Petroteq Energy (FRA:PQCF) Change In Inventory : €0.00 Mil (TTM As of May. 2022)

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What is Petroteq Energy Change In Inventory?

Petroteq Energy's change in inventory for the quarter that ended in May. 2022 was €0.00 Mil. It means Petroteq Energy's inventory stayed the same from Feb. 2022 to May. 2022 .

Petroteq Energy's change in inventory for the fiscal year that ended in Aug. 2021 was €-0.42 Mil. It means Petroteq Energy's inventory increased by €0.42 Mil from Aug. 2020 to Aug. 2021 .

Petroteq Energy's Total Inventories for the quarter that ended in May. 2022 was €0.10 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Petroteq Energy's Days Inventory for the quarter that ended in May. 2022 was 423.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Petroteq Energy's Inventory Turnover for the quarter that ended in May. 2022 was 0.22.

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.

Petroteq Energy Change In Inventory Historical Data

The historical data trend for Petroteq Energy'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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Petroteq Energy Change In Inventory Chart

Petroteq Energy Annual Data

Trend

Aug12

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Change In Inventory

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-0.17

-0.02

0.16

-0.42

Petroteq Energy Quarterly Data
	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Petroteq Energy 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 May. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.00 Mil.

Petroteq Energy (FRA:PQCF) Change In Inventory Explanation

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

Petroteq Energy's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.0975	/	0.021	*	365 / 4
	=	423.66

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

Petroteq Energy's Inventory Turnover for the quarter that ended in May. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.021	/	0.0975
	=	0.22

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.

Petroteq Energy's Inventory to Revenue for the quarter that ended in May. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0975	/	0
	=	N/A

Petroteq Energy Change In Inventory Related Terms

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Petroteq Energy (FRA:PQCF) Business Description

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Address

15315 W. Magnolia Boulevard, Suite 120, Sherman Oaks, CA, USA, 91403

Website

https://www.petroteq.energy

Petroteq Energy Inc is a fully integrated oil and gas company focused on the development and implementation of new proprietary technology for oil extraction. The company operated in two reportable segments being Oil Extraction and Processing Operations and Mining Operations. It generates revenue from the sale of hydrocarbon.

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