Pharos Energy (Pharos Energy) Change In Inventory : $3.9 Mil (TTM As of Dec. 2023)

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What is Pharos Energy Change In Inventory?

Pharos Energy's change in inventory for the quarter that ended in Dec. 2023 was $2.8 Mil. It means Pharos Energy's inventory declined by $2.8 Mil from Jun. 2023 to Dec. 2023 .

Pharos Energy's change in inventory for the fiscal year that ended in Dec. 2023 was $3.9 Mil. It means Pharos Energy's inventory declined by $3.9 Mil from Dec. 2022 to Dec. 2023 .

Pharos Energy's Total Inventories for the quarter that ended in Dec. 2023 was $3.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pharos Energy's Days Inventory for the quarter that ended in Dec. 2023 was 16.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pharos Energy's Inventory Turnover for the quarter that ended in Dec. 2023 was 11.28.

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. Pharos Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.

Pharos Energy Change In Inventory Historical Data

The historical data trend for Pharos 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.

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Pharos Energy Change In Inventory Chart

Pharos Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.50

-1.50

0.80

-0.90

3.90

Pharos 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															2.30	-4.40	3.50	1.10	2.80

Pharos 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 $3.9 Mil.

Pharos Energy (OTCPK:SOCLF) Change In Inventory Explanation

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

Pharos 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
	=	4.7	/	53	*	365 / 2
	=	16.18

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	53	/	4.7
	=	11.28

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.7	/	81.7
	=	0.06

Pharos Energy Change In Inventory Related Terms

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Pharos Energy (Pharos Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pharos Energy PLC (OTCPK:SOCLF) » Definitions » Change In Inventory

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PHARl:UK PHAR:UK

Address

27/28 Eastcastle Street, Eastcastle House, London, GBR, W1W 8DH

Website

https://www.pharos.energy

Pharos Energy PLC is an independent oil and gas exploration and production company. All of the company's oil and gas revenue is derived from foreign countries which are Vietnam, China and Egypt. The majority of oil and gas revenue is earned in Vietnam.

Pharos Energy (Pharos Energy) Headlines

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