VNGBQ.PFD (Vanguard Natural Resources LLC) Total Inventories : $0.00 Mil (As of Jun. 2019)

View and export this data going back to 2014. Start your Free Trial

What is Vanguard Natural Resources LLC Total Inventories?

Vanguard Natural Resources LLC's total inventories for the quarter that ended in Jun. 2019 was $0.00 Mil. Vanguard Natural Resources LLC's average total inventories from the quarter that ended in Mar. 2019 to the quarter that ended in Jun. 2019 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Vanguard Natural Resources LLC's Net-Net Working Capital per share for the quarter that ended in Jun. 2019 was $N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vanguard Natural Resources LLC's Days Inventory for the three months ended in Jun. 2019 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. Vanguard Natural Resources LLC's Inventory-to-Revenue for the quarter that ended in Jun. 2019 was 0.00.

Vanguard Natural Resources LLC Total Inventories Historical Data

The historical data trend for Vanguard Natural Resources LLC'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.

Vanguard Natural Resources LLC Total Inventories Chart

Vanguard Natural Resources LLC Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Total Inventories

Get a 7-Day Free Trial

Vanguard Natural Resources LLC Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

Vanguard Natural Resources LLC 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.

Vanguard Natural Resources LLC (OTCPK:VNGBQ.PFD) 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.

Vanguard Natural Resources LLC's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2019 is

	Net-Net Working Capital Per Share (Q: Jun. 2019 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(44.782	+	0.75 * 42.892	+	0.5 * 0	-	1231.196
-	0	-	0)	/	0
=	N/A

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

Vanguard Natural Resources LLC's Days Inventory for the three months ended in Jun. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2019 )	/	Cost of Goods Sold (Q: Jun. 2019 )	*	Days in Period
	=	0	/	84.396	*	365 / 4
	=	0.00

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

Vanguard Natural Resources LLC's Inventory Turnover for the quarter that ended in Jun. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2019 )	/	Average Total Inventories (Q: Jun. 2019 )
	=	84.396	/	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.

Vanguard Natural Resources LLC's Inventory to Revenue for the quarter that ended in Jun. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2019 )	/	Revenue (Q: Jun. 2019 )
	=	0	/	70.921
	=	0.00

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.

Vanguard Natural Resources LLC Total Inventories Related Terms

Thank you for viewing the detailed overview of Vanguard Natural Resources LLC's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Vanguard Natural Resources LLC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vanguard Natural Resources LLC (OTCPK:VNGBQ.PFD) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

5847 San Felipe, Suite 3000, Houston, TX, USA, 77057

Website

https://www.grizzlyenergyllc.com

Grizzly Energy LLC is an onshore energy company. The company is focused on the acquisition and development of oil and natural gas properties in the United States. Its properties comprise of Anadarko, Arkoma, Big Horn, Green River, Gulf Coast and Permian.

Executives

Andrew Eliot Schultz	director	W6316 DESIGN DRIVE, GREENVILLE WI 54942
Bartels Patrick J Jr	director	C/O WCI COMMUNITIES, INC., 24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
Louis Spencer Wells	director	2935 PACIFIC AVENUE, SAN FRANCISCO CA 94115
Jr Joseph Hurliman	director	5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Maria Patricia Avila-eady	officer: Chief Accounting Officer	5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Jonathan Charles Curth	officer: GC, Corp Secretary & VP-Land	5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
W Greg Dunlevy	director	C.O KOSMOS ENERGY, LLC, 8176 PARK LANE, STE. 500, DALLAS TX 75231
Randall M Albert	director	5 PENN CENTER WEST, SUITE 401, PITTSBURGH PA 15276
Joseph Michael Citarrella	director	5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Mark Steven Carnes	officer: VP,Acquisitions & Divestitures	5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Lisa A Godfrey	officer: VP, HR & Investor Relations	5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Michael V Alexander	director	5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Graham Aled Morris	director	5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Mdra Gp Lp	other: See Remarks	C/O MONARCH ALTERNATIVE CAPITAL LP, 535 MADISON AVENUE, NEW YORK NY 10022
Monarch Alternative Capital Lp	other: See Remarks	535 MADISON AVENUE, NEW YORK NY 10022