POGS (Pioneer Oil & Gas) Total Inventories: $0.00 Mil (As of Jun. 2005)


What is Pioneer Oil & Gas Total Inventories?

Pioneer Oil & Gas POGS -37.34% Total Inventories is $0.00 Mil as of Jun. 2005.

Pioneer Oil & Gas's total inventories for the quarter that ended in Jun. 2005 was $0.00 Mil. Pioneer Oil & Gas's average total inventories from the quarter that ended in Mar. 2005 to the quarter that ended in Jun. 2005 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Pioneer Oil & Gas's Net-Net Working Capital per share for the quarter that ended in Jun. 2005 was $0.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pioneer Oil & Gas's Days Inventory for the three months ended in Jun. 2005 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. Pioneer Oil & Gas's Inventory-to-Revenue for the quarter that ended in Jun. 2005 was 0.00.

Pioneer Oil & Gas  (OTCPK:POGS) 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.

Pioneer Oil & Gas's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2005 is

Net-Net Working Capital Per Share (Q: Jun. 2005 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.11+0.75 * 0.213+0.5 * 0-2.583
-0-0)/7.827
=0.22

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

Pioneer Oil & Gas's Days Inventory for the three months ended in Jun. 2005 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2005 )/Cost of Goods Sold (Q: Jun. 2005 )*Days in Period
=0/0.233*365 / 4
=0.00

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

Pioneer Oil & Gas's Inventory Turnover for the quarter that ended in Jun. 2005 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2005 ) / Average Total Inventories (Q: Jun. 2005 )
=0.233 / 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.

Pioneer Oil & Gas's Inventory to Revenue for the quarter that ended in Jun. 2005 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2005 ) / Revenue (Q: Jun. 2005 )
=0 / 2.741
=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.

Pioneer Oil & Gas Total Inventories Related Terms

Pioneer Oil & Gas Total Inventories Historical Data

* Premium members only.

The historical data trend for Pioneer Oil & Gas'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.

Pioneer Oil & Gas Total Inventories Chart

Pioneer Oil & Gas Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04
Total Inventories
0.00 0.00 0.00 0.00 0.00

Pioneer Oil & Gas Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
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 Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Pioneer Oil & Gas 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?
Pioneer Oil & Gas (POGS) has a Total Inventories of $0.00 Mil as of Jun. 2005. The total amount of inventory as recorded on a company's balance sheet. View historical data for Pioneer Oil & Gas and its competitors.
Is Pioneer Oil & Gas' Total Inventories too high?
Pioneer Oil & Gas' current Total Inventories is $0.00 Mil.
How does Pioneer Oil & Gas' Total Inventories compare to ECT and TRNX?
Pioneer Oil & Gas' 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 Pioneer Oil & Gas and its competitors. Pioneer Oil & Gas'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 Pioneer Oil & Gas stock overvalued right now?
Pioneer Oil & Gas (POGS) 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 Pioneer Oil & Gas (POGS), the current Total Inventories is $0.00 Mil as of Jun. 2005. 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.

Pioneer Oil & Gas Business Description

Industry EnergyOil & Gas
Address 1206 West South Jordan Parkway, Unit B, South Jordan, UT, USA, 84095-5512
Pioneer Oil & Gas operates in the oil and gas integrated industry. The company is engaged in the business of acquiring, developing, producing, and selling oil and gas properties to companies located in the continental United States. The majority of the company's revenue is derived from royalty income.