EXCE (EXCO Resources) Total Inventories: $0.0 Mil (As of Dec. 2018)

What is EXCO Resources Total Inventories?

EXCO Resources EXCE Total Inventories is $0.0 Mil as of Dec. 2018.

EXCO Resources's total inventories for the quarter that ended in Dec. 2018 was $0.0 Mil. EXCO Resources's average total inventories from the quarter that ended in Sep. 2018 to the quarter that ended in Dec. 2018 was $0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. EXCO Resources's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $-89.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. EXCO Resources's Days Inventory for the three months ended in Dec. 2018 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. EXCO Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 0.00.

EXCO Resources (OTCPK:EXCE) 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.

EXCO 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)
=	(46.541	+	0.75 * 94.036	+	0.5 * 0	-	2059.189
-	0	-	0)	/	21.585
=	-89.98

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

EXCO 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	/	53.133	*	365 / 4
	=	0.00

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

EXCO 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 )
	=	53.133	/	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.

EXCO 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	/	106.861
	=	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.

EXCO Resources Total Inventories Related Terms

EXCO Resources Total Inventories Historical Data

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

EXCO Resources Total Inventories Chart

EXCO Resources Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Total Inventories

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7.15

8.61

0.00

EXCO Resources Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Total Inventories	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

EXCO 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 $0.0 Mil mean?

EXCO Resources (EXCE) has a Total Inventories of $0.0 Mil as of Dec. 2018. The total amount of inventory as recorded on a company's balance sheet. View historical data for EXCO Resources and its competitors.

Is EXCO Resources' Total Inventories too high?

EXCO Resources' current Total Inventories is $0.0 Mil.

How does EXCO Resources' Total Inventories compare to UPLC and AXAS?

EXCO Resources' Total Inventories of $0.0 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 EXCO Resources and its competitors. EXCO Resources's current Total Inventories is $0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is EXCO Resources stock overvalued right now?

EXCO Resources (EXCE) has a current Total Inventories of $0.0 Mil. The current Total Inventories is $0.0 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 EXCO Resources (EXCE), the current Total Inventories is $0.0 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.

EXCO Resources Business Description

Industry Energy Oil & Gas

Comparable Companies ASX:BLU LSE:JOG LSE:TRIN XBUL:4O1 UPLC AXAS LSE:LEK LSE:GEEC PHS:OV CHAP HKSE:00702 LSE:I3E XTAE:DLRL PHS:OPM LSE:CERP PVL TSXV:CTA TSXV:CWV ISX:ENRG TSX:CR

Address 12377 Merit Drive, Suite 1700, Dallas, TX, USA, 75251

Website http://www.excoresources.com

EXCO Resources Inc is an oil and gas exploration and production company. Its operations include the exploration, acquisition, development, and production of oil and gas reserves. These activities take place in the company's onshore oilfields within the United States, and focus on shale resource plays. Its fields are located in key oil and gas areas, including Texas, Louisiana, and the Appalachian region. The Louisiana and Texas operations are the most productive fields. The majority of the company's revenue is generated from natural gas, with a smaller portion coming from oil.