Callon Petroleum Co (Callon Petroleum Co) Days Inventory : 0.00 (As of Dec. 2023)

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What is Callon Petroleum Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Callon Petroleum Co's Average Total Inventories for the three months ended in Dec. 2023 was $0 Mil. Callon Petroleum Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $388 Mil. Hence, Callon Petroleum Co's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Callon Petroleum Co's Days Inventory or its related term are showing as below:

CPE's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 31.41
* Ranked among companies with meaningful Days Inventory only.

Callon Petroleum Co's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (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. Callon Petroleum Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Callon Petroleum Co Days Inventory Historical Data

The historical data trend for Callon Petroleum Co's Days Inventory 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.

Callon Petroleum Co Days Inventory Chart

Callon Petroleum Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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Callon Petroleum Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Callon Petroleum Co's Days Inventory

For the Oil & Gas E&P subindustry, Callon Petroleum Co's Days Inventory, along with its competitors' market caps and Days Inventory 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.

Callon Petroleum Co's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Callon Petroleum Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Callon Petroleum Co's Days Inventory falls into.

Callon Petroleum Co Days Inventory Calculation

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

Callon Petroleum Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1459.999	*	365
=	0					/	1459.999	*	365
=	0.00

Callon Petroleum Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	388.137	*	365 / 4
=	0					/	388.137	*	365 / 4
=	0.00

Callon Petroleum Co (NYSE:CPE) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Callon Petroleum Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	388.137	/	0
	=

2. 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.

Callon Petroleum Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	601.357
	=	0.00

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Callon Petroleum Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Callon Petroleum Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Callon Petroleum Co (Callon Petroleum Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Callon Petroleum Co (NYSE:CPE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CPE:Mexico CE51:Germany CE51:Germany

Address

2000 W. Sam Houston Parkway South, Suite 2000, One Briarlake Plaza, Houston, TX, USA, 77042

Website

https://www.callon.com

Callon Petroleum Company engages in the exploration, development, acquisition, and production of oil and natural gas. Activities are primarily conducted in the Permian Basin region of West Texas and southeastern New Mexico. Callon relies heavily on the latest horizontal production techniques to extract hydrocarbon products from its assets, with crude oil accounting for over half of production. Historically, a handful of marketing and trading companies have accounted for the majority of the sales for Callon's oil and gas production. Assets are acquired through the drilling of emerging zones on existing acreage but also by acquiring additional locations through leasehold purchases, leasing programs, joint ventures, and asset swaps.

Executives

Russell E. Parker	officer: Senior VP and COO	1001 LOUISIANA STREET, HOUSTON TX 77002
Steven A Webster	director	500 DALLAS STREET, SUITE 2300, HOUSTON TX 77002
James E Craddock	director	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Kimmeridge Energy Management Company, Llc	10 percent owner	15 LITTLE WEST 12TH STREET, 5TH FLOOR, NEW YORK NY 10014
Blackstone Holdings Iii L.p.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bpp Holdco Llc	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Primexx Energy Partners, Ltd	10 percent owner	4849 GREENVILLE AVENUE, SUITE 1600, DALLAS TX 75206
Bpp Energy Partners Llc	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Mary Shafer-malicki	director	757 N. ELDRIDGE PARKWAY, HOUSTON TX 77079
Johnson S P Iv	director	10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391
Bcp Vii/bep Ii Holdings Manager L.l.c.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bma Vii L.l.c.	10 percent owner	C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
Blackstone Ema Ii L.l.c.	10 percent owner	C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
Blackstone Energy Management Associates Ii L.l.c.	10 percent owner	C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
Blackstone Management Associates Vii L.l.c.	10 percent owner	C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154