GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Lochard Energy Group PLC (LSE:LHD) » Definitions » Total Inventories

Lochard Energy Group (LSE:LHD) Total Inventories : £0.18 Mil (As of Dec. 2012)


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

What is Lochard Energy Group Total Inventories?

Lochard Energy Group's total inventories for the quarter that ended in Dec. 2012 was £0.18 Mil. Lochard Energy Group's average total inventories from the quarter that ended in Jun. 2012 to the quarter that ended in Dec. 2012 was £0.45 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Lochard Energy Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2012 was £-0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lochard Energy Group's Days Inventory for the six months ended in Dec. 2012 was 11.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lochard Energy Group's Inventory Turnover for the quarter that ended in Dec. 2012 was 16.58.

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. Lochard Energy Group's Inventory-to-Revenue for the quarter that ended in Dec. 2012 was 0.04.


Lochard Energy Group Total Inventories Historical Data

The historical data trend for Lochard Energy Group'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.

Lochard Energy Group Total Inventories Chart

Lochard Energy Group Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.11 3.71 4.77 - 0.72

Lochard Energy Group Semi-Annual Data
Dec03 Jun04 Dec04 Jun05 Jun06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12
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 4.98 - - 0.72 0.18

Lochard Energy Group 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.


Lochard Energy Group  (LSE:LHD) 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.

Lochard Energy Group'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)
=(0.105+0.75 * 0+0.5 * 0.183-11.606
-0-0)/281.225
=-0.04

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

Lochard Energy Group's Days Inventory for the six 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
=0.449/7.445*365 / 2
=11.01

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

Lochard Energy Group'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 )
=7.445 / 0.449
=16.58

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.

Lochard Energy Group'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 )
=0.449 / 11.759
=0.04

* 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.


Lochard Energy Group Total Inventories Related Terms

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


Lochard Energy Group (LSE:LHD) Business Description

Traded in Other Exchanges
N/A
Address
Website

Lochard Energy Group (LSE:LHD) Headlines

No Headlines