Boomerang Oil (XCNQ:BOI) Change In Inventory : C$0.00 Mil (TTM As of Jun. 2015)

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What is Boomerang Oil Change In Inventory?

Boomerang Oil's change in inventory for the quarter that ended in Jun. 2015 was C$0.00 Mil. It means Boomerang Oil's inventory stayed the same from Mar. 2015 to Jun. 2015 .

Boomerang Oil's change in inventory for the fiscal year that ended in Sep. 2014 was C$0.00 Mil. It means Boomerang Oil's inventory stayed the same from Sep. 2013 to Sep. 2014 .

Boomerang Oil's Total Inventories for the quarter that ended in Jun. 2015 was C$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Boomerang Oil's Days Inventory for the quarter that ended in Jun. 2015 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. Boomerang Oil's Inventory-to-Revenue for the quarter that ended in Jun. 2015 was 0.00.

Boomerang Oil Change In Inventory Historical Data

The historical data trend for Boomerang Oil'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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Boomerang Oil Change In Inventory Chart

Boomerang Oil Annual Data

Trend

Sep12

Sep13

Sep14

Change In Inventory

Boomerang Oil Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
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Boomerang Oil 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Boomerang Oil (XCNQ:BOI) Change In Inventory Explanation

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

Boomerang Oil'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	/	0.023	*	365 / 4
	=	0.00

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

Boomerang Oil's Inventory Turnover for the quarter that ended in Jun. 2015 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.023	/	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.

Boomerang Oil's Inventory to Revenue for the quarter that ended in Jun. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.017
	=	0.00

Boomerang Oil Change In Inventory Related Terms

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Boomerang Oil (XCNQ:BOI) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Boomerang Oil Inc (XCNQ:BOI) » Definitions » Change In Inventory

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Website

http://www.boomerangoil.com

Boomerang Oil Inc is an independent oil and gas company engaged in the exploration, development, and exploitation of crude oil and natural gas properties in the United States. Its properties are located in Permian Basin and Crawar Field in Texas.

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