QEP Resources (STU:Q8Q) Change In Inventory : €0.0 Mil (TTM As of Dec. 2020)

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What is QEP Resources Change In Inventory?

QEP Resources's change in inventory for the quarter that ended in Dec. 2020 was €0.0 Mil. It means QEP Resources's inventory stayed the same from Sep. 2020 to Dec. 2020 .

QEP Resources's change in inventory for the fiscal year that ended in Dec. 2020 was €0.0 Mil. It means QEP Resources's inventory stayed the same from Dec. 2019 to Dec. 2020 .

QEP Resources's Total Inventories for the quarter that ended in Dec. 2020 was €0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. QEP Resources's Days Inventory for the quarter that ended in Dec. 2020 was 0.00.

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

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. QEP Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2020 was 0.00.

QEP Resources Change In Inventory Historical Data

The historical data trend for QEP 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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QEP Resources Change In Inventory Chart

QEP Resources Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Change In Inventory

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8.25

-0.93

QEP Resources Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

QEP 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 Mil.

QEP Resources (STU:Q8Q) Change In Inventory Explanation

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

QEP 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	/	168.099	*	365 / 4
	=	0.00

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

QEP Resources's Inventory Turnover for the quarter that ended in Dec. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	168.099	/	0
	=	N/A

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.

QEP Resources's Inventory to Revenue for the quarter that ended in Dec. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	164.564
	=	0.00

QEP Resources Change In Inventory Related Terms

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QEP Resources (STU:Q8Q) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

1050 17th Street, Suite 800, Denver, CO, USA, 80265

Website

http://www.qepres.com

QEP Resources Inc. is a crude oil and natural gas exploration and production company that focuses on resources in the United States. QEP's reserves are located in two main areas: the Southern Region, primarily Texas; and the Northern Region, primarily North Dakota. The company sells its oil, condensate, and natural gas liquid (NGL) production to gas-marketing firms, crude-oil refiners, midstream service providers, and other companies. QEP also sells gas volumes to industrial users, utility companies, wholesale marketers, and local distributors.

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