Global Petroleum (FRA:GLK) Change In Inventory : €0.00 Mil (TTM As of Dec. 2023)

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What is Global Petroleum Change In Inventory?

Global Petroleum's change in inventory for the quarter that ended in Dec. 2023 was €0.00 Mil. It means Global Petroleum's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Global Petroleum's change in inventory for the fiscal year that ended in Jun. 2022 was €0.00 Mil. It means Global Petroleum's inventory stayed the same from Jun. 2021 to Jun. 2022 .

Global Petroleum's Total Inventories for the quarter that ended in Dec. 2023 was €0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Global Petroleum's Days Inventory for the quarter that ended in Dec. 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.

Global Petroleum Change In Inventory Historical Data

The historical data trend for Global Petroleum's Change In 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.

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Global Petroleum Change In Inventory Chart

Global Petroleum Annual Data

Trend

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Change In Inventory

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Global Petroleum Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Global Petroleum Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.00 Mil.

Global Petroleum (FRA:GLK) Change In Inventory Explanation

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

Global Petroleum's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0.009	*	365 / 2
	=	0.00

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

Global Petroleum's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.009	/	0
	=	N/A

3. 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.

Global Petroleum's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=	N/A

Global Petroleum Change In Inventory Related Terms

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Global Petroleum (FRA:GLK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Global Petroleum Ltd (FRA:GLK) » Definitions » Change In Inventory

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Traded in Other Exchanges

GBP:UK

Address

C/- DW Accounting & Advisory Pty Ltd, 91 William Street, Level 4, Melbourne, VIC, AUS, 3000

Website

https://www.globalpetroleum.com.au

Global Petroleum Ltd is an Australia-based oil and gas, upstream exploration company. The principal activities of the company include exploration, development, and production of oil and gas properties. The company's principal assets are two exploration blocks located offshore Namibia. The company mainly focuses on Africa and the Mediterranean. It holds interests in petroleum exploration license number 29, covering offshore blocks 1910B and 2010A in the Walvis Basin, Namibia.

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