PBR.A (Petroleo Brasileiro Petrobras) Change In Inventory : $-295 Mil (TTM As of Dec. 2024)

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What is Petroleo Brasileiro Petrobras Change In Inventory?

Petroleo Brasileiro Petrobras's change in inventory for the quarter that ended in Dec. 2024 was $59 Mil. It means Petroleo Brasileiro Petrobras's inventory declined by $59 Mil from Sep. 2024 to Dec. 2024 .

Petroleo Brasileiro Petrobras's change in inventory for the fiscal year that ended in Dec. 2024 was $-295 Mil. It means Petroleo Brasileiro Petrobras's inventory increased by $295 Mil from Dec. 2023 to Dec. 2024 .

Petroleo Brasileiro Petrobras's Total Inventories for the quarter that ended in Dec. 2024 was $6,710 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Petroleo Brasileiro Petrobras's Days Inventory for the quarter that ended in Dec. 2024 was 59.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. Petroleo Brasileiro Petrobras's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.53.

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. Petroleo Brasileiro Petrobras's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.34.

Petroleo Brasileiro Petrobras Change In Inventory Historical Data

The historical data trend for Petroleo Brasileiro Petrobras'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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Petroleo Brasileiro Petrobras Change In Inventory Chart

Petroleo Brasileiro Petrobras Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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724.00

-2,334.00

-1,217.00

1,564.00

-295.00

Petroleo Brasileiro Petrobras Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Inventory	Get a 7-Day Free Trial															432.00	-627.00	272.00	1.00	59.00

Petroleo Brasileiro Petrobras 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-295 Mil.

Petroleo Brasileiro Petrobras (NYSE:PBR.A) Change In Inventory Explanation

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

Petroleo Brasileiro Petrobras's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	7076	/	10832	*	365 / 4
	=	59.61

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

Petroleo Brasileiro Petrobras's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10832	/	7076
	=	1.53

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.

Petroleo Brasileiro Petrobras's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7076	/	20815
	=	0.34

Petroleo Brasileiro Petrobras Change In Inventory Related Terms

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Petroleo Brasileiro Petrobras Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petroleo Brasileiro SA Petrobras (NYSE:PBR.A) » Definitions » Change In Inventory

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Traded in Other Exchanges

PBR:USA PBRN:Mexico PBRA:Mexico 0KHP:UK XPBRA:Spain XPBR:Spain PJXC:Germany PJXB:Germany PJXA:Germany PJX:Germany PJXC:Germany PJXB:Germany PJXA:Germany PJX:Germany PETR4:Brazil PETR3:Brazil PJXA:Bulgaria

Address

Avenida Henrique Valadares, Rio de Janeiro, RJ, BRA, 28-20231-030

Website

https://www.petrobras.com.br

Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production of oil and gas in Brazilian offshore fields. Production in 2024 was 2.7 million barrels of oil equivalent a day (80% oil production), and reserves stood at 10.9 billion boe (85% oil). At end-2023, Petrobras operated 10 refineries in Brazil with capacity of 1.8 million barrels a day and distributes refined products and natural gas throughout Brazil.