RNGR (Ranger Energy Services) Change In Inventory : $0.3 Mil (TTM As of Mar. 2025)

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What is Ranger Energy Services Change In Inventory?

Ranger Energy Services's change in inventory for the quarter that ended in Mar. 2025 was $-0.1 Mil. It means Ranger Energy Services's inventory increased by $0.1 Mil from Dec. 2024 to Mar. 2025 .

Ranger Energy Services's change in inventory for the fiscal year that ended in Dec. 2024 was $0.4 Mil. It means Ranger Energy Services's inventory declined by $0.4 Mil from Dec. 2023 to Dec. 2024 .

Ranger Energy Services's Total Inventories for the quarter that ended in Mar. 2025 was $5.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ranger Energy Services's Days Inventory for the quarter that ended in Mar. 2025 was 4.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ranger Energy Services's Inventory Turnover for the quarter that ended in Mar. 2025 was 21.91.

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. Ranger Energy Services's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.04.

Ranger Energy Services Change In Inventory Historical Data

The historical data trend for Ranger Energy Services'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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Ranger Energy Services Change In Inventory Chart

Ranger Energy Services Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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0.40

2.70

-3.40

-0.90

0.40

Ranger Energy Services Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Change In Inventory	Get a 7-Day Free Trial															-	-0.10	0.70	-0.20	-0.10

Ranger Energy Services 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.3 Mil.

Ranger Energy Services (NYSE:RNGR) Change In Inventory Explanation

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

Ranger Energy Services's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	5.75	/	126	*	365 / 4
	=	4.16

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

Ranger Energy Services's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	126	/	5.75
	=	21.91

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.

Ranger Energy Services's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.75	/	135.2
	=	0.04

Ranger Energy Services Change In Inventory Related Terms

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Ranger Energy Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ranger Energy Services Inc (NYSE:RNGR) » Definitions » Change In Inventory

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97L:Germany

Address

10350 Richmond, Suite 550, Houston, TX, USA, 77042

Website

https://www.rangerenergy.com

Ranger Energy Services Inc is a provider of onshore high-specification (high-spec) well service rigs, wireline services, and additional processing solutions and ancillary services in the United States. It offers a range of well-site services to U.S. exploration and production (E&P) companies that are fundamental to establishing and enhancing the flow of oil and natural gas throughout the productive life of a well. The segments of the group are High Specification Rigs, Wireline Services and Processing Solutions, and Ancillary Services, of which key revenue is derived from the High Specification Rigs segment.

Executives

Brett T. Agee	director	10350 RICHMOND AVENUE, SUITE 550, HOUSTON TX 77042
Michael C Kearney	director	3300 NORTH SAM HOUSTON PKWY EAST, HOUSTON TX 77032-3411
Krishna Shivram	director	C/O WEATHERFORD INTERNATIONAL PLC, 2000 ST JAMES PLACE, HOUSTON TX 77056
J. Matt Hooker	officer: Chief Operating Officer	800 GESSNER STREET, SUITE 1000, HOUSTON TX 77024
Melissa Cougle	officer: Chief Financial Officer	777 POST OAK BLVD., 7TH FLOOR, HOUSTON TX 77056
Stuart Bodden	director, officer: Chief Executive Officer	10350 RICHMOND AVENUE, SUITE 550, HOUSTON TX 77042
Charles S. Leykum	director, 10 percent owner	1000 LOUISIANA STREET, SUITE 3850, HOUSTON TX 77002
Byron A Dunn	director	C/O HARVEST NATURAL RESOURCES, INC., 1177 ENCLAVE PARKWAY, SUITE 300, HOUSTON TX 77077
William M Austin	director	C/O KEY ENERGY SERVICES, INC., 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010
John Fichthorn	10 percent owner	C/O DIALECTIC CAPITAL MANAGEMENT, LLC, 17 STATE STREET, SUITE 3930, NEW YORK NY 10004
Dialectic Geronimo Manager Llc	10 percent owner	119 ROWAYTON AVENUE, NORWALK CT 06853
Dialectic Partners, Llc	10 percent owner	2ND FLOOR 119 ROWAYTON AVE, NORWALK CT 06853
Dialectic Geronimo Spv Llc	10 percent owner	119 ROWAYTON AVENUE, 2ND FLOOR, NORWALK CT 06853
Dialectic Capital Management, Lp	10 percent owner	119 ROWAYTON AVENUE, 2ND FLOOR, NORWALK CT 06853
Ben A Guill	10 percent owner	600 TRAVIS, SUITE 6000, HOUSTON TX 77002