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Phoscan Chemical (TSX:FOS) Inventory-to-Revenue : 0.07 (As of Dec. 2023)


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What is Phoscan Chemical 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. Phoscan Chemical's Average Total Inventories for the quarter that ended in Dec. 2023 was C$1.84 Mil. Phoscan Chemical's Revenue for the three months ended in Dec. 2023 was C$26.75 Mil. Phoscan Chemical's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.07.

Phoscan Chemical's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.08) to Sep. 2023 (0.07)

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. Phoscan Chemical's Days Inventory for the three months ended in Dec. 2023 was 11.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. Phoscan Chemical's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.85.


Phoscan Chemical Inventory-to-Revenue Historical Data

The historical data trend for Phoscan Chemical'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.

Phoscan Chemical Inventory-to-Revenue Chart

Phoscan Chemical Annual Data
Trend Jan14 Jan15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.01 0.01

Phoscan Chemical Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 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 0.03 0.04 0.08 0.08 0.07

Competitive Comparison of Phoscan Chemical's Inventory-to-Revenue

For the Oil & Gas E&P subindustry, Phoscan Chemical'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.


Phoscan Chemical's Inventory-to-Revenue Distribution in the Oil & Gas Industry

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

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



Phoscan Chemical 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.

Phoscan Chemical'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 )
=( (1.197 + 1.842) / 2 ) / 125.605
=1.5195 / 125.605
=0.01

Phoscan Chemical'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 )
=( (1.842 + 1.842) / 2 ) / 26.747
=1.842 / 26.747
=0.07

* 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.


Phoscan Chemical  (TSX:FOS) 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.

Phoscan Chemical'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
=1.842/14.459*365 / 4
=11.62

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

Phoscan Chemical'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 )
=14.459 / 1.842
=7.85

* 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.


Phoscan Chemical Inventory-to-Revenue Related Terms

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Phoscan Chemical (TSX:FOS) Business Description

Traded in Other Exchanges
Address
2400, 240 - 4th Avenue SW, Calgary, AB, CAN, T2P 4H4
Petrus Resources Ltd is an oil and gas company that is engaged in the acquisition, development, exploration, and exploitation of energy business assets. The company receives maximum revenue from oil and natural gas. The company's core operating areas are Ferrier, Central Alberta, and the Rocky Mountain foothills.

Phoscan Chemical (TSX:FOS) Headlines

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