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Oiltanking Partners LP (FRA:4OT) Total Inventories : €0.0 Mil (As of Sep. 2014)


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What is Oiltanking Partners LP Total Inventories?

Oiltanking Partners LP's total inventories for the quarter that ended in Sep. 2014 was €0.0 Mil. Oiltanking Partners LP's average total inventories from the quarter that ended in Jun. 2014 to the quarter that ended in Sep. 2014 was €0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Oiltanking Partners LP's Net-Net Working Capital per share for the quarter that ended in Sep. 2014 was €-2.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Oiltanking Partners LP's Days Inventory for the three months ended in Sep. 2014 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. Oiltanking Partners LP's Inventory-to-Revenue for the quarter that ended in Sep. 2014 was 0.00.


Oiltanking Partners LP Total Inventories Historical Data

The historical data trend for Oiltanking Partners LP'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.

* Premium members only.

Oiltanking Partners LP Total Inventories Chart

Oiltanking Partners LP Annual Data
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Total Inventories
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Oiltanking Partners LP Quarterly Data
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Oiltanking Partners LP 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.


Oiltanking Partners LP  (FRA:4OT) 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.

Oiltanking Partners LP's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2014 is

Net-Net Working Capital Per Share (Q: Sep. 2014 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(16.729+0.75 * 25.146+0.5 * 0-247.08
-0-0)/83.1285
=-2.54

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

Oiltanking Partners LP's Days Inventory for the three months ended in Sep. 2014 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2014 )/Cost of Goods Sold (Q: Sep. 2014 )*Days in Period
=0/12.351*365 / 4
=0.00

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

Oiltanking Partners LP's Inventory Turnover for the quarter that ended in Sep. 2014 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2014 ) / Average Total Inventories (Q: Sep. 2014 )
=12.351 / 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.

Oiltanking Partners LP's Inventory to Revenue for the quarter that ended in Sep. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2014 ) / Revenue (Q: Sep. 2014 )
=0 / 51.527
=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.


Oiltanking Partners LP Total Inventories Related Terms

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Oiltanking Partners LP (FRA:4OT) Business Description

Traded in Other Exchanges
N/A
Address
Oiltanking Partners LP is a Delaware limited partnership formed in March 2011. The Company engages in the terminaling, storage and transportation of crude oil, refined petroleum products and liquefied petroleum gas. Its terminal assets are strategically located along the upper Gulf Coast of the United States. At December 31, 2013, the Company had nearly 22 million barrels of total active storage capacity at its Houston and Beaumont facilities. These integrated facilities are strategically located and directly connected to 23 key refining, production and storage facilities along the Gulf Coast and the Cushing, Oklahoma storage interchange through dedicated and common carrier pipelines. In addition, its facilities provide its customers deep-water access and international distribution capabilities. The Company provides services to integrated oil companies, distributors, marketers and chemical and petrochemical companies, typically under long-term commercial agreements that include minimum volume commitments and inflation escalators. It operates as a third-party crude oil and refined petroleum products terminals on the Houston Ship Channel. It provides integrated terminaling, storage, pipeline and related services for third-party companies engaged in the production, distribution and marketing of crude oil, refined petroleum products and liquefied petroleum gas. The Company faces competition from a variety of international, national and regional energy companies, including large, diversified midstream partnerships, global terminal operators and large multi-national energy companies of varying sizes, financial resources and experience. The Company's operations are subject to stringent federal, state and local laws and regulations governing the release of materials into the environment, health and safety aspects of its operations, and otherwise relating to the protection of the environment. Compliance with these laws and regulations may require the acquisition of permits to conduct regulated activities; restrict the type, quantities and concentration of wastes or other pollutants that may be emitted, discharged or disposed into or onto to the land, air and water; apply specific health and safety criteria addressing worker protection; and impose liabilities for pollution from operations.

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