OMV Petrom (LTS:0MA6) Change In Inventory : lei116 Mil (TTM As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is OMV Petrom Change In Inventory?

OMV Petrom's change in inventory for the quarter that ended in Mar. 2024 was lei-369 Mil. It means OMV Petrom's inventory increased by lei369 Mil from Dec. 2023 to Mar. 2024 .

OMV Petrom's change in inventory for the fiscal year that ended in Dec. 2023 was lei669 Mil. It means OMV Petrom's inventory declined by lei669 Mil from Dec. 2022 to Dec. 2023 .

OMV Petrom's Total Inventories for the quarter that ended in Mar. 2024 was lei3,462 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. OMV Petrom's Days Inventory for the quarter that ended in Mar. 2024 was 47.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. OMV Petrom's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.93.

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. OMV Petrom's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.39.

OMV Petrom Change In Inventory Historical Data

The historical data trend for OMV Petrom'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.

OMV Petrom Change In Inventory Chart

OMV Petrom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-326.56

297.09

-212.60

-1,555.19

669.06

OMV Petrom Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															183.97	119.57	-40.80	406.32	-368.99

OMV Petrom 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was lei116 Mil.

OMV Petrom (LTS:0MA6) Change In Inventory Explanation

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

OMV Petrom's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3294.005	/	6346.3	*	365 / 4
	=	47.36

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

OMV Petrom's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6346.3	/	3294.005
	=	1.93

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.

OMV Petrom's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3294.005	/	8544
	=	0.39

OMV Petrom Change In Inventory Related Terms

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

OMV Petrom (LTS:0MA6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » OMV Petrom SA (LTS:0MA6) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

SNP:Romania

Address

22 Coralilor Street, District 1, Bucharest, ROU, 013329

Website

https://www.omvpetrom.com

OMV Petrom SA is an integrated oil and gas company operating in Romania. The company has three segments. The exploration & Production segment consists of the exploration, development, & production of crude oil, & natural gas. The refining & Marketing segment produces & delivers gasoline, diesel & other petroleum products to its customers, while through filling stations networks offers also a variety of services & non-oil business (NOB) goods. The gas business unit, part of the Gas & Power segment, has the objective to focus on gas sales, & becoming a regional player. Business division Power, part of the Gas & Power segment, mainly extends the gas value chain into a gas-fired power plant. The majority is from Refining & marketing segment. Geographically, key revenue is from Romania.

OMV Petrom (LTS:0MA6) Headlines

No Headlines