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InPlay Oil (TSX:IPO) Total Inventories : C$6.2 Mil (As of Dec. 2024)


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What is InPlay Oil Total Inventories?

InPlay Oil's total inventories for the quarter that ended in Dec. 2024 was C$6.2 Mil. InPlay Oil's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was C$6.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. InPlay Oil's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$-1.91.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. InPlay Oil's Days Inventory for the three months ended in Dec. 2024 was 30.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. InPlay Oil's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.97.

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. InPlay Oil's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.15.


InPlay Oil Total Inventories Historical Data

The historical data trend for InPlay Oil'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.

InPlay Oil Total Inventories Chart

InPlay Oil Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 3.72 6.84 8.89 6.16

InPlay Oil Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 8.89 6.29 7.15 6.20 6.16

InPlay Oil 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.


InPlay Oil  (TSX:IPO) 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.

InPlay Oil's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 13.656+0.5 * 6.161-185.528
-0-0)/90.119
=-1.91

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

InPlay Oil's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=6.178/18.366*365 / 4
=30.69

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

InPlay Oil's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=18.366 / 6.178
=2.97

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.

InPlay Oil's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=6.178 / 40.039
=0.15

* 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.


InPlay Oil Total Inventories Related Terms

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InPlay Oil Business Description

Traded in Other Exchanges
Address
2000, 350 - 7th Avenue S.W., Calgary, AB, CAN, T2P 3N9
InPlay Oil Corp is an oil development and production company based in Calgary, Alberta. It is engaged in the acquisition, exploration, and development of petroleum and natural gas properties, and the production and sale of crude oil, natural gas, and natural gas liquids. Its petroleum and natural gas operations are located in the Province of Alberta. The company's operations are focused on a concentrated light oil asset base located in West Central Alberta. It derives revenue from selling its production of crude oil, natural gas and NGLs under variable price contracts.
Executives
Douglas Bartole Director, Senior Officer
Darren W. Dittmer Senior Officer
Brent Michael Howard Senior Officer
Kevin Yakiwchuk Senior Officer
Kevin Leonard Senior Officer
Regan Todd Davis Director
Thane Jensen Senior Officer
Stephen Curtis Nikiforuk Director
Sprott Resource Holdings Inc. 10% Security Holder