CWC Energy Services (CWC Energy Services) Change In Inventory : $0.0 Mil (TTM As of Jun. 2023)

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What is CWC Energy Services Change In Inventory?

CWC Energy Services's change in inventory for the quarter that ended in Jun. 2023 was $0.0 Mil. It means CWC Energy Services's inventory stayed the same from Mar. 2023 to Jun. 2023 .

CWC Energy Services's change in inventory for the fiscal year that ended in Dec. 2022 was $0.0 Mil. It means CWC Energy Services's inventory stayed the same from Dec. 2021 to Dec. 2022 .

CWC Energy Services's Total Inventories for the quarter that ended in Jun. 2023 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CWC Energy Services's Days Inventory for the quarter that ended in Jun. 2023 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. CWC Energy Services's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.00.

CWC Energy Services Change In Inventory Historical Data

The historical data trend for CWC Energy Services'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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CWC Energy Services Change In Inventory Chart

CWC Energy Services Annual Data

Trend

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Change In Inventory

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CWC Energy Services Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

CWC Energy Services 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

CWC Energy Services (OTCPK:CAWLF) Change In Inventory Explanation

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

CWC Energy Services'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	/	22.748	*	365 / 4
	=	0.00

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

CWC Energy Services's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22.748	/	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.

CWC Energy Services's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	25.948
	=	0.00

CWC Energy Services Change In Inventory Related Terms

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CWC Energy Services (CWC Energy Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CWC Energy Services Corp (OTCPK:CAWLF) » Definitions » Change In Inventory

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Address

605 – 5th Avenue South West, Suite 2910, Calgary, AB, CAN, T2P 3H5

Website

https://www.cwcenergyservices.com

CWC Energy Services Corp is an oilfield services company providing drilling and well servicing to oil and gas exploration and development companies throughout the Western Canadian Sedimentary Basin (WCSB) and selects United States basins including the Permian, Eagle Ford, Niobrara, Denver-Julesburg (DJ), Powder River and Bakken. The company has two operating segments; The Contract Drilling segment provides drilling rigs and related ancillary equipment to oil and gas exploration and production companies in both Canada and the United States. The Production Services segment provides well services to oil and gas exploration and production companies through the use of service rigs in Canada.

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