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. Permex Petroleum's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.00 Mil. Permex Petroleum's Revenue for the
three
months ended in Dec. 2023 was $0.05 Mil.
Permex Petroleum's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.
Permex Petroleum's Inventory-to-Revenue for the quarter that ended in Dec. 2023
stayed the same
from Sep. 2023 (0.00) to Sep. 2023 (0.00)
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Permex Petroleum's Days Inventory for the
three
months ended in Dec. 2023 was 0.00.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Permex Petroleum Inventory-to-Revenue Historical Data
The historical data trend for Permex Petroleum's Inventory-to-Revenue 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.
Competitive Comparison of Permex Petroleum's Inventory-to-Revenue
For the Oil & Gas E&P subindustry, Permex Petroleum's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Permex Petroleum's Inventory-to-Revenue Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Permex Petroleum's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Permex Petroleum's Inventory-to-Revenue falls into.
Permex Petroleum Inventory-to-Revenue Calculation
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.
Permex Petroleum's Inventory-to-Revenue for the fiscal year that ended in Sep. 2023 is calculated as
* 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.
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Permex Petroleum's Days Inventory for the
three
months ended in Dec. 2023 is calculated as:
* 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.
Permex Petroleum Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Permex Petroleum's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Permex Petroleum Corp is a junior oil and gas company with assets and operations across the Permian Basin of West Texas and the Delaware SubBasin of New Mexico. The company through its wholly-owned subsidiary, Permex Petroleum U.S. Corporation owns and operates on private, state, and federal land. The company has a single reportable segment i.e. acquisition, development, and production of oil and gas properties in the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
OILCF has been successfully added to your 