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FXENP.PFD (FX Energy) Total Inventories : $0.10 Mil (As of Sep. 2015)


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What is FX Energy Total Inventories?

FX Energy's total inventories for the quarter that ended in Sep. 2015 was $0.10 Mil. FX Energy's average total inventories from the quarter that ended in Jun. 2015 to the quarter that ended in Sep. 2015 was $0.10 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. FX Energy's Net-Net Working Capital per share for the quarter that ended in Sep. 2015 was $N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. FX Energy's Days Inventory for the three months ended in Sep. 2015 was 9.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. FX Energy's Inventory Turnover for the quarter that ended in Sep. 2015 was 9.47.

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. FX Energy's Inventory-to-Revenue for the quarter that ended in Sep. 2015 was 0.02.


FX Energy Total Inventories Historical Data

The historical data trend for FX Energy'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.

FX Energy Total Inventories Chart

FX Energy Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.20 0.20 0.10 0.10

FX Energy Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.10 0.10 0.10 0.10

FX Energy 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.


FX Energy  (NAS:FXENP.PFD) 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.

FX Energy's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2015 is

Net-Net Working Capital Per Share (Q: Sep. 2015 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(8.738+0.75 * 1.461+0.5 * 0.099-55.706
-0.001-0)/0
=N/A

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

FX Energy's Days Inventory for the three months ended in Sep. 2015 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2015 )/Cost of Goods Sold (Q: Sep. 2015 )*Days in Period
=0.1/0.947*365 / 4
=9.64

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

FX Energy's Inventory Turnover for the quarter that ended in Sep. 2015 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2015 ) / Average Total Inventories (Q: Sep. 2015 )
=0.947 / 0.1
=9.47

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.

FX Energy's Inventory to Revenue for the quarter that ended in Sep. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2015 ) / Revenue (Q: Sep. 2015 )
=0.1 / 5.104
=0.02

* 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.


FX Energy Total Inventories Related Terms

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FX Energy Business Description

Traded in Other Exchanges
N/A
Address
FX Energy Inc was founded in 1989. The Company is an independent oil and gas exploration and production company with principal production, reserves, and exploration in Poland and oil production, oilfield service, and exploration activities in the United States. Company concentrates its exploration efforts in Poland on the Rotliegend sandstones of the Permian Basin. As of December 31, 2013, Company held oil and gas exploration rights in Poland in a number of separately designated project areas encompassing approximately 2.7 million gross acres. In Poland, it has projects involving the exploration and exploitation of oil and gas prospects in partnership with Polskie Górnictwo Naftowe i Gazownictwo or PGNiG, the Polish national oil and gas company, other industry partners, and for its own account. In the United States, it explores for and produces oil from fields in Montana and Nevada, and it have an oilfield services company in northern Montana that performs contract drilling and well-servicing operations. Company operates within two segments of the oil and gas industry: the exploration and production, or E&P, segment in Poland and the United States, and the oilfield services segment in the United States. The Company faces competition from larger oil and gas companies. The Companys oil and gas exploration, development, and production activities in Poland are subject to Polands laws and regulations and its United States operations are subject to governmental risks that may impact its operations.
Executives
Clay Newton officer: Vice President 3006 HIGHLAND DRIVE, SALT LAKE CITY UT 84106
H Allen Turner director DEVON ENERGY CORP, 20 NORTH BROADWAY STE 1500, OKLAHOMA CITY OK 73102-8260
Scott J Duncan officer: Vice President 3006 HIGHLAND DR, STE 206, SALT LAKE CITY UT 84106
David N Pierce director, officer: President/CEO 3006 HIGHLAND DR, STE 206, SALT LAKE CITY UT 84106
Andrew W Pierce officer: Vice President 3006 HIGHLAND DR, STE 206, SALT LAKE CITY UT 84106
Thomas B Lovejoy director, officer: Chief Financial Officer 48 BURYING HILL ROAD, GREENWICH CT 06831
Dennis B Goldstein director 3006 HIGHLAND DR, STE 206, SALT LAKE CITY UT 84106
Jerzy B Maciolek officer: Vice President 3006 HIGHLAND DR, STE 206, SALT LAKE CITY UT 84106
Richard Hardman director
Grundvig Arnold S Jr director 2135 CASTLE HILL AVE, SALT LAKE CITY UT 84121
David L Worrell director 1469 ROSE VILLA STREET, PASADENA CA 91106

FX Energy Headlines

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FX Energy Inc. Reports Operating Results (10-K)

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