New World Oil & Gas (New World Oil & Gas) Change In Inventory : $0.00 Mil (TTM As of Jun. 2016)

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What is New World Oil & Gas Change In Inventory?

New World Oil & Gas's change in inventory for the quarter that ended in Jun. 2016 was $0.00 Mil. It means New World Oil & Gas's inventory stayed the same from Dec. 2015 to Jun. 2016 .

New World Oil & Gas's change in inventory for the fiscal year that ended in Dec. 2015 was $0.05 Mil. It means New World Oil & Gas's inventory declined by $0.05 Mil from Dec. 2014 to Dec. 2015 .

New World Oil & Gas's Total Inventories for the quarter that ended in Jun. 2016 was $0.00 Mil.

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

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

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.

New World Oil & Gas Change In Inventory Historical Data

The historical data trend for New World Oil & Gas's Change In Inventory 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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New World Oil & Gas Change In Inventory Chart

New World Oil & Gas Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Change In Inventory

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-0.46

0.37

0.04

0.05

New World Oil & Gas Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16
Change In Inventory	Get a 7-Day Free Trial					0.02	0.02	0.05	-	-

New World Oil & Gas Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2016 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 Mil.

New World Oil & Gas (OTCPK:NOILF) Change In Inventory Explanation

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

New World Oil & Gas's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0	*	365 / 2
	=	N/A

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

New World Oil & Gas's Inventory Turnover for the quarter that ended in Jun. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

3. 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.

New World Oil & Gas's Inventory to Revenue for the quarter that ended in Jun. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=	N/A

New World Oil & Gas Change In Inventory Related Terms

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New World Oil & Gas (New World Oil & Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » New World Oil & Gas PLC (OTCPK:NOILF) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Ogier House, 44 Esplanade, St Helier, JEY, JE4 9WG

Website

http://www.nwoilgas.com

New World Oil & Gas PLC is an oil and gas exploration company. The company is engaged in acquiring a diverse portfolio of direct and indirect interests in exploration, development, and production of oil and gas assets that are based in the Americas, Europe and in other areas.

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