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Criterium Energy (TSXV:CEQ) Inventory-to-Revenue : 0.24 (As of Mar. 2024)


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What is Criterium 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. Criterium Energy's Average Total Inventories for the quarter that ended in Mar. 2024 was C$1.94 Mil. Criterium Energy's Revenue for the three months ended in Mar. 2024 was C$8.18 Mil. Criterium Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.24.

Criterium Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.00) to Dec. 2023 (0.24)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Criterium Energy's Days Inventory for the three months ended in Mar. 2024 was 44.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. Criterium Energy's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.06.


Criterium Energy Inventory-to-Revenue Historical Data

The historical data trend for Criterium 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.

* Premium members only.

Criterium Energy Inventory-to-Revenue Chart

Criterium Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
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Criterium Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.24

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

For the Oil & Gas E&P subindustry, Criterium 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.


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

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

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



Criterium Energy Inventory-to-Revenue Calculation

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.

Criterium Energy'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 + 0) / 1 ) / 0.106
=0 / 0.106
=0.00

Criterium Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (0 + 1.942) / 1 ) / 8.178
=1.942 / 8.178
=0.24

* 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.


Criterium Energy  (TSXV:CEQ) 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:

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.

More Related Terms:

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

Criterium Energy's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=1.942/4.005*365 / 4
=44.25

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

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

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=4.005 / 1.942
=2.06

* 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.


Criterium Energy Inventory-to-Revenue Related Terms

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Criterium Energy (TSXV:CEQ) Business Description

Traded in Other Exchanges
N/A
Address
202 - 6 Avenue SW, Bow Valley Square Tower 1?, Suite 1120, Calgary, AB, CAN, T2P 2R9
Criterium Energy Ltd is engaged in the acquisition of assets for the exploration, development, and production of oil and natural gas. The group is engaged in the sustainable development of assets in South East Asia by evolving its portfolio to produce traditional and emerging energy sources. The company's major operations are located in Indonesia and Canada. It has two operating segments, one being the acquisition, exploration and development of oil and gas properties in Indonesia and the second being oil and gas royalties from properties in Canada.
Executives
David Bruce Dunlop Director

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