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Carbon Energy (Carbon Energy) Total Inventories : $0.5 Mil (As of Jun. 2020)


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What is Carbon Energy Total Inventories?

Carbon Energy's total inventories for the quarter that ended in Jun. 2020 was $0.5 Mil. Carbon Energy's average total inventories from the quarter that ended in Mar. 2020 to the quarter that ended in Jun. 2020 was $1.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Carbon Energy's Net-Net Working Capital per share for the quarter that ended in Jun. 2020 was $-53.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Carbon Energy's Days Inventory for the three months ended in Jun. 2020 was 9.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. Carbon Energy's Inventory Turnover for the quarter that ended in Jun. 2020 was 9.43.

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. Carbon Energy's Inventory-to-Revenue for the quarter that ended in Jun. 2020 was 0.25.


Carbon Energy Total Inventories Historical Data

The historical data trend for Carbon Energy'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.

Carbon Energy Total Inventories Chart

Carbon Energy Annual Data
Trend Mar10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.15 2.51

Carbon Energy Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.37 2.52 2.51 1.94 0.49

Carbon Energy 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.


Carbon Energy  (OTCPK:CRBO) 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.

Carbon Energy's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2020 is

Net-Net Working Capital Per Share (Q: Jun. 2020 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.311+0.75 * 1.846+0.5 * 0.491-86.968
-0.001-27.629)/2.07619
=-53.78

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

Carbon Energy's Days Inventory for the three months ended in Jun. 2020 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2020 )/Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=1.217/11.471*365 / 4
=9.68

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

Carbon Energy's Inventory Turnover for the quarter that ended in Jun. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2020 ) / Average Total Inventories (Q: Jun. 2020 )
=11.471 / 1.217
=9.43

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.

Carbon Energy's Inventory to Revenue for the quarter that ended in Jun. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2020 ) / Revenue (Q: Jun. 2020 )
=1.217 / 4.963
=0.25

* 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.


Carbon Energy Total Inventories Related Terms

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Carbon Energy (Carbon Energy) Business Description

Traded in Other Exchanges
N/A
Address
1700 Broadway, Suite 1170, Denver, CO, USA, 80290
Carbon Energy Corp is an independent natural gas and oil company engaged in the acquisition, exploration, development, and production of oil, natural gas and natural gas liquids properties located in the United States. The company operates in Kentucky, Ohio, Tennessee, Virginia, and West Virginia, California, Illinois, and Indiana.
Executives
Patrick R Mcdonald director, officer: CHIEF EXECUTIVE OFFICER CARBON NATURAL GAS COMPANY 1700 BROADWAY, SUITE #1170 DENVER CO 80290
Erich W. Kirsch officer: PFO and PAO 1700 BROADWAY SUITE 1170 DENVER CO 80290
Mark Duane Pierce officer: PRESIDENT 1700 BROADWAY, SUITE 1170 DENVER CO 80290
Kevin D Struzeski officer: CHIEF FINANCIAL OFFICER C/O CARBON ENERGY CORP 1700 BROADWAY STE. 1150 DENVER CO 80290
John A Bailey director 64 PERCH BAY WACCABUC NY 10597
Bryan H Lawrence director C/O CROSSTEX ENERGY HOLDINGS INC, 2501 CEDAR SPRINGS STE 600, DALLAS TX 75201
Peter A Leidel director
Edwin H Morgens director C/O MORGENS WATERFALL VINTIADIS & CO, 600 5TH AVE, NEW YORK NY 10020
David H Kennedy director 23 LAKESIDE AVE DARIEN CT 06820
James H Brandi director PO BOX 321, OKLAHOMA CITY OK 73101
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Yorktown Energy Partners Xi, L.p. 10 percent owner 410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Yorktown Xi Associates Llc 10 percent owner 410 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10022
Arbiter Partners Capital Management Llc 10 percent owner 530 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10036
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022

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