Serica Energy (LSE:SQZ) Change In Inventory : £-1.0 Mil (TTM As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Serica Energy Change In Inventory?

Serica Energy's change in inventory for the quarter that ended in Dec. 2023 was £-0.8 Mil. It means Serica Energy's inventory increased by £0.8 Mil from Jun. 2023 to Dec. 2023 .

Serica Energy's change in inventory for the fiscal year that ended in Dec. 2023 was £-1.0 Mil. It means Serica Energy's inventory increased by £1.0 Mil from Dec. 2022 to Dec. 2023 .

Serica Energy's Total Inventories for the quarter that ended in Dec. 2023 was £10.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Serica Energy's Days Inventory for the quarter that ended in Dec. 2023 was 11.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Serica Energy's Inventory Turnover for the quarter that ended in Dec. 2023 was 16.31.

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. Serica Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Serica Energy Change In Inventory Historical Data

The historical data trend for Serica Energy'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.

* Premium members only.

Serica Energy Change In Inventory Chart

Serica Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-0.39

0.04

0.58

0.06

-0.98

Serica Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															0.91	-0.48	0.53	-0.13	-0.85

Serica Energy 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 £-1.0 Mil.

Serica Energy (LSE:SQZ) Change In Inventory Explanation

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

Serica Energy's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	10.1525	/	165.578	*	365 / 2
	=	11.19

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	165.578	/	10.1525
	=	16.31

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	10.1525	/	292.018
	=	0.03

Serica Energy Change In Inventory Related Terms

Thank you for viewing the detailed overview of Serica Energy's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Serica Energy (LSE:SQZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Serica Energy PLC (LSE:SQZ) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

SQZZF:USA SQZ.GB:UK A3P:Germany

Address

48 George Street, London, GBR, W1U 7DY

Website

https://www.serica-energy.com

Serica Energy PLC is an independent upstream oil and gas company with operations centered on the UK North Sea with a range of exploration and production assets. The company operates the Bruce, Keith, and Rhum fields in the UK Northern North Sea. It also operates the Columbus Field, Triton FPSO, and the Mansell field as well as holding an interest in the Erskine field in the Central North Sea.

Serica Energy (LSE:SQZ) Headlines

No Headlines