PrairieSky Royalty (TSX:PSK) Change In Inventory : C$0.0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is PrairieSky Royalty Change In Inventory?

PrairieSky Royalty's change in inventory for the quarter that ended in Mar. 2024 was C$0.0 Mil. It means PrairieSky Royalty's inventory stayed the same from Dec. 2023 to Mar. 2024 .

PrairieSky Royalty's change in inventory for the fiscal year that ended in Dec. 2023 was C$0.0 Mil. It means PrairieSky Royalty's inventory stayed the same from Dec. 2022 to Dec. 2023 .

PrairieSky Royalty's Total Inventories for the quarter that ended in Mar. 2024 was C$0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PrairieSky Royalty's Days Inventory for the quarter that ended in Mar. 2024 was 0.00.

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

PrairieSky Royalty Change In Inventory Historical Data

The historical data trend for PrairieSky Royalty'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.

* Premium members only.

PrairieSky Royalty Change In Inventory Chart

PrairieSky Royalty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

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

PrairieSky Royalty 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.0 Mil.

PrairieSky Royalty (TSX:PSK) Change In Inventory Explanation

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

PrairieSky Royalty'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	/	38.9	*	365 / 4
	=	0.00

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	38.9	/	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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	120.7
	=	0.00

PrairieSky Royalty Change In Inventory Related Terms

Thank you for viewing the detailed overview of PrairieSky Royalty's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

PrairieSky Royalty (TSX:PSK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PrairieSky Royalty Ltd (TSX:PSK) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

PREKF:USA 7PS:Germany

Address

350 - 7th Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 3N9

Website

https://www.prairiesky.com

PrairieSky Royalty Ltd is the owner of subsurface mineral rights on a variety of royalty properties in western Canada. The company encourages third parties to develop these properties, while also seeking additional petroleum and natural gas royalty assets. Once PrairieSky has given a third party the right to explore, develop, or produce on its properties, the company collects royalty revenue from the development of petroleum and natural gas. Property arrangements can be contracted as lease issuances, farmouts, drilling commitments, or seismic option agreements.

Executives

Leanne M. Bellegarde

Director