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. MMEX Resources's Average Total Inventories for the quarter that ended in Jan. 2024 was $0.00 Mil. MMEX Resources's Revenue for the
three
months ended in Jan. 2024 was $0.00 Mil.
MMEX Resources's Inventory-to-Revenue for the quarter that ended in Jan. 2024
stayed the same
from Oct. 2023 (0.00) to Oct. 2023 (0.00)
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
MMEX Resources's Days Inventory for the
three
months ended in Jan. 2024 was 0.00.
Inventory Turnover measures how fast the company turns over its inventory within a year.
MMEX Resources Inventory-to-Revenue Historical Data
The historical data trend for MMEX Resources'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.
Competitive Comparison of MMEX Resources's Inventory-to-Revenue
For the Oil & Gas E&P subindustry, MMEX Resources'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.
MMEX Resources's Inventory-to-Revenue Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, MMEX Resources's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where MMEX Resources's Inventory-to-Revenue falls into.
MMEX Resources 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.
MMEX Resources's Inventory-to-Revenue for the fiscal year that ended in Apr. 2023 is calculated as
* 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.
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.
MMEX Resources's Days Inventory for the
three
months ended in Jan. 2024 is calculated as:
* 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.
MMEX Resources Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of MMEX Resources's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
MMEX Resources (MMEX Resources) Business Description
MMEX Resources Corp is a resource development company. Principally, it is engaged in the exploration, extraction, refining, and distribution of oil, gas, petroleum products and electric power projects in Texas, Peru, and other countries in Latin America. The company intends to build crude oil refining facilities in the Permian Basin in West Texas. It also focuses on operations of around 10,000 BPD distillation units that will produce a non-transportation grade diesel for sale in the local market for drilling frac fluids, along with naphtha and residual fuel oil to be sold to other refiners.
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