Victoria Oil & Gas (Victoria Oil & Gas) Change In Inventory : $-0.01 Mil (TTM As of Jun. 2021)

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What is Victoria Oil & Gas Change In Inventory?

Victoria Oil & Gas's change in inventory for the quarter that ended in Jun. 2021 was $-0.00 Mil. It means Victoria Oil & Gas's inventory increased by $0.00 Mil from Dec. 2020 to Jun. 2021 .

Victoria Oil & Gas's change in inventory for the fiscal year that ended in Dec. 2020 was $0.00 Mil. It means Victoria Oil & Gas's inventory declined by $0.00 Mil from Dec. 2019 to Dec. 2020 .

Victoria Oil & Gas's Total Inventories for the quarter that ended in Jun. 2021 was $0.01 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Victoria Oil & Gas's Days Inventory for the quarter that ended in Jun. 2021 was 1.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Victoria Oil & Gas's Inventory Turnover for the quarter that ended in Jun. 2021 was 180.12.

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. Victoria Oil & Gas's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 0.00.

Victoria Oil & Gas Change In Inventory Historical Data

The historical data trend for Victoria Oil & Gas'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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Victoria Oil & Gas Change In Inventory Chart

Victoria Oil & Gas Annual Data

Trend

May11

May12

May13

May14

May15

Dec16

Dec17

Dec18

Dec19

Dec20

Change In Inventory

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-0.01

0.01

Victoria Oil & Gas Semi-Annual Data
	Nov11	May12	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Change In Inventory	Get a 7-Day Free Trial															-	-	0.01	-	-

Victoria Oil & Gas 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 Jun. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.01 Mil.

Victoria Oil & Gas (OTCPK:VCOGF) Change In Inventory Explanation

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

Victoria Oil & Gas's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.0085	/	1.531	*	365 / 2
	=	1.01

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

Victoria Oil & Gas's Inventory Turnover for the quarter that ended in Jun. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.531	/	0.0085
	=	180.12

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.

Victoria Oil & Gas's Inventory to Revenue for the quarter that ended in Jun. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0085	/	7.148
	=	0.00

Victoria Oil & Gas Change In Inventory Related Terms

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Victoria Oil & Gas (Victoria Oil & Gas) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Victoria Oil & Gas PLC (OTCPK:VCOGF) » Definitions » Change In Inventory

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Address

Scott House, Suite 1 The Concourse, Waterloo Station, GBR, SE1 7LY

Website

http://www.victoriaoilandgas.com

Victoria Oil & Gas PLC is a UK-based company that operates a fully integrated domestic natural gas production and distribution business and supplies industry in the port city of Douala, Cameroon. The principal activities of the company include exploration, production, and distribution and the sale of hydrocarbons and related activities. It focuses on the development of the Logbaba gas and condensate field to supply gas to its customers and the expansion of the gas pipeline distribution network. The company's operating segments are Cameroon, Russia & Kazakhstan, and Corporate. Most of the company's revenue is generated from Cameroon.

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