NKRSF (Niko Resources) Total Inventories: $0.00 Mil (As of Dec. 2018)

What is Niko Resources Total Inventories?

Niko Resources NKRSF -90.00% Total Inventories is $0.00 Mil as of Dec. 2018.

Niko Resources's total inventories for the quarter that ended in Dec. 2018 was $0.00 Mil. Niko Resources'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. Niko Resources's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $-4.06.

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.

Niko Resources (OTCPK:NKRSF) 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.

Niko Resources'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)
=	(5.111	+	0.75 * 0.147	+	0.5 * 0	-	387.158
-	0	-	0)	/	94.050
=	-4.06

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

Niko Resources'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	/	0	*	365 / 4
	=

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

Niko Resources'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 )
	=	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.

Niko Resources'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	/	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.

Niko Resources Total Inventories Related Terms

Niko Resources Total Inventories Historical Data

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

Niko Resources Total Inventories Chart

Niko Resources Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Total Inventories

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10.60

7.89

4.17

3.66

4.14

Niko Resources Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Total Inventories	Get a 7-Day Free Trial															3.81	4.14	3.98	0.00	0.00

Niko Resources 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?

Niko Resources (NKRSF) has a Total Inventories of $0.00 Mil as of Dec. 2018. The total amount of inventory as recorded on a company's balance sheet. View historical data for Niko Resources and its competitors.

Is Niko Resources' Total Inventories too high?

Niko Resources' current Total Inventories is $0.00 Mil.

How does Niko Resources' Total Inventories compare to SNECQ and PTCO?

Niko Resources' 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 Niko Resources and its competitors. Niko Resources'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 Niko Resources stock overvalued right now?

Niko Resources (NKRSF) 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 Niko Resources (NKRSF), the current Total Inventories is $0.00 Mil as of Dec. 2018. 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.

Niko Resources Business Description

Industry Energy Oil & Gas

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Address 205 - 5th Avenue SW, Suite 2700, Calgary, AB, CAN, T2P 3G6

Website https://www.nikoresources.com

Niko Resources Ltd is an oil and natural gas exploration and production company.