Gibson Energy (STU:8GB) Change In Inventory : €-81 Mil (TTM As of Mar. 2024)

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What is Gibson Energy Change In Inventory?

Gibson Energy's change in inventory for the quarter that ended in Mar. 2024 was €-77 Mil. It means Gibson Energy's inventory increased by €77 Mil from Dec. 2023 to Mar. 2024 .

Gibson Energy's change in inventory for the fiscal year that ended in Dec. 2023 was €7 Mil. It means Gibson Energy's inventory declined by €7 Mil from Dec. 2022 to Dec. 2023 .

Gibson Energy's Total Inventories for the quarter that ended in Mar. 2024 was €246 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gibson Energy's Days Inventory for the quarter that ended in Mar. 2024 was 8.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gibson Energy's Inventory Turnover for the quarter that ended in Mar. 2024 was 10.38.

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. Gibson Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.09.

Gibson Energy Change In Inventory Historical Data

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

Gibson Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-35.54

-16.92

-63.69

-0.12

6.98

Gibson 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															11.34	20.95	15.23	-40.02	-76.67

Gibson 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 €-81 Mil.

Gibson Energy (STU:8GB) Change In Inventory Explanation

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

Gibson 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
	=	207.7335	/	2155.616	*	365 / 4
	=	8.79

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2155.616	/	207.7335
	=	10.38

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	207.7335	/	2235.165
	=	0.09

Gibson Energy Change In Inventory Related Terms

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Gibson Energy (STU:8GB) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gibson Energy Inc (STU:8GB) » Definitions » Change In Inventory

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GBNXF:USA GEI:Canada

Address

440 - 2nd Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 5E9

Website

https://www.gibsonenergy.com

Gibson Energy Inc. is an oil infrastructure company that collects, stores, and processes crude oil and refined products. Reportable segments include marketing, which deals with buying, selling, and optimizing products such as crude oil, natural gas liquid, road asphalt, and oil-based mud product; and infrastructure, which makes up a system of oil terminals, rail loading facilities, pipelines, and an oil processing facility. Gibson Energy Inc. services Canada and the United States, and the majority of revenue comes from the marketing segment.

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