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Talos Energy (Talos Energy) Total Inventories : $0 Mil (As of Mar. 2024)


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What is Talos Energy Total Inventories?

Talos Energy's total inventories for the quarter that ended in Mar. 2024 was $0 Mil. Talos Energy's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Talos Energy's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-18.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Talos Energy's Days Inventory for the three months ended in Mar. 2024 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. Talos Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.


Talos Energy Total Inventories Historical Data

The historical data trend for Talos 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.

Talos Energy Total Inventories Chart

Talos Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
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Talos Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Talos 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.


Talos Energy  (NYSE:TALO) 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.

Talos Energy's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(21.001+0.75 * 248.892+0.5 * 0-3682.199
-0-0)/183.907
=-18.89

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

Talos Energy's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=0/351.386*365 / 4
=0.00

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

Talos Energy's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=351.386 / 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.

Talos Energy's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0 / 429.932
=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.


Talos Energy Total Inventories Related Terms

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Talos Energy (Talos Energy) Business Description

Traded in Other Exchanges
Address
333 Clay Street, Suite 3300, Houston, TX, USA, 77002
Talos Energy Inc is an independent oil and gas company primarily involved in offshore exploration and production. The company has operations in the United States, the Gulf of Mexico, and offshore Mexico. The revenue is generated from the sale of oil, natural gas, and NGL quantities sold to purchasers.
Executives
Control Empresarial De Capitales S.a. De C.v. 10 percent owner, other: Add'l Rep. Persons-see Ex.99-1 INSURGENTES SUR #3500, PB, COL. PENA POBRE, DELEGACION TLALPAN, CP, MEXICO D.F. O5 14060
Maiworm Sergio L. Jr. officer: See Remarks 333 CLAY STREET, SUITE 3300, HOUSTON TX 77002
Bcc Enven Investments (s), L.p. 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Credit Member, Llc 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Distressed & Special Situations 2013 (aiv I), L.p. 10 percent owner C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON ST., BOSTON MA 02116
Bain Capital Distressed & Special Situations 2016 (f), L.p. 10 percent owner C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Credit, Lp 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Distressed & Special Situations 2013 (b), L.p. 10 percent owner C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Credit Managed Account (psers), L.p. 10 percent owner C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON ST., BOSTON MA 02116
Bain Capital Credit Managed Account (e), L.p. 10 percent owner C/O BAIN CAPITAL CREDIT, LP, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Distressed & Special Situations 2016 (a), L.p. 10 percent owner C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Sankaty Credit Opportunities Iv Lp 10 percent owner C/O SANKATY ADVISORS LLC, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Richard Sherrill director 333 CLAY STREET, SUITE 3300, HOUSTON TX 77002
Shandell Szabo director 333 CLAY STREET, SUITE 3300, HOUSTON TX 77002
Bcc Enven Investments (2013), L.p. 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116