Central Natural Resources (Central Natural Resources) Inventory Turnover : 0.00 (As of Jun. 2004)

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What is Central Natural Resources Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Central Natural Resources's Cost of Goods Sold for the three months ended in Jun. 2004 was $0.05 Mil. Central Natural Resources's Average Total Inventories for the quarter that ended in Jun. 2004 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Central Natural Resources's Days Inventory for the three months ended in Jun. 2004 was 0.00.

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. Central Natural Resources's Inventory-to-Revenue for the quarter that ended in Jun. 2004 was 0.00.

Central Natural Resources Inventory Turnover Historical Data

The historical data trend for Central Natural Resources's Inventory Turnover 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.

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Central Natural Resources Inventory Turnover Chart

Central Natural Resources Annual Data

Trend

Dec95

Dec96

Dec97

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Inventory Turnover

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Central Natural Resources Quarterly Data
	Dec98	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Central Natural Resources Inventory Turnover Calculation

Central Natural Resources's Inventory Turnover for the fiscal year that ended in Dec. 2003 is calculated as

	Inventory Turnover (A: Dec. 2003 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2003 )	/ (	(Total Inventories (A: Dec. 2002 )	+	Total Inventories (A: Dec. 2003 ))	/	count )
=	0.335	/ (	(0	+	0)	/	1 )
=	0.335	/	0
=	N/A

Central Natural Resources's Inventory Turnover for the quarter that ended in Jun. 2004 is calculated as

	Inventory Turnover (Q: Jun. 2004 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2004 )	/ (	(Total Inventories (Q: Mar. 2004 )	+	Total Inventories (Q: Jun. 2004 ))	/	count )
=	0.048	/ (	(0	+	0)	/	1 )
=	0.048	/	0
=	N/A

Central Natural Resources (OTCPK:CTNR) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Central Natural Resources's Days Inventory for the three months ended in Jun. 2004 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2004 )	/	Cost of Goods Sold (Q: Jun. 2004 )	*	Days in Period
	=	0	/	0.048	*	365 / 4
	=	0.00

2. 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.

Central Natural Resources's Inventory to Revenue for the quarter that ended in Jun. 2004 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2004 )	/	Revenue (Q: Jun. 2004 )
	=	0	/	0.445
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Central Natural Resources Inventory Turnover Related Terms

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Central Natural Resources (Central Natural Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Central Natural Resources Inc (OTCPK:CTNR) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

911 Main Street, Suite 1710, Kansas City, MO, USA, 64105

Website

http://www.centralholdings.com

Central Natural Resources Inc is an independent energy company. It invests in and develops natural resources including natural gas, oil, coal and coalbed methane. Central's operations concentrate on domestic, on-shore properties, with producing properties located in Texas, Louisiana and the Arkoma Basin.

Executives

James R Ukropina

director

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