Spartan Delta (FRA:4YJ0) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Spartan Delta Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Spartan Delta's Cost of Goods Sold for the three months ended in Mar. 2024 was €25.0 Mil. Spartan Delta's Average Total Inventories for the quarter that ended in Mar. 2024 was €0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Spartan Delta's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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. Spartan Delta's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Spartan Delta Inventory Turnover Historical Data

The historical data trend for Spartan Delta's Inventory Turnover 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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Spartan Delta Inventory Turnover Chart

Spartan Delta Annual Data

Trend

Dec14

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Dec23

Inventory Turnover

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Spartan Delta Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Spartan Delta Inventory Turnover Calculation

Spartan Delta's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	149.161	/ (	(0	+	0)	/	1 )
=	149.161	/	0
=	N/A

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

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	25.018	/ (	(0	+	0)	/	1 )
=	25.018	/	0
=	N/A

Spartan Delta (FRA:4YJ0) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Spartan Delta'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
	=	0	/	25.018	*	365 / 4
	=	0.00

2. 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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0	/	58.254
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Spartan Delta Inventory Turnover Related Terms

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Spartan Delta (FRA:4YJ0) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Spartan Delta Corp (FRA:4YJ0) » Definitions » Inventory Turnover

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DALXF:USA SDE:Canada

Address

308 - 4th Avenue SW, Suite 1500, Calgary, AB, CAN, T2P 0H7

Website

https://www.spartandeltacorp.com

Spartan Delta Corp is an oil and gas exploration and production company. It is engaged in the exploration, development, and production of petroleum and natural gas properties in Alberta. It operates and focuses its activities on Peace River Arch and Central Alberta.

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