Australis Oil & Gas (ASX:ATS) Inventory-to-Revenue : 0.10 (As of Dec. 2023)

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What is Australis Oil & Gas Inventory-to-Revenue?

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. Australis Oil & Gas's Average Total Inventories for the quarter that ended in Dec. 2023 was A$1.58 Mil. Australis Oil & Gas's Revenue for the six months ended in Dec. 2023 was A$16.47 Mil. Australis Oil & Gas's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.10.

Australis Oil & Gas's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.11) to Jun. 2023 (0.10)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Australis Oil & Gas's Days Inventory for the six months ended in Dec. 2023 was 29.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. Australis Oil & Gas's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.14.

Australis Oil & Gas Inventory-to-Revenue Historical Data

The historical data trend for Australis Oil & Gas's Inventory-to-Revenue 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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Australis Oil & Gas Inventory-to-Revenue Chart

Australis Oil & Gas Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.01

0.04

0.03

0.39

0.04

Australis Oil & Gas Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial										0.04	0.05	-	0.11	0.10

Competitive Comparison of Australis Oil & Gas's Inventory-to-Revenue

For the Oil & Gas E&P subindustry, Australis Oil & Gas's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.

Australis Oil & Gas's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Australis Oil & Gas's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Australis Oil & Gas's Inventory-to-Revenue falls into.

Australis Oil & Gas Inventory-to-Revenue Calculation

Australis Oil & Gas's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (0	+	1.445)	/	1 )	/	32.526
=	1.445					/	32.526
=	0.04

Australis Oil & Gas's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (1.716	+	1.445)	/	2 )	/	16.473
=	1.5805					/	16.473
=	0.10

Australis Oil & Gas (ASX:ATS) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

More Related Terms:

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

Australis Oil & Gas's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	1.5805	/	9.704	*	365 / 2
	=	29.72

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

Australis Oil & Gas's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	9.704	/	1.5805
	=	6.14

Australis Oil & Gas Inventory-to-Revenue Related Terms

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Australis Oil & Gas (ASX:ATS) Business Description

Industry

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Traded in Other Exchanges

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Address

215 Hay Street, Ground Floor, Subiaco, WA, AUS, 6008

Website

https://www.australisoil.com

Australis Oil & Gas Ltd engages in oil and gas exploration, development, and production activities. The company operates through Oil & Gas Production, Exploration, and Other segments. The Oil & Gas Production segment earns the majority of revenue.