Enfield Exploration (FRA:EE0) Total Inventories: €0.00 Mil (As of Jul. 2016)


What is Enfield Exploration Total Inventories?

Enfield Exploration FRA:EE0 Total Inventories is €0.00 Mil as of Jul. 2016. The stock has 2 warning signs investors should review.

Enfield Exploration's total inventories for the quarter that ended in Jul. 2016 was €0.00 Mil. Enfield Exploration's average total inventories from the quarter that ended in Apr. 2016 to the quarter that ended in Jul. 2016 was €0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Enfield Exploration's Net-Net Working Capital per share for the quarter that ended in Jul. 2016 was €-0.00.

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.


Enfield Exploration  (FRA:EE0) 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.

Enfield Exploration's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2016 is

Net-Net Working Capital Per Share (Q: Jul. 2016 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-0.15
-0-0)/32.250
=-0.00

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

Enfield Exploration's Days Inventory for the three months ended in Jul. 2016 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2016 )/Cost of Goods Sold (Q: Jul. 2016 )*Days in Period
=0/0*365 / 4
=

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

Enfield Exploration's Inventory Turnover for the quarter that ended in Jul. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2016 ) / Average Total Inventories (Q: Jul. 2016 )
=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.

Enfield Exploration's Inventory to Revenue for the quarter that ended in Jul. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2016 ) / Revenue (Q: Jul. 2016 )
=0 / 0
=

* 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.


Enfield Exploration Total Inventories Related Terms


Enfield Exploration Total Inventories Historical Data

* Premium members only.

The historical data trend for Enfield Exploration'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.

Enfield Exploration Total Inventories Chart

Enfield Exploration Annual Data
Trend Oct13 Oct14 Oct15
Total Inventories
0.00 0.00 0.00

Enfield Exploration Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Enfield Exploration 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?
Enfield Exploration (FRA:EE0) has a Total Inventories of €0.00 Mil as of Jul. 2016. The total amount of inventory as recorded on a company's balance sheet. View historical data for Enfield Exploration and its competitors.
Is Enfield Exploration's Total Inventories too high?
Enfield Exploration's current Total Inventories is €0.00 Mil.
How does Enfield Exploration's Total Inventories compare to EUENF and ATLS?
Enfield Exploration'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 Enfield Exploration and its competitors. Enfield Exploration'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 Enfield Exploration stock overvalued right now?
Enfield Exploration (FRA:EE0) 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 Enfield Exploration (FRA:EE0), the current Total Inventories is €0.00 Mil as of Jul. 2016. 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.

Enfield Exploration Business Description

Industry EnergyOil & Gas
Enfield Exploration Corp was incorporated on November 1, 2013. The Company is engaged in the acquisition, exploration and development of mineral resources with the current focus being nickel resources in Whitehorse, Yukon Territory.