FieldPoint Petroleum's total inventories for the quarter that ended in Mar. 2019 was $0.00 Mil. FieldPoint Petroleum's average total inventories from the quarter that ended in Dec. 2018 to the quarter that ended in Mar. 2019 was $0.00 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. FieldPoint Petroleum's Net-Net Working Capital per share for the quarter that ended in Mar. 2019 was $-0.53.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
FieldPoint Petroleum's Days Inventory for the
three
months ended in Mar. 2019 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.
FieldPoint Petroleum's Inventory-to-Revenue for the quarter that ended in Mar. 2019 was 0.00.
FieldPoint Petroleum (OTCPK:FPPP) 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.
FieldPoint Petroleum's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2019 is
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.
FieldPoint Petroleum's Inventory to Revenue for the quarter that ended in Mar. 2019 is calculated as
* 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.
FieldPoint Petroleum Total Inventories Related Terms
FieldPoint Petroleum Total Inventories Historical Data
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The historical data trend for FieldPoint Petroleum'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.
FieldPoint Petroleum 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.
FieldPoint Petroleum (FPPP) has a Total Inventories of $0.00 Mil as of Mar. 2019. The total amount of inventory as recorded on a company's balance sheet. View historical data for FieldPoint Petroleum and its competitors.
Is FieldPoint Petroleum's Total Inventories too high?
FieldPoint Petroleum's current Total Inventories is $0.00 Mil. Overall, FieldPoint Petroleum has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does FieldPoint Petroleum's Total Inventories compare to PRHRQ and GBEYF?
FieldPoint Petroleum'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 FieldPoint Petroleum and its competitors. FieldPoint Petroleum'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 FieldPoint Petroleum stock overvalued right now?
FieldPoint Petroleum (FPPP) has a current Total Inventories of $0.00 Mil. The current Total Inventories is $0.00 Mil. FieldPoint Petroleum's overall GF Score™ is 16/100. 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 FieldPoint Petroleum (FPPP), the current Total Inventories is $0.00 Mil as of Mar. 2019. 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.
FieldPoint Petroleum Corp is a US based company operates in oil and natural gas business. The business activity of the group includes acquisition, development, and operation of oil and natural gas properties. It holds an interest in properties such as Spraberry Trend, and Serbin Field, Texas; Flying M Field, Sulimar Field, North Bilbrey Field, Lusk Field, and Loving North Morrow Field, New Mexico and others. Geographically activities are conducted generally through the region of United States.
16GF Score
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