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White River Energy (White River Energy) Total Inventories : $0.00 Mil (As of Dec. 2023)


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What is White River Energy Total Inventories?

White River Energy's total inventories for the quarter that ended in Dec. 2023 was $0.00 Mil. White River Energy's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $0.01 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. White River Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.24.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. White River Energy's Inventory Turnover for the quarter that ended in Dec. 2023 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. White River Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.73.


White River Energy Total Inventories Historical Data

The historical data trend for White River 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.

White River Energy Total Inventories Chart

White River Energy Annual Data
Trend Mar22 Mar23
Total Inventories
0.11 0.02

White River Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.02 0.02 0.02 -

White River 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.


White River Energy  (OTCPK:WTRV) 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.

White River Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.553+0.75 * 0.074+0.5 * 0.004-12.386
-0-5.014)/45.586
=-0.24

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

White River Energy's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0.0095/0*365 / 4
=

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

White River Energy's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=0 / 0.0095
=0.00

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.

White River Energy's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0.0095 / 0.013
=0.73

* 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.


White River Energy Total Inventories Related Terms

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White River Energy (White River Energy) Business Description

Traded in Other Exchanges
N/A
Address
609 W. Dickson Street, Suite 102 G, Fayetteville, AR, USA, 72701
White River Energy Corp is engaged in oil and gas exploration, production and drilling operations. The company operates over 30,000 cumulative acres of active oil and gas mineral leases in Louisiana and Mississippi.

White River Energy (White River Energy) Headlines

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