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Imperial Resources (Imperial Resources) Total Inventories : $0.00 Mil (As of Dec. 2012)


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What is Imperial Resources Total Inventories?

Imperial Resources's total inventories for the quarter that ended in Dec. 2012 was $0.00 Mil. Imperial Resources's average total inventories from the quarter that ended in Sep. 2012 to the quarter that ended in Dec. 2012 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Imperial Resources's Net-Net Working Capital per share for the quarter that ended in Dec. 2012 was $-0.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Imperial Resources's Days Inventory for the three months ended in Dec. 2012 was 0.00.

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. Imperial Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2012 was 0.00.


Imperial Resources Total Inventories Historical Data

The historical data trend for Imperial Resources'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.

Imperial Resources Total Inventories Chart

Imperial Resources Annual Data
Trend Mar09 Mar10 Mar11 Mar12
Total Inventories
- - - -

Imperial Resources Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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Imperial 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.


Imperial Resources  (OTCPK:IPRC) 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.

Imperial Resources's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2012 is

Net-Net Working Capital Per Share (Q: Dec. 2012 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.044+0.75 * 0.038+0.5 * 0-2.395
-0-0)/43.4762
=-0.05

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

Imperial Resources's Days Inventory for the three months ended in Dec. 2012 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2012 )/Cost of Goods Sold (Q: Dec. 2012 )*Days in Period
=0/0.03*365 / 4
=0.00

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

Imperial Resources's Inventory Turnover for the quarter that ended in Dec. 2012 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2012 ) / Average Total Inventories (Q: Dec. 2012 )
=0.03 / 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.

Imperial Resources's Inventory to Revenue for the quarter that ended in Dec. 2012 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2012 ) / Revenue (Q: Dec. 2012 )
=0 / 0.059
=0.00

* 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.


Imperial Resources Total Inventories Related Terms

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Imperial Resources (Imperial Resources) Business Description

Traded in Other Exchanges
N/A
Address
106 East 6th Street, Suite 900, Austin, TX, USA, 78701
Imperial Resources Inc has decided to focus its core activities on development and exploration of oil and gas assets in the United States through its wholly-owned subsidiary. It is an exploration stage company. It explores for asphalt, gold, and other precious metals.

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