Razor Energy (Razor Energy) Inventory-to-Revenue : 0.02 (As of Sep. 2023)

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What is Razor Energy 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. Razor Energy's Average Total Inventories for the quarter that ended in Sep. 2023 was $0.42 Mil. Razor Energy's Revenue for the three months ended in Sep. 2023 was $18.80 Mil. Razor Energy's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.02.

Razor Energy's Inventory-to-Revenue for the quarter that ended in Sep. 2023 declined from Jun. 2023 (0.03) to Jun. 2023 (0.02)

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. Razor Energy's Days Inventory for the three months ended in Sep. 2023 was 6.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Razor Energy's Inventory Turnover for the quarter that ended in Sep. 2023 was 14.91.

Razor Energy Inventory-to-Revenue Historical Data

The historical data trend for Razor Energy'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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Razor Energy Inventory-to-Revenue Chart

Razor Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory-to-Revenue

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0.01

Razor Energy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.02	0.02	0.02	0.03	0.02

Competitive Comparison of Razor Energy's Inventory-to-Revenue

For the Oil & Gas E&P subindustry, Razor Energy'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.

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

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

* The bar in red indicates where Razor Energy's Inventory-to-Revenue falls into.

Razor Energy Inventory-to-Revenue Calculation

Razor Energy's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory-to-Revenue (A: Dec. 2022 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )
=	( (0.584	+	0.486)	/	2 )	/	111.495
=	0.535					/	111.495
=	0.00

Razor Energy's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

	Inventory-to-Revenue (Q: Sep. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Revenue (Q: Sep. 2023 )
=	( (0.433	+	0.4)	/	2 )	/	18.8
=	0.4165					/	18.8
=	0.02

Razor Energy (OTCPK:RZREF) 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.

Razor Energy's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0.4165	/	6.21	*	365 / 4
	=	6.12

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

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

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2023 )	/	Average Total Inventories (Q: Sep. 2023 )
	=	6.21	/	0.4165
	=	14.91

Razor Energy Inventory-to-Revenue Related Terms

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Razor Energy (Razor Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Razor Energy Corp (OTCPK:RZREF) » Definitions » Inventory-to-Revenue

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R9N:Germany RZE:Canada

Address

500-5th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 3L5

Website

https://www.razor-energy.com

Razor Energy Corp is a junior oil and gas development and production company. The company is focused on the acquisition and production of oil and gas properties in Alberta. It is involved in the production and development of light oil in Swan Hills Beaverhill Lake and Kaybob Triassic Montney formations.