Magnolia Petroleum (LSE:MAGP) Total Inventories: £0.00 Mil (As of Jun. 2017)

What is Magnolia Petroleum Total Inventories?

Magnolia Petroleum LSE:MAGP +50.00% Total Inventories is £0.00 Mil as of Jun. 2017. The stock has 6 warning signs investors should review.

Magnolia Petroleum's total inventories for the quarter that ended in Jun. 2017 was £0.00 Mil. Magnolia Petroleum's average total inventories from the quarter that ended in Dec. 2016 to the quarter that ended in Jun. 2017 was £0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Magnolia Petroleum's Net-Net Working Capital per share for the quarter that ended in Jun. 2017 was £-0.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Magnolia Petroleum's Days Inventory for the six months ended in Jun. 2017 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. Magnolia Petroleum's Inventory-to-Revenue for the quarter that ended in Jun. 2017 was 0.00.

Magnolia Petroleum (LSE:MAGP) 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.

Magnolia Petroleum's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2017 is

	Net-Net Working Capital Per Share (Q: Jun. 2017 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.235	+	0.75 * 0	+	0.5 * 0	-	3.24
-	0	-	0)	/	18.700
=	-0.16

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

Magnolia Petroleum's Days Inventory for the six months ended in Jun. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2017 )	/	Cost of Goods Sold (Q: Jun. 2017 )	*	Days in Period
	=	0	/	0.756	*	365 / 2
	=	0.00

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

Magnolia Petroleum's Inventory Turnover for the quarter that ended in Jun. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2017 )	/	Average Total Inventories (Q: Jun. 2017 )
	=	0.756	/	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.

Magnolia Petroleum's Inventory to Revenue for the quarter that ended in Jun. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2017 )	/	Revenue (Q: Jun. 2017 )
	=	0	/	0.398
	=	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.

Magnolia Petroleum Total Inventories Related Terms

Magnolia Petroleum Total Inventories Historical Data

* Premium members only.

The historical data trend for Magnolia Petroleum's Total Inventories can be seen below:

Magnolia Petroleum Total Inventories Chart

Magnolia Petroleum Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Total Inventories

Get a 7-Day Free Trial

0.00

Magnolia Petroleum Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17
Total Inventories	Get a 7-Day Free Trial							0.00	0.00	0.00	0.00	0.00

Magnolia Petroleum 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 £0.00 Mil mean?

Magnolia Petroleum (LSE:MAGP) has a Total Inventories of £0.00 Mil as of Jun. 2017. The total amount of inventory as recorded on a company's balance sheet. View historical data for Magnolia Petroleum and its competitors.

Is Magnolia Petroleum's Total Inventories too high?

Magnolia Petroleum's current Total Inventories is £0.00 Mil.

How does Magnolia Petroleum's Total Inventories compare to VNRRQ and GBEYF?

Magnolia Petroleum's Total Inventories of £0.00 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 Magnolia Petroleum and its competitors. Magnolia Petroleum's current Total Inventories is £0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Magnolia Petroleum stock overvalued right now?

Magnolia Petroleum (LSE:MAGP) has a current Total Inventories of £0.00 Mil. The current Total Inventories is £0.00 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 Magnolia Petroleum (LSE:MAGP), the current Total Inventories is £0.00 Mil as of Jun. 2017. 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.

Magnolia Petroleum Business Description

Industry Energy Oil & Gas

Comparable Companies TSXV:PMX XCNQ:EI TSXV:PTP TSXV:SFT VNRRQ GBEYF TSXV:TPC TSXV:ZTR.H TSXV:CE TSXV:CEN STSC TSXV:HEI CYLC TSXV:PPE.H IFNY ATLS TSXV:ROC.H TSXV:RPN TSXV:KLE.H ASX:ENX

Address 19-21 Crawford Street, Suite 321, London, GBR, W1H 1PJ

Website http://www.magnoliapetroleum.com

Magnolia Petroleum PLC is an oil and gas production company. The company focuses on the acquisition, exploitation, and development of oil and gas properties located onshore in the United States. It has a diverse portfolio of revenue-generating assets including leases on the highly productive Bakken/Three Forks Sanish Formation in North Dakota and the proven Mississippi Lime and Woodford/Hunton oil formations in Oklahoma. It operates in two geographical areas, the United Kingdom and the United States of America.