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Tuscany Energy (Tuscany Energy) Total Inventories : $0.00 Mil (As of Mar. 2016)


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What is Tuscany Energy Total Inventories?

Tuscany Energy's total inventories for the quarter that ended in Mar. 2016 was $0.00 Mil. Tuscany Energy's average total inventories from the quarter that ended in Dec. 2015 to the quarter that ended in Mar. 2016 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tuscany Energy's Net-Net Working Capital per share for the quarter that ended in Mar. 2016 was $-0.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tuscany Energy's Days Inventory for the three months ended in Mar. 2016 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. Tuscany Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2016 was 0.00.


Tuscany Energy Total Inventories Historical Data

The historical data trend for Tuscany 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.

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Tuscany Energy Total Inventories Chart

Tuscany Energy Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Total Inventories
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Tuscany Energy Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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Tuscany 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.


Tuscany Energy  (OTCPK:TSCAF) 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.

Tuscany Energy's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2016 is

Net-Net Working Capital Per Share (Q: Mar. 2016 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.009+0.75 * 0.594+0.5 * 0-12.147
-0-0)/50.6369
=-0.23

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

Tuscany Energy's Days Inventory for the three months ended in Mar. 2016 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2016 )/Cost of Goods Sold (Q: Mar. 2016 )*Days in Period
=0/0.766*365 / 4
=0.00

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

Tuscany Energy's Inventory Turnover for the quarter that ended in Mar. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2016 ) / Average Total Inventories (Q: Mar. 2016 )
=0.766 / 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.

Tuscany Energy's Inventory to Revenue for the quarter that ended in Mar. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2016 ) / Revenue (Q: Mar. 2016 )
=0 / 0.706
=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.


Tuscany Energy Total Inventories Related Terms

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Tuscany Energy (Tuscany Energy) Business Description

Traded in Other Exchanges
N/A
Address
1800, 633 – 6th Avenue South West, Calgary, AB, CAN, T2P 2Y5
Tuscany Energy Ltd is a heavy oil development and production company with reserves, land holdings and production in Canada. Its is engaged in the exploitation of oil resources in Alberta and Saskatchewan through horizontal drilling.

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