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ROC Energy Acquisition's total inventories for the quarter that ended in Mar. 2023 was $0.00 Mil. ROC Energy Acquisition's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Mar. 2023 was $0.00 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. ROC Energy Acquisition's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was $-0.26.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
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.
The historical data trend for ROC Energy Acquisition'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.
ROC Energy Acquisition Annual Data | |||
Trend | Dec21 | Dec22 | |
Total Inventories | - | - |
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.
ROC Energy Acquisition (NAS:ROC) 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.
ROC Energy Acquisition's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2023 is
Net-Net Working Capital Per Share (Q: Mar. 2023 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (0.007 | + | 0.75 * 0 | + | 0.5 * 0 | - | 6.884 |
- | 0 | - | 0) | / | 26.851 | ||
= | -0.26 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
ROC Energy Acquisition's Days Inventory for the three months ended in Mar. 2023 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Mar. 2023 ) | / | Cost of Goods Sold (Q: Mar. 2023 ) | * | Days in Period |
= | 0 | / | 0 | * | 365 / 4 | |
= |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
ROC Energy Acquisition's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Mar. 2023 ) | / | Average Total Inventories (Q: Mar. 2023 ) |
= | 0 | / | 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.
ROC Energy Acquisition's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Mar. 2023 ) | / | Revenue (Q: Mar. 2023 ) |
= | 0 | / | 0 | |
= |
* 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.
Thank you for viewing the detailed overview of ROC Energy Acquisition's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Thomas O Hicks | director, 10 percent owner | 2200 ROSS AVENUE, SUITE 4600 W, DALLAS TX 75201 |
David Richard Johnson | officer: Chief Financial Officer | 27215 SYMPHONY CREEK LN, FULSHEAR TX 77441 |
Robert Wayne Prejean | director, officer: CEO, President | 3701 BRIARPARK DRIVE, SUITE 150, HOUSTON TX 77042 |
Domino Michael Wayne Jr. | officer: President, DTR Division | 3701 BRIARPARK DRIVE, SUITE 150, HOUSTON TX 77042 |
Vermillion Charles Richard Jr. | director | 4605 POST OAK PLACE #202, HOUSTON TX 77027 |
L.p. Hhep-directional, | 10 percent owner | 2200 ROSS AVENUE, 50TH FLOOR, DALLAS TX 75201 |
Curt L. Crofford | director | 100 CRESCENT COURT, SUITE 1200, DALLAS TX 75201 |
Thomas Monroe Patterson | director | 801 CHERRY STREET, SUITE 2100, FORT WORTH TX 76102 |
Eric C Neuman | director | 100 CRESCENT COURT, SUITE 1200, DALLAS TX 75201 |
Jack D Furst | director | 2591 LAKESIDE PARKWAY, SUITE 100, FLOWER MOUND TX 75022 |
Brian Minnehan | director | 5221 N. O'CONNOR BLVD SUITE 1100, IRVING TX 75039 |
Roc Energy Holdings, Llc | 10 percent owner | 16400 DALLAS PARKWAY, DALLAS TX 75248 |
Daniel Jeffrey Kimes | director, officer: Chief Executive Officer | 16400 DALLAS PARKWAY, DALLAS TX 75248 |
Joseph Drysdale | director | 16400 DALLAS PARKWAY, DALLAS TX 75248 |
Win Graham | director | 16400 DALLAS PARKWAY, DALLAS TX 75248 |
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