Seplat Energy (NSA:SEPLAT) Change In Inventory : ₦7,268 Mil (TTM As of Mar. 2024)

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What is Seplat Energy Change In Inventory?

Seplat Energy's change in inventory for the quarter that ended in Mar. 2024 was ₦2,436 Mil. It means Seplat Energy's inventory declined by ₦2,436 Mil from Dec. 2023 to Mar. 2024 .

Seplat Energy's change in inventory for the fiscal year that ended in Dec. 2023 was ₦4,454 Mil. It means Seplat Energy's inventory declined by ₦4,454 Mil from Dec. 2022 to Dec. 2023 .

Seplat Energy's Total Inventories for the quarter that ended in Mar. 2024 was ₦75,970 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Seplat Energy's Days Inventory for the quarter that ended in Mar. 2024 was 34.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. Seplat Energy's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.66.

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. Seplat Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.29.

Seplat Energy Change In Inventory Historical Data

The historical data trend for Seplat 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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Seplat Energy Change In Inventory Chart

Seplat Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-4,905.25

14,862.32

-578.76

29,238.60

4,453.61

Seplat Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-378.36	-480.06	106.18	5,205.85	2,436.18

Seplat 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦7,268 Mil.

Seplat Energy (NSA:SEPLAT) Change In Inventory Explanation

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

Seplat 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
	=	77188.195	/	205041.075	*	365 / 4
	=	34.35

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

Seplat Energy's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	205041.075	/	77188.195
	=	2.66

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.

Seplat Energy's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	77188.195	/	268921.528
	=	0.29

Seplat Energy Change In Inventory Related Terms

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Seplat Energy (NSA:SEPLAT) Business Description

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SEPLl:UK SEPL:UK 134:Germany

Address

16A Temple Road (Olu Holloway), Ikoyi, Lagos, NGA

Website

https://www.seplatenergy.com

Seplat Energy PLC formerly SEPLAT Petroleum Development Company PLC is a Nigerian independent upstream oil and gas company which focuses on production and development opportunities in Nigeria. The company has two reportable segments namely Oil and Gas. Geographically, it derives a majority of revenue from Switzerland. The company's exploration assets include OMLs 4, 38 and 41 which are located in Edo and Delta States onshore Nigeria; OPL 283 Marginal Field Area; and OML 53, which is located onshore in Imo State in the North-Eastern Niger Delta.

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