PTRUF (Petrus Resources) Change In Inventory : $0.00 Mil (TTM As of Dec. 2024)

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What is Petrus Resources Change In Inventory?

Petrus Resources's change in inventory for the quarter that ended in Dec. 2024 was $0.00 Mil. It means Petrus Resources's inventory stayed the same from Sep. 2024 to Dec. 2024 .

Petrus Resources's change in inventory for the fiscal year that ended in Dec. 2024 was $0.00 Mil. It means Petrus Resources's inventory stayed the same from Dec. 2023 to Dec. 2024 .

Petrus Resources's Total Inventories for the quarter that ended in Dec. 2024 was $0.41 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Petrus Resources's Days Inventory for the quarter that ended in Dec. 2024 was 4.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Petrus Resources's Inventory Turnover for the quarter that ended in Dec. 2024 was 18.82.

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. Petrus Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.03.

Petrus Resources Change In Inventory Historical Data

The historical data trend for Petrus Resources'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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Petrus Resources Change In Inventory Chart

Petrus Resources Annual Data

Trend

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Change In Inventory

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Petrus Resources 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															-	-	-	-	-

Petrus Resources 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 $0.00 Mil.

Petrus Resources (OTCPK:PTRUF) Change In Inventory Explanation

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

Petrus Resources's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.498	/	9.372	*	365 / 4
	=	4.85

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

Petrus Resources's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9.372	/	0.498
	=	18.82

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.

Petrus Resources's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.498	/	15.502
	=	0.03

Petrus Resources Change In Inventory Related Terms

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Petrus Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrus Resources Ltd (OTCPK:PTRUF) » Definitions » Change In Inventory

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Traded in Other Exchanges

6P4:Germany PRQ:Canada

Address

240 - 4th Avenue SW, Suite 1110, Calgary, AB, CAN, T2P 4H4

Website

https://www.petrusresources.com

Petrus Resources Ltd is an oil and gas company that is engaged in the acquisition, development, exploration and exploitation of energy business assets. The company receives maximum revenue from oil and natural gas. The company's core operating areas are Ferrier, Central Alberta, and the Rocky Mountain foothills.