Hartshead Resources NL (ASX:HHR) Days Inventory : 0.00 (As of Dec. 2023)

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What is Hartshead Resources NL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hartshead Resources NL's Average Total Inventories for the six months ended in Dec. 2023 was A$0.00 Mil. Hartshead Resources NL's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.00 Mil.

The historical rank and industry rank for Hartshead Resources NL's Days Inventory or its related term are showing as below:

ASX:HHR's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 31.715
* Ranked among companies with meaningful Days Inventory only.

Hartshead Resources NL's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (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. Hartshead Resources NL's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Hartshead Resources NL Days Inventory Historical Data

The historical data trend for Hartshead Resources NL's Days 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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Hartshead Resources NL Days Inventory Chart

Hartshead Resources NL Annual Data

Trend

Jun15

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Jun24

Days Inventory

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Hartshead Resources NL Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Hartshead Resources NL's Days Inventory

For the Oil & Gas E&P subindustry, Hartshead Resources NL's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hartshead Resources NL's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hartshead Resources NL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hartshead Resources NL's Days Inventory falls into.

Hartshead Resources NL Days Inventory Calculation

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

Hartshead Resources NL's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

	Days Inventory (A: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Hartshead Resources NL's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 2
=	0					/	0	*	365 / 2
=	N/A

Hartshead Resources NL (ASX:HHR) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Hartshead Resources NL's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

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

2. 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.

Hartshead Resources NL's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	2.247
	=	0.00

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Hartshead Resources NL Days Inventory Related Terms

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Hartshead Resources NL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hartshead Resources NL (ASX:HHR) » Definitions » Days Inventory

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Traded in Other Exchanges

PGNYF:USA

Address

333C Charles Street, North Perth, Perth, WA, AUS, 6006

Website

https://www.hartshead-resources.com.au

Hartshead Resources NL is building a financially, technically and environmentally responsible European Energy business. It is the owner and operator of License P2607 on the United Kingdom Continental Shelf, in the Southern Gas Basin. The License contains multiple gas fields, some of which have been only partially developed. The company also has operations in Poland, Gabon, and Madagascar. The Group has three reportable segments. The first is an interest in developing and exploring gas fields in the UK North Sea in Seaward Production License P2607. The second is an interest in exploring for oil in acreage known as, the Nkembe block, located offshore Gabon. The third interest is at the Ambilobe block, located offshore Madagascar.