Virtus Oil & Gas (Virtus Oil & Gas) Change In Inventory : $0.00 Mil (TTM As of Feb. 2016)

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What is Virtus Oil & Gas Change In Inventory?

Virtus Oil & Gas's change in inventory for the quarter that ended in Feb. 2016 was $0.00 Mil. It means Virtus Oil & Gas's inventory stayed the same from Nov. 2015 to Feb. 2016 .

Virtus Oil & Gas's change in inventory for the fiscal year that ended in Nov. 2015 was $0.00 Mil. It means Virtus Oil & Gas's inventory stayed the same from Nov. 2014 to Nov. 2015 .

Virtus Oil & Gas's Total Inventories for the quarter that ended in Feb. 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.

Virtus Oil & Gas Change In Inventory Historical Data

The historical data trend for Virtus 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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Virtus Oil & Gas Change In Inventory Chart

Virtus Oil & Gas Annual Data

Trend

Nov10

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Change In Inventory

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Virtus Oil & Gas Quarterly Data
	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Virtus 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 Feb. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Virtus Oil & Gas (GREY:VOIL) Change In Inventory Explanation

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

Virtus 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 / 4
	=	N/A

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

Virtus Oil & Gas's Inventory Turnover for the quarter that ended in Feb. 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.

Virtus Oil & Gas's Inventory to Revenue for the quarter that ended in Feb. 2016 is calculated as

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

Virtus Oil & Gas Change In Inventory Related Terms

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Virtus Oil & Gas (Virtus Oil & Gas) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Virtus Oil & Gas Corp (GREY:VOIL) » Definitions » Change In Inventory

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Address

1517 San Jacinto Street, Houston, TX, USA, 77002

Website

https://www.virtusoil.com

Virtus Oil & Gas Corp is an oil and gas exploration and development company. It is focused on the acquisition and exploration of oil and natural gas properties. The company operates Tin Cup Mesa Unit and Squaw Canyon, which are located in the Paradox Basin producing in the Upper Ismay formation. Its properties are located at in Iron County in southern Utah of the United States.

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