Europa Oil & Gas (Holdings) (LSE:EOG) Total Inventories: £0.01 Mil (As of Jul. 2024)

What is Europa Oil & Gas (Holdings) Total Inventories?

Europa Oil & Gas (Holdings) LSE:EOG +2.67% Total Inventories is £0.01 Mil as of Jul. 2024.

Europa Oil & Gas (Holdings)'s total inventories for the quarter that ended in Jul. 2024 was £0.01 Mil. Europa Oil & Gas (Holdings)'s average total inventories from the quarter that ended in Jan. 2024 to the quarter that ended in Jul. 2024 was £0.01 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Europa Oil & Gas (Holdings)'s Net-Net Working Capital per share for the quarter that ended in Jul. 2024 was £-0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Europa Oil & Gas (Holdings)'s Days Inventory for the six months ended in Jul. 2024 was 0.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Europa Oil & Gas (Holdings)'s Inventory Turnover for the quarter that ended in Jul. 2024 was 184.32.

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. Europa Oil & Gas (Holdings)'s Inventory-to-Revenue for the quarter that ended in Jul. 2024 was 0.00.

Europa Oil & Gas (Holdings) (LSE:EOG) 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.

Europa Oil & Gas (Holdings)'s Net-Net Working Capital Per Share for the quarter that ended in Jul. 2024 is

	Net-Net Working Capital Per Share (Q: Jul. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1.463	+	0.75 * 1.002	+	0.5 * 0.009	-	6
-	0	-	0)	/	959.184
=	-0.00

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

Europa Oil & Gas (Holdings)'s Days Inventory for the six months ended in Jul. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jul. 2024 )	/	Cost of Goods Sold (Q: Jul. 2024 )	*	Days in Period
	=	0.0095	/	1.751	*	365 / 2
	=	0.99

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

Europa Oil & Gas (Holdings)'s Inventory Turnover for the quarter that ended in Jul. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jul. 2024 )	/	Average Total Inventories (Q: Jul. 2024 )
	=	1.751	/	0.0095
	=	184.32

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.

Europa Oil & Gas (Holdings)'s Inventory to Revenue for the quarter that ended in Jul. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jul. 2024 )	/	Revenue (Q: Jul. 2024 )
	=	0.0095	/	2.146
	=	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.

Europa Oil & Gas (Holdings) Total Inventories Related Terms

Europa Oil & Gas (Holdings) Total Inventories Historical Data

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The historical data trend for Europa Oil & Gas (Holdings)'s Total Inventories can be seen below:

Europa Oil & Gas (Holdings) Total Inventories Chart

Europa Oil & Gas (Holdings) Annual Data

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Total Inventories

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0.01

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0.04

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Europa Oil & Gas (Holdings) Semi-Annual Data
	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24
Total Inventories	Get a 7-Day Free Trial															0.04	0.03	0.02	0.01	0.01

Europa Oil & Gas (Holdings) 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 £0.01 Mil mean?

Europa Oil & Gas (Holdings) (LSE:EOG) has a Total Inventories of £0.01 Mil as of Jul. 2024. The total amount of inventory as recorded on a company's balance sheet. View historical data for Europa Oil & Gas (Holdings) and its competitors.

Is Europa Oil & Gas (Holdings)'s Total Inventories too high?

Europa Oil & Gas (Holdings)'s current Total Inventories is £0.01 Mil.

How does Europa Oil & Gas (Holdings)'s Total Inventories compare to COP and EOG?

Europa Oil & Gas (Holdings)'s Total Inventories of £0.01 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 Europa Oil & Gas (Holdings) and its competitors. Europa Oil & Gas (Holdings)'s current Total Inventories is £0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Europa Oil & Gas (Holdings) stock overvalued right now?

Europa Oil & Gas (Holdings) (LSE:EOG) has a current Total Inventories of £0.01 Mil. The current Total Inventories is £0.01 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 Europa Oil & Gas (Holdings) (LSE:EOG), the current Total Inventories is £0.01 Mil as of Jul. 2024. 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.

Europa Oil & Gas (Holdings) Business Description

Industry Energy Oil & Gas

Comparable Companies LSE:PMG LSE:ORCA LSE:SOU LSE:QHE LSE:RBD LSE:PXEN LSE:STAR LSE:MATD LSE:ZEN LSE:CHAR HKSE:00883 COP TSX:CNQ EOG MIC:NVTK FANG OXY EQT ASX:WDS EXE

Address 54 Charlotte Street, London, GBR, W1T 2NS

Website https://www.europaoil.com

Europa Oil & Gas (Holdings) PLC is an oil and gas exploration, development, and production company. It is focused on developing a balanced portfolio of assets in the North Sea, Atlantic Ireland, and West Africa, supported by revenue from onshore oil production in the United Kingdom. The company holds interests in the Broughton North prospect, West Firsby and Crosby Warren fields, Wressle-1 well, and Whisby W4 well. In the Irish Atlantic region, it considers the Inishkea prospect in the Slyne basin and near the Corrib gasfield as its flagship project in Ireland. The company has also acquired interest in the Block EG-08 offshore in the Douala Basin of Equatorial Guinea. Its reportable segments are the United Kingdom which derives key revenue, Ireland, and West Africa.