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Daybreak Oil & Gas (Daybreak Oil & Gas) Total Inventories : $0.00 Mil (As of Feb. 2023)


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What is Daybreak Oil & Gas Total Inventories?

Daybreak Oil & Gas's total inventories for the quarter that ended in Feb. 2023 was $0.00 Mil. Daybreak Oil & Gas's average total inventories from the quarter that ended in Nov. 2022 to the quarter that ended in Feb. 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. Daybreak Oil & Gas's Net-Net Working Capital per share for the quarter that ended in Feb. 2023 was $-0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Daybreak Oil & Gas's Days Inventory for the three months ended in Feb. 2023 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. Daybreak Oil & Gas's Inventory-to-Revenue for the quarter that ended in Feb. 2023 was 0.00.


Daybreak Oil & Gas Total Inventories Historical Data

The historical data trend for Daybreak Oil & Gas'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.

Daybreak Oil & Gas Total Inventories Chart

Daybreak Oil & Gas Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Total Inventories
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Daybreak Oil & Gas Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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Daybreak Oil & Gas 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.


Daybreak Oil & Gas  (OTCPK:DBRM) 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.

Daybreak Oil & Gas's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2023 is

Net-Net Working Capital Per Share (Q: Feb. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.299+0.75 * 0.485+0.5 * 0-4.505
-0-0)/384.735
=-0.01

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

Daybreak Oil & Gas's Days Inventory for the three months ended in Feb. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Feb. 2023 )/Cost of Goods Sold (Q: Feb. 2023 )*Days in Period
=0/0.652*365 / 4
=0.00

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

Daybreak Oil & Gas's Inventory Turnover for the quarter that ended in Feb. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2023 ) / Average Total Inventories (Q: Feb. 2023 )
=0.652 / 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.

Daybreak Oil & Gas's Inventory to Revenue for the quarter that ended in Feb. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2023 ) / Revenue (Q: Feb. 2023 )
=0 / 0.359
=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.


Daybreak Oil & Gas Total Inventories Related Terms

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Daybreak Oil & Gas (Daybreak Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
1101 North Argonne Road, Suite A 211, Spokane Valley, WA, USA, 99212
Daybreak Oil & Gas Inc is a United States-based independent oil and natural gas company engaged in the exploration, development, and production of crude oil and natural gas. It is developing its shallow oil reserves, where it owns a 3-D seismic survey under lease in Kern County, California, and Michigan. The company's operational projects include the East Slopes Project and the Michigan Basin Project.
Executives
Gaelic Resources Ltd 10 percent owner 14 ALBERT STREET, DOUGLAS Y8 IM1 2QA
Darren Williams director 9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311
James F Westmoreland director, 10 percent owner, officer: President & CEO 1101 N. ARGONNE ROAD, SUITE A 211, SPOKANE VALLEY WA 99212
James F. Meara director C/O 601 W. MAIN AVENUE, SUITE 1012, SPOKANE WA 99201
Timothy R Lindsey director 1101 N. ARGONNE ROAD, SUITE A211, SPOKANE VALLEY WA 99212
Maximilian Investors Llc 10 percent owner 152 WEST 57TH STREET, 54TH FLOOR, NEW YORK NY 10019
Wayne G Dotson director 601 W. MAIN AVE., SUITE 1012, SPOKANE WA 99201
Karol Lynn Adams officer: Corporate Secretary DAYBREAK OIL AND GAS, INC., 601 WEST MAIN AVE., SUITE 1012, SPOKANE WA 99201
Anna Moe other: Spouse of director 8305 NORTH COLTON PLACE, SPOKANE WA 99208
Keith Hooper 10 percent owner 1529 WEST ADAMS STREET, CHICAGO IL 60607
Benjamin Wade Anderson officer: Chief Operating Officer 1023 E 760 S, OREM UT 84097
Eric Moe officer: Chief Executive Officer 8305 NORTH COLTON PLACE, SPOKANE WA 99208
Robert N Martin director, officer: President 621 B 37 STREET SW, CALGARY A0 T3C 1R8
Jeffrey Robert Dworkin director, officer: Secretary 320 1001 13 AVENUE SW, CALGARY A0 T2R 0L5
Curtis Michael Charles Peter director 161 DES CEDRES, ST. EUSTACHE A8 J6R 4V7

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