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


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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
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Total Inventories
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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
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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:VNRCQ.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

* 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.


Vanguard Natural Resources LLC Total Inventories Related Terms

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Vanguard Natural Resources LLC Business Description

Traded in Other Exchanges
N/A
Address
5847 San Felipe, Suite 3000, Houston, TX, USA, 77057
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.