UK Oil & Gas (LSE:UKOG) Change In Inventory : £0.00 Mil (TTM As of Sep. 2023)

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What is UK Oil & Gas Change In Inventory?

UK Oil & Gas's change in inventory for the quarter that ended in Sep. 2023 was £0.00 Mil. It means UK Oil & Gas's inventory stayed the same from Mar. 2023 to Sep. 2023 .

UK Oil & Gas's change in inventory for the fiscal year that ended in Sep. 2023 was £-0.02 Mil. It means UK Oil & Gas's inventory increased by £0.02 Mil from Sep. 2022 to Sep. 2023 .

UK Oil & Gas's Total Inventories for the quarter that ended in Sep. 2023 was £0.02 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. UK Oil & Gas's Days Inventory for the quarter that ended in Sep. 2023 was 2.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. UK Oil & Gas's Inventory Turnover for the quarter that ended in Sep. 2023 was 68.38.

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. UK Oil & Gas's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.02.

UK Oil & Gas Change In Inventory Historical Data

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

UK Oil & Gas Annual Data

Trend

Sep14

Sep15

Sep16

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Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Inventory

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-0.02

UK Oil & Gas Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

UK 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 Mil.

UK Oil & Gas (LSE:UKOG) Change In Inventory Explanation

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

UK 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
	=	0.0105	/	0.718	*	365 / 2
	=	2.67

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

UK Oil & Gas's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.718	/	0.0105
	=	68.38

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.

UK Oil & Gas's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0105	/	0.648
	=	0.02

UK Oil & Gas Change In Inventory Related Terms

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UK Oil & Gas (LSE:UKOG) Business Description

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Address

20 Primrose Street, 8th Floor, The Broadgate Tower, London, GBR, EC2A 2EW

Website

https://www.ukogplc.com

UK Oil & Gas PLC operates as an oil and gas exploration company. Its principal activity is to acquire a portfolio of direct and indirect interests in the exploration, development, and production of oil and gas assets. The company's current operational focus is on the UK and Turkey onshore sectors. Its current UK onshore portfolio consists of direct and indirect interests in six oil and gas exploration, appraisal, development, and production assets, all situated within the Weald and Purbeck-Wight Basins of southern England. The company has three reportable segments: Oil exploration and production which includes producing business activities; Oil exploration and evaluation which includes non-producing activities; Head Office, corporate and administrative, including parent company activities.

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