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Universal Energy (Universal Energy) Total Inventories : $0.00 Mil (As of Sep. 2009)


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What is Universal Energy Total Inventories?

Universal Energy's total inventories for the quarter that ended in Sep. 2009 was $0.00 Mil. Universal Energy's average total inventories from the quarter that ended in Jun. 2009 to the quarter that ended in Sep. 2009 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Universal Energy's Net-Net Working Capital per share for the quarter that ended in Sep. 2009 was $-0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Universal Energy's Days Inventory for the three months ended in Sep. 2009 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. Universal Energy's Inventory-to-Revenue for the quarter that ended in Sep. 2009 was 0.00.


Universal Energy Total Inventories Historical Data

The historical data trend for Universal Energy'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.

Universal Energy Total Inventories Chart

Universal Energy Annual Data
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Universal Energy Quarterly Data
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Universal Energy 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.


Universal Energy  (OTCPK:UVSE) 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.

Universal Energy's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2009 is

Net-Net Working Capital Per Share (Q: Sep. 2009 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.006+0.75 * 0.036+0.5 * 0-2.353
-0-0)/80835.2
=-0.00

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

Universal Energy's Days Inventory for the three months ended in Sep. 2009 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2009 )/Cost of Goods Sold (Q: Sep. 2009 )*Days in Period
=0/0.037*365 / 4
=0.00

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

Universal Energy's Inventory Turnover for the quarter that ended in Sep. 2009 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2009 ) / Average Total Inventories (Q: Sep. 2009 )
=0.037 / 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.

Universal Energy's Inventory to Revenue for the quarter that ended in Sep. 2009 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2009 ) / Revenue (Q: Sep. 2009 )
=0 / 0.073
=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.


Universal Energy Total Inventories Related Terms

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Universal Energy (Universal Energy) Business Description

Traded in Other Exchanges
N/A
Address
1540 International Parkway, Suite 200, Lake Mary, FL, USA, 32746
Universal Energy Corp is an independent energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States and Canada.

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