GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oil and Gas Exploration and Production AD (XBUL:NGAZ) » Definitions » Total Inventories

Oil and Gas Exploration and Production AD (XBUL:NGAZ) Total Inventories : лв8.23 Mil (As of Dec. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Oil and Gas Exploration and Production AD Total Inventories?

Oil and Gas Exploration and Production AD's total inventories for the quarter that ended in Dec. 2023 was лв8.23 Mil. Oil and Gas Exploration and Production AD's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Dec. 2023 was лв7.88 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Oil and Gas Exploration and Production AD's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was лв0.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Oil and Gas Exploration and Production AD's Days Inventory for the six months ended in Dec. 2023 was 55.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. Oil and Gas Exploration and Production AD's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.30.

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. Oil and Gas Exploration and Production AD's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.19.


Oil and Gas Exploration and Production AD Total Inventories Historical Data

The historical data trend for Oil and Gas Exploration and Production AD'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.

Oil and Gas Exploration and Production AD Total Inventories Chart

Oil and Gas Exploration and Production AD Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.62 8.41 6.92 7.54 8.23

Oil and Gas Exploration and Production AD Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 8.62 8.41 6.92 7.54 8.23

Oil and Gas Exploration and Production AD 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.


Oil and Gas Exploration and Production AD  (XBUL:NGAZ) 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.

Oil and Gas Exploration and Production AD's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(28.9+0.75 * 3.599+0.5 * 8.228-24.067
-0-4.833)/12.2281
=0.56

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

Oil and Gas Exploration and Production AD's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=7.8845/25.99*365 / 2
=55.36

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

Oil and Gas Exploration and Production AD's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=25.99 / 7.8845
=3.30

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.

Oil and Gas Exploration and Production AD's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=7.8845 / 42.404
=0.19

* 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.


Oil and Gas Exploration and Production AD Total Inventories Related Terms

Thank you for viewing the detailed overview of Oil and Gas Exploration and Production AD's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Oil and Gas Exploration and Production AD Business Description

Traded in Other Exchanges
N/A
Address
2, Stefan Karadja Street, Sofia, BGR, 1080
Oil and Gas Exploration and Production AD is engaged in prospecting, exploration, development and exploitation of oil and gas fields, as well as processing of crude oil. Some of the services provided by the company - design and conducting of 2D and 3D seismic data acquisition, geological and geophysical data processing and interpretation, mud logging, drilling of exploration and production wells for mineralized water and geothermal energy, well logging, among others.

Oil and Gas Exploration and Production AD Headlines

No Headlines