PDC Energy (PDC Energy) Inventory Turnover : 0.00 (As of Jun. 2023)

View and export this data going back to 1990. Start your Free Trial

What is PDC Energy 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. PDC Energy's Cost of Goods Sold for the three months ended in Jun. 2023 was $407 Mil. PDC Energy's Average Total Inventories for the quarter that ended in Jun. 2023 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PDC Energy's Days Inventory for the three months ended in Jun. 2023 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. PDC Energy's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.00.

PDC Energy Inventory Turnover Historical Data

The historical data trend for PDC Energy'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.

* Premium members only.

PDC Energy Inventory Turnover Chart

PDC Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

Get a 7-Day Free Trial

PDC Energy Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

PDC Energy Inventory Turnover Calculation

PDC Energy's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	1448.998	/ (	(0	+	0)	/	1 )
=	1448.998	/	0
=	N/A

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

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	406.973	/ (	(0	+	0)	/	1 )
=	406.973	/	0
=	N/A

PDC Energy (NAS:PDCE) 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.

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

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	0	/	406.973	*	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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	0	/	871.808
	=	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.

PDC Energy Inventory Turnover Related Terms

Thank you for viewing the detailed overview of PDC Energy's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

PDC Energy (PDC Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PDC Energy Inc (NAS:PDCE) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1775 Sherman Street, Suite 3000, Denver, CO, USA, 80203

Website

http://www.pdce.com

PDC Energy Inc is a domestic independent exploration and production company that acquires, explores and develops properties for the production of crude oil, natural gas and NGLs, with operations in the Wattenberg Field in Colorado and the Delaware Basin in west Texas. Company's operations in the Wattenberg Field are focused in the horizontal Niobrara and Codell plays and Delaware Basin operations are focused in the horizontal Wolfcamp zones.

Executives

Sandra E. Jacoby	officer: SVP, Corporate Administration	1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203
Pamela R Butcher	director	P. O. BOX 116, ELK RAPIDS MI 49629
Carlos A. Sabater	director	1140 ALFONSO AVENUE, CORAL GABLES FL 33146
Diana L Sands	director	100 N RIVERSIDE PLAZA, M/C 5003-1001, CHICAGO IL 60606
Troy M. Welling	officer: SVP, Operations	1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203
Lynn A Peterson	director	1625 BROADWAY, SUITE 250, DENVER CO 80202
Paul Korus	director	C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Nicole L Martinet	officer: SVP, General Counsel & Sec.	1775 SHERMAN ST, STE 3000, DENVER CO 80203
David Lillo	officer: SVP, Operations	C/O BONANZA CREEK ENERGY, INC., 410 17TH STREET, SUITE 1400, DENVER CO 80202
R Scott Meyers	officer: CAO	120 GENESIS BLVD., BRIDGEPORT WV 26330
Brookman Barton R Jr	officer: Sr. VP Exploratio & Production	1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203
Lance Lauck	officer: Sr. VP, Corp Development	1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203
David C Parke	director	C/O PETROLEUM DEVELOPMENT CORP, 1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203
Anthony J Crisafio	director	1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203
Jeffrey C Swoveland	director	C/O PETROLEUM DEVELOPMENT CORP, 1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203