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CNPTF (Central Petroleum) Inventory-to-Revenue : 0.22 (As of Jun. 2024)


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What is Central Petroleum Inventory-to-Revenue?

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. Central Petroleum's Average Total Inventories for the quarter that ended in Jun. 2024 was $2.46 Mil. Central Petroleum's Revenue for the six months ended in Jun. 2024 was $11.43 Mil. Central Petroleum's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.22.

Central Petroleum's Inventory-to-Revenue for the quarter that ended in Jun. 2024 increased from Dec. 2023 (0.18) to Dec. 2023 (0.22)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Central Petroleum's Days Inventory for the six months ended in Jun. 2024 was 95.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. Central Petroleum's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.91.


Central Petroleum Inventory-to-Revenue Historical Data

The historical data trend for Central Petroleum's Inventory-to-Revenue 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.

* Premium members only.

Central Petroleum Inventory-to-Revenue Chart

Central Petroleum Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.03 0.07 0.10 0.10

Central Petroleum Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Inventory-to-Revenue 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 0.15 0.24 0.17 0.18 0.22

Competitive Comparison of Central Petroleum's Inventory-to-Revenue

For the Oil & Gas E&P subindustry, Central Petroleum's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Central Petroleum's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Central Petroleum's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Central Petroleum's Inventory-to-Revenue falls into.



Central Petroleum Inventory-to-Revenue Calculation

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.

Central Petroleum's Inventory-to-Revenue for the fiscal year that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (A: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )
=( (2.383 + 2.5) / 2 ) / 24.671
=2.4415 / 24.671
=0.10

Central Petroleum's Inventory-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (Q: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Revenue (Q: Jun. 2024 )
=( (2.428 + 2.5) / 2 ) / 11.434
=2.464 / 11.434
=0.22

* 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.


Central Petroleum  (OTCPK:CNPTF) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Central Petroleum's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=2.464/4.716*365 / 2
=95.35

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

Central Petroleum's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=4.716 / 2.464
=1.91

* 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.


Central Petroleum Inventory-to-Revenue Related Terms

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Central Petroleum Business Description

Traded in Other Exchanges
Address
369 Ann Street, Level 7, Brisbane, QLD, AUS, 4000
Central Petroleum Ltd is an oil and gas explorer and conventional producer with a focus on supplying the domestic gas market. It is engaged in the development, production, processing, and marketing of hydrocarbons and associated exploration. The company's operating segment includes production; development; and exploration. It generates maximum revenue from the Natural gas production segment. Geographically, the company operates only in Australia.

Central Petroleum Headlines

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