TXO (LSE:TXO) Total Inventories: £0.00 Mil (As of Mar. 2014)

What is TXO Total Inventories?

TXO LSE:TXO Total Inventories is £0.00 Mil as of Mar. 2014.

TXO's total inventories for the quarter that ended in Mar. 2014 was £0.00 Mil. TXO's average total inventories from the quarter that ended in Sep. 2013 to the quarter that ended in Mar. 2014 was £0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. TXO's Net-Net Working Capital per share for the quarter that ended in Mar. 2014 was £-1.32.

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

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.

TXO (LSE:TXO) 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.

TXO's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2014 is

	Net-Net Working Capital Per Share (Q: Mar. 2014 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.273	+	0.75 * 0	+	0.5 * 0	-	1.137
-	0	-	-0.017)	/	0.640
=	-1.32

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

TXO's Days Inventory for the six months ended in Mar. 2014 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2014 )	/	Cost of Goods Sold (Q: Mar. 2014 )	*	Days in Period
	=	0	/	0	*	365 / 2
	=

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

TXO's Inventory Turnover for the quarter that ended in Mar. 2014 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2014 )	/	Average Total Inventories (Q: Mar. 2014 )
	=	0	/	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.

TXO's Inventory to Revenue for the quarter that ended in Mar. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2014 )	/	Revenue (Q: Mar. 2014 )
	=	0	/	0
	=

* 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.

TXO Total Inventories Related Terms

TXO Total Inventories Historical Data

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

TXO Total Inventories Chart

TXO Annual Data

Trend

Mar04

Mar05

Mar06

Mar07

Mar08

Mar09

Sep10

Sep11

Sep12

Sep13

Total Inventories

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0.16

0.01

0.00

TXO Semi-Annual Data
	Sep03	Mar04	Sep04	Mar05	Sep05	Mar06	Sep06	Mar07	Sep07	Mar08	Sep08	Mar09	Sep09	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14
Total Inventories	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

TXO 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?

TXO (LSE:TXO) has a Total Inventories of £0.00 Mil as of Mar. 2014. The total amount of inventory as recorded on a company's balance sheet. View historical data for TXO and its competitors.

Is TXO's Total Inventories too high?

TXO's current Total Inventories is £0.00 Mil.

How does TXO's Total Inventories compare to competitors?

TXO'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 TXO and its competitors. TXO'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 TXO stock overvalued right now?

TXO (LSE:TXO) 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 TXO (LSE:TXO), the current Total Inventories is £0.00 Mil as of Mar. 2014. 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.

TXO Business Description

Industry Energy Oil & Gas

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TXO PLC is a public company, incorporated on June 26, 1989. The Company is engaged in holding investments operating in the oil and gas sector. The Company's operations are subject to laws and regulations relating to the protection of human health and safety and the environment.