AVACF (Avance Gas Holding) Change In Inventory: $0.3 Mil (TTM As of Mar. 2025)

What is Avance Gas Holding Change In Inventory?

Avance Gas Holding AVACF Change In Inventory is $0.3 Mil as of Mar. 2025.

Avance Gas Holding's change in inventory for the quarter that ended in Mar. 2025 was $1.3 Mil. It means Avance Gas Holding's inventory declined by $1.3 Mil from Dec. 2024 to Mar. 2025 .

Avance Gas Holding's change in inventory for the fiscal year that ended in Dec. 2024 was $0.0 Mil. It means Avance Gas Holding's inventory stayed the same from Dec. 2023 to Dec. 2024 .

Avance Gas Holding's Total Inventories for the quarter that ended in Mar. 2025 was $0.0 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. Avance Gas Holding's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.00.

Avance Gas Holding (OTCPK:AVACF) Change In Inventory Explanation

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

Avance Gas Holding'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	/	-0.008	*	365 / 4
	=	N/A

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

Avance Gas Holding's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	-0.008	/	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.

Avance Gas Holding's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.114
	=	0.00

* 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.

Avance Gas Holding Change In Inventory Related Terms

Avance Gas Holding Change In Inventory Historical Data

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The historical data trend for Avance Gas Holding's Change In Inventory can be seen below:

Avance Gas Holding Change In Inventory Chart

Avance Gas Holding Annual Data

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Change In Inventory

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Avance Gas Holding Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Change In Inventory	Get a 7-Day Free Trial															18.12	-5.88	4.91	0.00	1.32

Avance Gas Holding 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.3 Mil.

Frequently Asked Questions Learn more about Change In Inventory →

What does a Change In Inventory of $0.3 Mil mean?

Avance Gas Holding (AVACF) has a Change In Inventory of $0.3 Mil as of Mar. 2025. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Avance Gas Holding and its competitors.

Is Avance Gas Holding's Change In Inventory too high?

Avance Gas Holding's current Change In Inventory is $0.3 Mil.

How does Avance Gas Holding's Change In Inventory compare to FOMI and WMB?

Avance Gas Holding's Change In Inventory of $0.3 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Change In Inventory for an Oil & Gas company?

A good Change In Inventory depends on the Oil & Gas industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Change In Inventory mean?

A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Avance Gas Holding and its competitors. Avance Gas Holding's current Change In Inventory is $0.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Avance Gas Holding stock overvalued right now?

Avance Gas Holding (AVACF) has a current Change In Inventory of $0.3 Mil. The current Change In Inventory is $0.3 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Change In Inventory calculated?

Change In Inventory is calculated from a company's financial statements. For Avance Gas Holding (AVACF), the current Change In Inventory is $0.3 Mil as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Avance Gas Holding Business Description

Industry Energy Oil & Gas

Comparable Companies FOMI TSX:ENB WMB EPD KMI ET TSX:TRP MPLX OKE LNG TRGP CQP VG TSX:PPL WES PAA SHSE:601872 DTM HKSE:01138 TSX:ALA

Address 14 Par-la-Ville Road, 4th floor, PO Box HM 1593, Par-la-Ville Place, Hamilton, BMU, HM 08

Website https://www.avancegas.com

Avance Gas Holding Ltd is engaged in the transportation of liquefied petroleum gas (LPG). It owns and operates very large gas carriers (VLGCs) providing transportation services to oil majors and traders of LPG. It operates a fleet of vessels providing customers with transportation services through the combination of the contract of affreightments and spot market voyages. The company transports liquefied petroleum to destinations in Europe, South America, India, and Asia, mainly loading from the Middle East Gulf and the United States Gulf/United States East Coast. The company operates in a single segment, which is liquefied petroleum gas.