery Energy Total Inventories Chart

Discovery Energy Annual Data

Trend

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Total Inventories

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Discovery Energy Quarterly Data
	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

Discovery Energy 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.

Discovery Energy (OTCPK:DENR) 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.

Discovery Energy's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2022 is

	Net-Net Working Capital Per Share (Q: Feb. 2022 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.005	+	0.75 * 0	+	0.5 * 0	-	12.429
-	0	-	0)	/	154.365
=	-0.08

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

Discovery Energy's Days Inventory for the three months ended in Feb. 2022 is calculated as:

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

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

Discovery Energy's Inventory Turnover for the quarter that ended in Feb. 2022 is calculated as

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

Discovery Energy's Inventory to Revenue for the quarter that ended in Feb. 2022 is calculated as

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

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.

Discovery Energy Total Inventories Related Terms

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Discovery Energy (Discovery Energy) Business Description

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Address

One Riverway Drive, Suite 1700, Houston, TX, USA, 77056

Website

https://www.discoveryenergy.com

Discovery Energy Corp is an exploration-stage company. It is mainly engaged into exploration, development, production, oil and energy projects. The exploration properties of the company include Cooper and Eromanga Basins in the State of South Australia. The Cooper basin is divided into several depo-centers by faulted anticlinal trends whereas the Eromanga basin is developed as interior sag over the central and eastern region of Australia.

Executives

Keith J Mckenzie	director, 10 percent owner, officer: CEO	SUITE 1807-610 GRANVILLE STREET VANCOUVER A1 V6C-3T3
Steven A Webster	10 percent owner	500 DALLAS STREET, SUITE 2300, HOUSTON TX 77002
Keith D Spickelmier	10 percent owner
Michael D Dahlke	officer: President & COO	ONE RIVERWAY DRIVE SUITE 1700 HOUSTON TX 77056
Dec Funding Llc	10 percent owner	1000 LOUISIANA STREET SUITE 3700 HOUSTON TX 77002
William E Begley	officer: CFO	ONE RIVERWAY DRIVE, SUITE1700, HOUSTON TX 77056
Richard Bruce Pierce	director, 10 percent owner, officer: President, Secretary-Treasurer	11450 - 201A STREET MAPLE RIDGE A1 V2X 0Y4
Andrew Lee Smith	director, 10 percent owner	SUITE 500 - 602 WEST HASTINGS STREET VANCOUVER A1 V6B 1P2
Shih-yi Chuang	director, 10 percent owner	11 CHUNG-HSING ROAD, NEI-PU VILLAGE CHU-CHI SHIANG CHA-Y F5 00000

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