BPZ Resources (FRA:NA4) Total Inventories: €10.89 Mil (As of Mar. 2015)

What is BPZ Resources Total Inventories?

BPZ Resources FRA:NA4 Total Inventories is €10.89 Mil as of Mar. 2015. The stock has 2 warning signs investors should review.

BPZ Resources's total inventories for the quarter that ended in Mar. 2015 was €10.89 Mil. BPZ Resources's average total inventories from the quarter that ended in Dec. 2014 to the quarter that ended in Mar. 2015 was €10.26 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. BPZ Resources's Net-Net Working Capital per share for the quarter that ended in Mar. 2015 was €-1.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BPZ Resources's Days Inventory for the three months ended in Mar. 2015 was 128.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. BPZ Resources's Inventory Turnover for the quarter that ended in Mar. 2015 was 0.71.

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. BPZ Resources's Inventory-to-Revenue for the quarter that ended in Mar. 2015 was 0.98.

BPZ Resources (FRA:NA4) 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.

BPZ Resources's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2015 is

	Net-Net Working Capital Per Share (Q: Mar. 2015 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(25.884	+	0.75 * 3.36	+	0.5 * 10.888	-	241.424
-	0	-	0)	/	118.660
=	-1.75

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

BPZ Resources's Days Inventory for the three months ended in Mar. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2015 )	/	Cost of Goods Sold (Q: Mar. 2015 )	*	Days in Period
	=	10.2605	/	7.283	*	365 / 4
	=	128.56

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

BPZ Resources's Inventory Turnover for the quarter that ended in Mar. 2015 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2015 )	/	Average Total Inventories (Q: Mar. 2015 )
	=	7.283	/	10.2605
	=	0.71

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.

BPZ Resources's Inventory to Revenue for the quarter that ended in Mar. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2015 )	/	Revenue (Q: Mar. 2015 )
	=	10.2605	/	10.459
	=	0.98

* 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.

BPZ Resources Total Inventories Related Terms

BPZ Resources Total Inventories Historical Data

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

BPZ Resources Total Inventories Chart

BPZ Resources Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Total Inventories

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14.34

12.80

15.13

12.68

9.63

BPZ Resources Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Total Inventories	Get a 7-Day Free Trial															11.32	10.24	10.22	9.63	10.89

BPZ 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 €10.89 Mil mean?

BPZ Resources (FRA:NA4) has a Total Inventories of €10.89 Mil as of Mar. 2015. The total amount of inventory as recorded on a company's balance sheet. View historical data for BPZ Resources and its competitors.

Is BPZ Resources' Total Inventories too high?

BPZ Resources' current Total Inventories is €10.89 Mil.

How does BPZ Resources' Total Inventories compare to competitors?

BPZ Resources' Total Inventories of €10.89 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 BPZ Resources and its competitors. BPZ Resources's current Total Inventories is €10.89 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is BPZ Resources stock overvalued right now?

BPZ Resources (FRA:NA4) has a current Total Inventories of €10.89 Mil. The current Total Inventories is €10.89 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 BPZ Resources (FRA:NA4), the current Total Inventories is €10.89 Mil as of Mar. 2015. 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.

BPZ Resources Business Description

Industry Energy Oil & Gas

Comparable Companies STU:01G STU:MIR1 FRA:PAP1 STU:O3X2 FRA:0AMN FRA:C2Z1 STU:62B2 STU:PUQ3 FRA:8P2N FRA:45G1 FRA:O2EN FRA:V5D STU:YQNP FRA:3P4A FRA:52L1 FRA:3UM FRA:CP1 STU:E8U FRA:56M FRA:AJ4

Website http://www.bpzenergy.com

BPZ Resources Inc is a Texas corporation, incorporated in 1993. The Company is an independent oil and gas company engaged in the exploration, development and production of oil and natural gas in Peru and Ecuador. The Company is in the process of developing its Peruvian oil and gas reserves. It has completed the installation of the new CX-15 platform in the Corvina field to continue the development of the field and continued its drilling campaign there with completion of the CX-15-1D well. The customer of the Company is Peruvian national oil company, Petroleos del Peru - PETROPERU S.A.