BPZ Resources (FRA:NA4) Inventory Turnover: 0.71 (As of Mar. 2015)

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What is BPZ Resources Inventory Turnover?

BPZ Resources FRA:NA4 Inventory Turnover is 0.71 as of Mar. 2015. The stock has 2 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. BPZ Resources's Cost of Goods Sold for the three months ended in Mar. 2015 was €7.28 Mil. BPZ Resources's Average Total Inventories for the quarter that ended in Mar. 2015 was €10.26 Mil. BPZ Resources's Inventory Turnover for the quarter that ended in Mar. 2015 was 0.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BPZ Resources's Days Inventory for the three months ended in Mar. 2015 was 128.56.

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. BPZ Resources's Inventory-to-Revenue for the quarter that ended in Mar. 2015 was 0.98.

BPZ Resources (FRA:NA4) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

BPZ Resources's Days Inventory for the three months ended in Mar. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2015 )	/	Cost of Goods Sold (Q: Mar. 2015 )	*	Days in Period
	=	10.2605	/	7.283	*	365 / 4
	=	128.56

2. 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.

BPZ Resources's Inventory to Revenue for the quarter that ended in Mar. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2015 )	/	Revenue (Q: Mar. 2015 )
	=	10.2605	/	10.459
	=	0.98

* 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.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

BPZ Resources Inventory Turnover Related Terms

BPZ Resources Inventory Turnover Historical Data

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The historical data trend for BPZ Resources's Inventory Turnover can be seen below:

BPZ Resources Inventory Turnover Chart

BPZ Resources Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Inventory Turnover

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4.31

3.58

2.86

1.31

2.08

BPZ Resources Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Inventory Turnover	Get a 7-Day Free Trial															0.31	0.46	0.71	0.59	0.71

BPZ Resources Inventory Turnover Calculation

BPZ Resources's Inventory Turnover for the fiscal year that ended in Dec. 2014 is calculated as

	Inventory Turnover (A: Dec. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2014 )	/ (	(Total Inventories (A: Dec. 2013 )	+	Total Inventories (A: Dec. 2014 ))	/	count )
=	23.171	/ (	(12.679	+	9.633)	/	2 )
=	23.171	/	11.156
=	2.08

BPZ Resources's Inventory Turnover for the quarter that ended in Mar. 2015 is calculated as

	Inventory Turnover (Q: Mar. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2015 )	/ (	(Total Inventories (Q: Dec. 2014 )	+	Total Inventories (Q: Mar. 2015 ))	/	count )
=	7.283	/ (	(9.633	+	10.888)	/	2 )
=	7.283	/	10.2605
=	0.71

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.71 mean?

BPZ Resources (FRA:NA4) has a Inventory Turnover of 0.71 as of Mar. 2015. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on BPZ Resources and its competitors.

Is BPZ Resources' Inventory Turnover too high?

BPZ Resources' current Inventory Turnover is 0.71.

How does BPZ Resources' Inventory Turnover compare to competitors?

BPZ Resources' Inventory Turnover of 0.71 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 Inventory Turnover for an Oil & Gas company?

A good Inventory Turnover depends on the Oil & Gas industry context. However, Inventory Turnover 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 Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on BPZ Resources and its competitors. BPZ Resources's current Inventory Turnover is 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is BPZ Resources stock overvalued right now?

BPZ Resources (FRA:NA4) has a current Inventory Turnover of 0.71. The current Inventory Turnover is 0.71. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For BPZ Resources (FRA:NA4), the current Inventory Turnover is 0.71 as of Mar. 2015. 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.

BPZ Resources Business Description

Industry Energy Oil & Gas

Comparable Companies STU:01G STU:MIR1 FRA:PAP1 STU:O3X2 FRA:0AMN FRA:C2Z1 STU:62B2 STU:PUQ3 FRA:8P2N FRA:45G1 FRA:O2EN FRA:V5D STU:YQNP FRA:3P4A FRA:52L1 FRA:3UM FRA:CP1 STU:E8U FRA:56M FRA:AJ4

Website http://www.bpzenergy.com

BPZ Resources Inc is a Texas corporation, incorporated in 1993. The Company is an independent oil and gas company engaged in the exploration, development and production of oil and natural gas in Peru and Ecuador. The Company is in the process of developing its Peruvian oil and gas reserves. It has completed the installation of the new CX-15 platform in the Corvina field to continue the development of the field and continued its drilling campaign there with completion of the CX-15-1D well. The customer of the Company is Peruvian national oil company, Petroleos del Peru - PETROPERU S.A.