VELXQ (Canadian Overseas Petroleum) Inventories, Finished Goods: $0.24 Mil (As of Sep. 2023)


What is Canadian Overseas Petroleum Inventories, Finished Goods?

Canadian Overseas Petroleum VELXQ -99.67% Inventories, Finished Goods is $0.24 Mil as of Sep. 2023.

Canadian Overseas Petroleum's quarterly finished goods declined from Mar. 2023 ($0.30 Mil) to Jun. 2023 ($0.25 Mil) and declined from Jun. 2023 ($0.25 Mil) to Sep. 2023 ($0.24 Mil).

Canadian Overseas Petroleum's annual finished goods increased from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($0.08 Mil) and increased from Dec. 2021 ($0.08 Mil) to Dec. 2022 ($0.19 Mil).

Canadian Overseas Petroleum Inventories, Finished Goods Historical Data

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The historical data trend for Canadian Overseas Petroleum's Inventories, Finished Goods 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.

Canadian Overseas Petroleum Inventories, Finished Goods Chart

Canadian Overseas Petroleum Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventories, Finished Goods
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.08 0.19

Canadian Overseas Petroleum Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Inventories, Finished Goods Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.19 0.30 0.25 0.24

Canadian Overseas Petroleum Inventories, Finished Goods Calculation

The products in a manufacturer's inventory that are completed and are waiting to be sold.

What does a Inventories, Finished Goods of $0.24 Mil mean?
Canadian Overseas Petroleum (VELXQ) has a Inventories, Finished Goods of $0.24 Mil as of Sep. 2023. Finished goods are inventory items that are complete and ready to be sold. View historical data on Canadian Overseas Petroleum and its competitors.
Is Canadian Overseas Petroleum's Inventories, Finished Goods too high?
Canadian Overseas Petroleum's current Inventories, Finished Goods is $0.24 Mil.
How does Canadian Overseas Petroleum's Inventories, Finished Goods compare to COP and EOG?
Canadian Overseas Petroleum's Inventories, Finished Goods of $0.24 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Finished Goods for an Oil & Gas company?
A good Inventories, Finished Goods depends on the Oil & Gas industry context. However, Inventories, Finished Goods should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Finished Goods mean?
A high Inventories, Finished Goods can signal that a stock is expensive relative to its fundamentals. Finished goods are inventory items that are complete and ready to be sold. View historical data on Canadian Overseas Petroleum and its competitors. Canadian Overseas Petroleum's current Inventories, Finished Goods is $0.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Overseas Petroleum stock overvalued right now?
Canadian Overseas Petroleum (VELXQ) has a current Inventories, Finished Goods of $0.24 Mil. The current Inventories, Finished Goods is $0.24 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Finished Goods calculated?
Inventories, Finished Goods is calculated from a company's financial statements. For Canadian Overseas Petroleum (VELXQ), the current Inventories, Finished Goods is $0.24 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Canadian Overseas Petroleum Business Description

Industry EnergyOil & Gas
Address 715 - 5th Avenue South West, Suite 3200, Calgary, AB, CAN, T2P 2X6
Canadian Overseas Petroleum Ltd is an international oil and gas exploration, development and production company pursuing opportunities in the United States with operations in Converse County Wyoming, and in sub-Saharan Africa and independently in other countries. The company's Wyoming operations are environmentally responsible with minimal gas flaring and methane emissions combined with electricity sourced from a neighboring wind farm to power production facilities.