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Seacrest Petroleo Bermuda (OSL:SEAPT) Inventory-to-Revenue : 0.54 (As of Dec. 2023)


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What is Seacrest Petroleo Bermuda 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. Seacrest Petroleo Bermuda's Average Total Inventories for the quarter that ended in Dec. 2023 was kr370 Mil. Seacrest Petroleo Bermuda's Revenue for the three months ended in Dec. 2023 was kr682 Mil. Seacrest Petroleo Bermuda's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.54.

Seacrest Petroleo Bermuda's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.63) to Sep. 2023 (0.54)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Seacrest Petroleo Bermuda's Days Inventory for the three months ended in Dec. 2023 was 76.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Seacrest Petroleo Bermuda's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.19.


Seacrest Petroleo Bermuda Inventory-to-Revenue Historical Data

The historical data trend for Seacrest Petroleo Bermuda'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.

Seacrest Petroleo Bermuda Inventory-to-Revenue Chart

Seacrest Petroleo Bermuda Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
- - - 0.15 0.12

Seacrest Petroleo Bermuda Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.06 1.37 0.38 0.63 0.54

Competitive Comparison of Seacrest Petroleo Bermuda's Inventory-to-Revenue

For the Oil & Gas E&P subindustry, Seacrest Petroleo Bermuda'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.


Seacrest Petroleo Bermuda's Inventory-to-Revenue Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Seacrest Petroleo Bermuda's Inventory-to-Revenue falls into.



Seacrest Petroleo Bermuda 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.

Seacrest Petroleo Bermuda's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (100.55 + 339.248) / 2 ) / 1871.791
=219.899 / 1871.791
=0.12

Seacrest Petroleo Bermuda's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (401.597 + 339.248) / 2 ) / 682.166
=370.4225 / 682.166
=0.54

* 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.


Seacrest Petroleo Bermuda  (OSL:SEAPT) 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.

Seacrest Petroleo Bermuda's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=370.4225/441.566*365 / 4
=76.55

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

Seacrest Petroleo Bermuda's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=441.566 / 370.4225
=1.19

* 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.


Seacrest Petroleo Bermuda Inventory-to-Revenue Related Terms

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Seacrest Petroleo Bermuda (OSL:SEAPT) Business Description

Traded in Other Exchanges
Address
99 Front Street, Hamilton, BMU, HM 12
Seacrest Petroleo Bermuda Ltd is an oil and gas exploration group. The Group is engaged in oil and gas exploration, development, production, and trade activities. It has a single operating segment, which consists of oil and gas exploration and production (E&P).

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