GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » TPT Strategic Inc (OTCPK:INOQ) » Definitions » Total Inventories

INOQ (TPT Strategic) Total Inventories : $0.00 Mil (As of . 20)


View and export this data going back to 2006. Start your Free Trial

What is TPT Strategic Total Inventories?

TPT Strategic's total inventories for the quarter that ended in . 20 was $0.00 Mil. TPT Strategic's average total inventories from the quarter that ended in . 20 to the quarter that ended in . 20 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. TPT Strategic's Net-Net Working Capital per share for the quarter that ended in . 20 was $N/A.

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.

TPT Strategic Total Inventories Historical Data

The historical data trend for TPT Strategic'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.

TPT Strategic Total Inventories Chart

TPT Strategic Annual Data
Trend
Total Inventories

TPT Strategic Semi-Annual Data
Total Inventories

TPT Strategic 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.

TPT Strategic  (OTCPK:INOQ) 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.

TPT Strategic's Net-Net Working Capital Per Share for the quarter that ended in . 20 is

Net-Net Working Capital Per Share (Q: . 20 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(+0.75 * +0.5 * -N/A
--)/0
=N/A

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

TPT Strategic's Days Inventory for the six months ended in . 20 is calculated as:

Days Inventory=Average Total Inventories (Q: . 20 )/Cost of Goods Sold (Q: . 20 )*Days in Period
=0/*365 / 2
=

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

TPT Strategic's Inventory Turnover for the quarter that ended in . 20 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: . 20 ) / Average Total Inventories (Q: . 20 )
= / 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.

TPT Strategic's Inventory to Revenue for the quarter that ended in . 20 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: . 20 ) / Revenue (Q: . 20 )
=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.

TPT Strategic Total Inventories Related Terms

Thank you for viewing the detailed overview of TPT Strategic's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

TPT Strategic Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » TPT Strategic Inc (OTCPK:INOQ) » Definitions » Total Inventories
Comparable Companies
DHCC EEGI CDBT ATYG MAYX PLPL IWSH CRGH WHLT TCRI AACT ANSC AAM EQV NETD CCIX GPAT ALF MBAV CCIR
Traded in Other Exchanges
N/A
Address
501 W Broadway, Suite 800, San Diego, CA, USA, 92101
Website
http://www.southernplainsoil.com
TPT Strategic Inc focuses in enhanced oil recovery efforts through drilling and the use of water flooding and nitrogen injection in areas of prior production. The company discontinued all its operations.