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Jones Energy (Jones Energy) Total Inventories : $0.00 Mil (As of Dec. 2018)


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What is Jones Energy Total Inventories?

Jones Energy's total inventories for the quarter that ended in Dec. 2018 was $0.00 Mil. Jones Energy's average total inventories from the quarter that ended in Sep. 2018 to the quarter that ended in Dec. 2018 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Jones Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jones Energy's Days Inventory for the three months ended in Dec. 2018 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. Jones Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 0.00.


Jones Energy Total Inventories Historical Data

The historical data trend for Jones 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.

Jones Energy Total Inventories Chart

Jones Energy Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Inventories
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Jones Energy Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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Jones 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.


Jones Energy  (OTCPK:JNEEQ.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.

Jones Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2018 is

Net-Net Working Capital Per Share (Q: Dec. 2018 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(58.464+0.75 * 33.954+0.5 * 0-1116.839
-93.719--7.688)/0
=N/A

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

Jones Energy's Days Inventory for the three months ended in Dec. 2018 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2018 )/Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=0/63.84*365 / 4
=0.00

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

Jones Energy's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2018 ) / Average Total Inventories (Q: Dec. 2018 )
=63.84 / 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.

Jones Energy's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2018 ) / Revenue (Q: Dec. 2018 )
=0 / 53.887
=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.


Jones Energy Total Inventories Related Terms

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Jones Energy (Jones Energy) Business Description

Traded in Other Exchanges
N/A
Address
807 Las Cimas Parkway, Suite 350, Austin, TX, USA, 78746
Jones Energy Inc is an oil and natural gas exploration, development and production company. It conducts its operations in the Anadarko basin. The company specializes in drillings horizontal well and has drilled over 930 total wells as operator, including nearly 760 horizontal wells since its formation. The firm recognizes its revenues from the sale of crude oil, natural gas, and natural gas liquids.
Executives
Louis Spencer Wells director 2935 PACIFIC AVENUE, SAN FRANCISCO CA 94115
Tara Lewis director 807 LAS CIMAS PARKWAY, SUITE 350, AUSTIN TX 78746
Kirk Goehring officer: Vice President of Strategy 807 LAS CIMAS PARKWAY, SUITE 350, AUSTIN TX 78746
Thomas Hester officer: VP of Finance and Secretary 807 LAS CIMAS PARKWAY, SUITE 350, AUSTIN TX 78746
Carl Fredrick Giesler officer: Chief Executive Officer 10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391-2359
Loyd Paul B Jr director 500 DALLAS STREET, SUITE 2300, HOUSTON TX 77002
Scott Mccarty director 301 COMMERCE STREET, SUITE 2975, FORT WORTH TX 76102
Renegade Swish, Llc director 301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Q Global Advisors, Llc director 301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Q Global Capital Management, L.p. director 301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Geoffrey Raynor director 301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Metalmark Capital Partners Ii Gp, L.p. director, 10 percent owner 1177 AVENUE OF THE AMERICAS, 40TH FLOOR, NEW YORK NY 10036
Metalmark Capital Ii Llc director, 10 percent owner 1177 AVENUE OF THE AMERICAS, 40TH FLOOR, NEW YORK NY 10036
Jeffrey Alan Tanner officer: Executive V. P. - Geosciences 807 LAS CIMAS PARKWAY, SUITE 350, AUSTIN TX 78746
Robb L. Voyles director 3000 N. SAM HOUSTON PARKWAY E., HOUSTON TX 77032