United States Oil and Gas (FRA:NG5B) Total Inventories: €0.33 Mil (As of Sep. 2011)


What is United States Oil and Gas Total Inventories?

United States Oil and Gas FRA:NG5B Total Inventories is €0.33 Mil as of Sep. 2011.

United States Oil and Gas's total inventories for the quarter that ended in Sep. 2011 was €0.33 Mil. United States Oil and Gas's average total inventories from the quarter that ended in Jun. 2011 to the quarter that ended in Sep. 2011 was €0.30 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. United States Oil and Gas's Net-Net Working Capital per share for the quarter that ended in Sep. 2011 was €-0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. United States Oil and Gas's Days Inventory for the three months ended in Sep. 2011 was 23.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. United States Oil and Gas's Inventory Turnover for the quarter that ended in Sep. 2011 was 3.93.

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. United States Oil and Gas's Inventory-to-Revenue for the quarter that ended in Sep. 2011 was 0.25.


United States Oil and Gas  (FRA:NG5B) 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.

United States Oil and Gas's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2011 is

Net-Net Working Capital Per Share (Q: Sep. 2011 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.008+0.75 * 1.434+0.5 * 0.334-5.403
-0-0)/2337.210
=-0.00

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

United States Oil and Gas's Days Inventory for the three months ended in Sep. 2011 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2011 )/Cost of Goods Sold (Q: Sep. 2011 )*Days in Period
=0.3035/1.193*365 / 4
=23.21

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

United States Oil and Gas's Inventory Turnover for the quarter that ended in Sep. 2011 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2011 ) / Average Total Inventories (Q: Sep. 2011 )
=1.193 / 0.3035
=3.93

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.

United States Oil and Gas's Inventory to Revenue for the quarter that ended in Sep. 2011 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2011 ) / Revenue (Q: Sep. 2011 )
=0.3035 / 1.21
=0.25

* 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.


United States Oil and Gas Total Inventories Related Terms


United States Oil and Gas Total Inventories Historical Data

* Premium members only.

The historical data trend for United States Oil and Gas'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.

United States Oil and Gas Total Inventories Chart

United States Oil and Gas Annual Data
Trend Dec09 Dec10
Total Inventories
0.13 0.32

United States Oil and Gas Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.32 0.29 0.27 0.33

United States Oil and Gas 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 €0.33 Mil mean?
United States Oil and Gas (FRA:NG5B) has a Total Inventories of €0.33 Mil as of Sep. 2011. The total amount of inventory as recorded on a company's balance sheet. View historical data for United States Oil and Gas and its competitors.
Is United States Oil and Gas' Total Inventories too high?
United States Oil and Gas' current Total Inventories is €0.33 Mil.
How does United States Oil and Gas' Total Inventories compare to competitors?
United States Oil and Gas' Total Inventories of €0.33 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 United States Oil and Gas and its competitors. United States Oil and Gas's current Total Inventories is €0.33 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United States Oil and Gas stock overvalued right now?
United States Oil and Gas (FRA:NG5B) has a current Total Inventories of €0.33 Mil. The current Total Inventories is €0.33 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 United States Oil and Gas (FRA:NG5B), the current Total Inventories is €0.33 Mil as of Sep. 2011. 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.

United States Oil and Gas Business Description

Industry EnergyOil & Gas
United States Oil And Gas Corp was founded in April 2007. The Company identifies and attempts to acquire domestic oil and gas service companies that market and distribute refined fuels, distillates (which are liquid petroleum products that are burned in a furnace or boiler for the generation of heat or used in an engine for the generation of power) and propane to retail and wholesale customers and oversee the operations of the businesses it acquires. Its acquisition targets are small to mid-sized family-run companies. Oil and gas service companies typically purchase bulk fuel and propane from regional suppliers, then store, sell, and deliver the fuel and propane to local businesses, drillers, farms, wholesalers, and individuals.