PQEFF (Petroteq Energy) Change In Inventory: $0.00 Mil (TTM As of May. 2022)

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What is Petroteq Energy Change In Inventory?

Petroteq Energy PQEFF -90.00% Change In Inventory is $0.00 Mil as of May. 2022.

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 $-0.50 Mil. It means Petroteq Energy's inventory increased by $0.50 Mil from Aug. 2020 to Aug. 2021 .

Petroteq Energy's Total Inventories for the quarter that ended in May. 2022 was $0.11 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 443.81.

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 0.21.

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  (OTCPK:PQEFF) 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
=0.107/0.022*365 / 4
=443.81

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
=0.022 / 0.107
=0.21

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
=0.107 / 0
=N/A

* 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.

Petroteq Energy Change In Inventory Related Terms

Petroteq Energy Change In Inventory Historical Data

* Premium members only.

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.

Petroteq Energy Change In Inventory Chart

Petroteq Energy Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.19 -0.02 0.19 -0.50

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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

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.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $0.00 Mil mean?
Petroteq Energy (PQEFF) has a Change In Inventory of $0.00 Mil as of May. 2022. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Petroteq Energy and its competitors.
Is Petroteq Energy's Change In Inventory too high?
Petroteq Energy's current Change In Inventory is $0.00 Mil.
How does Petroteq Energy's Change In Inventory compare to MMEX and SPOWF?
Petroteq Energy's Change In Inventory of $0.00 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for an Oil & Gas company?
A good Change In Inventory depends on the Oil & Gas industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Petroteq Energy and its competitors. Petroteq Energy's current Change In Inventory is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petroteq Energy stock overvalued right now?
Petroteq Energy (PQEFF) has a current Change In Inventory of $0.00 Mil. The current Change In Inventory is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Petroteq Energy (PQEFF), the current Change In Inventory is $0.00 Mil as of May. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Petroteq Energy Business Description

Industry EnergyOil & Gas
Address 15315 W. Magnolia Boulevard, Suite 120, Sherman Oaks, CA, USA, 91403
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.