Petrobras Argentina (Petrobras Argentina) Inventory Turnover : 0.00 (As of Dec. 2017)

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What is Petrobras Argentina 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. Petrobras Argentina's Cost of Goods Sold for the three months ended in Dec. 2017 was $0.0 Mil. Petrobras Argentina's Average Total Inventories for the quarter that ended in Dec. 2017 was $159.9 Mil. Petrobras Argentina's Inventory Turnover for the quarter that ended in Dec. 2017 was 0.00.

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

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.

Petrobras Argentina Inventory Turnover Historical Data

The historical data trend for Petrobras Argentina'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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Petrobras Argentina Inventory Turnover Chart

Petrobras Argentina Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Inventory Turnover

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8.57

3.19

4.45

11.47

11.28

Petrobras Argentina Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Jun14	Sep14	Dec14	Jun15	Sep15	Dec15	Jun16	Sep16	Dec16	Dec17
Inventory Turnover	Get a 7-Day Free Trial															-2.39	3.42	1.93	1.66	-

Petrobras Argentina Inventory Turnover Calculation

Petrobras Argentina's Inventory Turnover for the fiscal year that ended in Dec. 2017 is calculated as

	Inventory Turnover (A: Dec. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2017 )	/ (	(Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )
=	1802.933	/ (	(205.457	+	114.323)	/	2 )
=	1802.933	/	159.89
=	11.28

Petrobras Argentina's Inventory Turnover for the quarter that ended in Dec. 2017 is calculated as

	Inventory Turnover (Q: Dec. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2017 )	/ (	(Total Inventories (Q: Dec. 2016 )	+	Total Inventories (Q: Dec. 2017 ))	/	count )
=	0	/ (	(205.457	+	114.323)	/	2 )
=	0	/	159.89
=	0.00

Petrobras Argentina (NYSE:PZE) 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.

Petrobras Argentina's Days Inventory for the three months ended in Dec. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2017 )	/	Cost of Goods Sold (Q: Dec. 2017 )	*	Days in Period
	=	159.89	/	0	*	365 / 4
	=

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.

Petrobras Argentina's Inventory to Revenue for the quarter that ended in Dec. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2017 )	/	Revenue (Q: Dec. 2017 )
	=	159.89	/	0
	=

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.

Petrobras Argentina Inventory Turnover Related Terms

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Petrobras Argentina (Petrobras Argentina) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrobras Argentina SA (NYSE:PZE) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maipu 1, Buenos Aires, ARG, C1084ABA

Website

http://www.pampaenergia.com

Petrobras Argentina SA engages in oil and gas exploration and production, refining and distribution, petrochemical manufacturing and gas and energy activities in Latin America.